Ethereum Financials
| ETH Crypto | USD 3,217 60.19 1.91% |
Ethereum |
Please note, the presentation of Ethereum's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ethereum's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ethereum's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ethereum. Please utilize our Beneish M Score to check the likelihood of Ethereum's management manipulating its earnings.
Ethereum Crypto Summary
Ethereum competes with Cardano, Avalanche, Internet Computer, Near, and Cronos. Ethereum is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | NYSE Composite |
| Currency | USD - US Dollar |
Ethereum Systematic Risk
Ethereum's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ethereum volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Ethereum correlated with the market. If Beta is less than 0 Ethereum generally moves in the opposite direction as compared to the market. If Ethereum Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ethereum is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ethereum is generally in the same direction as the market. If Beta > 1 Ethereum moves generally in the same direction as, but more than the movement of the benchmark.
Ethereum Thematic Clasifications
Ethereum is part of USD Crypto Fund investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Cryptocurrency traded in US dollars. Fund from digital currency traded on multiple global exchanges in US dollors.
This theme covers Cryptocurrency traded in US dollars. Fund from digital currency traded on multiple global exchanges in US dollors. . Get More Thematic Ideas
| USD Crypto Fund | View |
Ethereum April 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ethereum help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ethereum. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ethereum based on widely used predictive technical indicators. In general, we focus on analyzing Ethereum Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ethereum's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.03 | |||
| Information Ratio | 0.0918 | |||
| Maximum Drawdown | 18.88 | |||
| Value At Risk | (7.03) | |||
| Potential Upside | 7.72 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethereum. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Ethereum information on this page should be used as a complementary analysis to other Ethereum's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.