ETH Volatility Analysis for Durable Orders, 13th March 2019

Data Analysis

Measured by Clometrix

Ethereum's volatility ratio was 1.97x, against 1.34x for a typical Durable Orders release since 2021. Its volume ratio was 2.25x, against a typical 1.57x. That is a strong reaction by this release's own standard. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.

How Ethereum moved

Ethereum was at $131.43 when the figure came out. Fifteen minutes later it was 0.33% higher, and an hour later 0.81% higher. Its high-to-low range in the hour after was 1.44% of its price, against 0.62% in the hour before.

The release

Released by the Bureau of Census on 13 March 2019 at 8:30 AM EDT. Durable Goods Orders came in at -3.0% for January 2019, against 3.2% in December 2018. Durable goods orders are falling, after a rise.

It arrived at the same moment as Durable Goods Orders Excluding Transportation, Producer Price Index and Core Producer Price Index, so the reaction measured on this page belongs to all of them together.

What made it matter

Since 2021, Durable Orders releases in the two weeks before a Fed decision have moved Ethereum more than those at other times: a median volatility ratio of 1.66x across 19, against 1.30x across 49. This one came out 7 days before the Federal Reserve's 20 March rate decision. Its own ratio of 1.97x compares with 1.66x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 68 Durable Orders releases since 2021, Ethereum's median volatility ratio is 1.34x.

About Durable Goods Orders

The U.S. Census Bureau publishes the Durable Goods Orders report every month. Durable goods orders reflect new orders placed with domestic manufacturers for delivery of long-lasting manufactured goods (durable goods) in the near term or future. The change in the total value of new orders is measured and shared with the public in two releases per month: the advance report on durable goods and the manufacturers' shipments, inventories, and orders.

Disclaimer

The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.

ETH-USDT

Ethereum

Open

133.38

131.69

24h Change

-1.69 (-1.28%)

24h High

133.56

24h Low

130.58

24h Volume

206,913 ETH

US Durable Goods Orders

Bureau of Census

13th March, 2019, 8:30AM Timezone: America/New York

Chart Data from Binance

Observations

Time	Open	High	Low	Close	Change	Amplitude	Volume

1 Minute
Before	131.44	131.47	131.38	131.39	-0.04%	0.07%	111 ETH
During	131.43	131.50	131.38	131.45	0.02%	0.09%	144 ETH

5 Minutes
Before	131.49	131.50	131.33	131.39	-0.08%	0.13%	580 ETH
During	131.43	131.60	131.36	131.55	0.09%	0.18%	561 ETH

10 Minutes
Before	131.42	131.54	131.33	131.39	-0.02%	0.16%	1,261 ETH
During	131.43	131.68	131.36	131.64	0.16%	0.24%	1,700 ETH

15 Minutes
Before	131.54	131.63	131.00	131.39	-0.11%	0.48%	3,282 ETH
During	131.43	132.03	131.36	131.86	0.33%	0.51%	4,146 ETH

30 Minutes
Before	131.57	131.67	131.00	131.39	-0.14%	0.51%	5,290 ETH
During	131.43	132.54	131.36	132.51	0.82%	0.89%	6,760 ETH

1 Hour
Before	131.74	131.82	131.00	131.39	-0.27%	0.62%	8,419 ETH
During	131.43	133.25	131.36	132.50	0.81%	1.42%	18,012 ETH

2 Hours
Before	131.42	131.82	130.94	131.39	-0.02%	0.67%	23,205 ETH
During	131.43	133.25	131.36	132.50	0.81%	1.42%	27,658 ETH

4 Hours
Before	132.47	132.56	130.58	131.39	-0.82%	1.49%	50,310 ETH
During	131.43	133.25	131.36	131.85	0.32%	1.42%	46,632 ETH

6 Hours
Before	132.08	132.70	130.58	131.39	-0.53%	1.60%	66,235 ETH
During	131.43	133.25	131.36	131.81	0.29%	1.42%	56,505 ETH

8 Hours
Before	133.38	133.56	131.41	132.46	-0.69%	1.61%	67,493 ETH
During	132.47	133.25	130.58	131.85	-0.47%	2.00%	96,942 ETH

12 Hours
Before	133.38	133.56	130.58	131.39	-1.51%	2.23%	117,803 ETH
During	131.43	133.25	131.07	131.69	0.20%	1.64%	89,109 ETH