Ishares Ethereum Trust Etf Profile
| ETHA Etf | 19.68 0.15 0.76% |
Performance0 of 100
| Odds Of DistressLess than 9
|
IShares Ethereum is trading at 19.68 as of the 17th of October 2024, a 0.76 percent decrease since the beginning of the trading day. The etf's open price was 19.83. IShares Ethereum has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for iShares Ethereum Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of September 2024 and ending today, the 17th of October 2024. Click here to learn more.
IShares Ethereum is entity of United States. It is traded as Etf on NASDAQ exchange. More on iShares Ethereum Trust
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IShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Alternative Currency ETFs, Cryptocurrency ETFs, Digital Assets (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2024-07-24 |
| Benchmark | CME CF Ether-Dollar Reference Rate-New York Variant |
| Asset Under Management | 976 Million |
| Asset Type | Currency |
| Category | Alternative Currency |
| Focus | Cryptocurrency |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Custodian | The Bank of New York Mellon Corporation, Coinbase Custody Trust Company LLC |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NASDAQ |
| Number of Constituents | 3.0 |
| Market Maker | Jane Street |
| Total Expense | 0.25 |
| Country Name | USA |
| Code | ETHA |
| Updated At | 16th of October 2024 |
| Name | iShares Ethereum Trust ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01NXX8H49 |
| Type | ETF |
iShares Ethereum Trust [ETHA] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Alternative Currency ETFs. iShares Ethereum Trust currently have in assets under management (AUM).
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iShares Ethereum Trust Currency Exposure
iShares Ethereum Trust holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares Ethereum will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares Ethereum Trust.
iShares Ethereum Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Ethereum. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.11) |
IShares Ethereum Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iShares Ethereum Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of iShares Ethereum Trust is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Ethereum's value that differs from its market value or its book value, called intrinsic value, which is IShares Ethereum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Ethereum's market value can be influenced by many factors that don't directly affect IShares Ethereum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Ethereum's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Ethereum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Ethereum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.