ETH Volatility Analysis for Retail Sales Ex Autos, 14th September 2018

Data Analysis

The release

Released by the Bureau of Census on 14 September 2018 at 8:30 AM EDT. The Retail Sales Excluding Automobiles came in at 0.2% for August 2018, against 0.6% in July 2018. Retail sales excluding autos are still rising, but more slowly than before.

It arrived at the same moment as Retail Sales, Import Price Index and Export Price Index, so the reaction measured on this page belongs to all of them together.

Measured by Clometrix

Ethereum's volatility ratio was 1.10x, against 1.43x for a typical Retail Sales Ex Autos release since 2021. Its volume ratio was 1.05x, against a typical 1.51x. Under 1.5x is not a reaction at all: the market barely noticed this release. 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 $207.85 when the figure came out. Fifteen minutes later it was 0.43% lower, and an hour later 1.37% lower. Its high-to-low range in the hour after was 2.11% of its price, against 1.48% in the hour before.

What made it matter

Since 2021, Retail Sales Ex Autos releases in the two weeks before a Fed decision have moved Ethereum about as much as those at other times: a median volatility ratio of 1.39x across 27, against 1.43x across 43. This one came out 12 days before the Federal Reserve's 26 September rate decision. Its own ratio of 1.10x compares with 1.39x for those, so it moved the price less than its circumstances would suggest.

About Retail Sales Excluding Automobiles

The U.S. Census Bureau publishes the Retail Sales report every month. It is a measure of consumer spending excluding the automobile sector. Retail firms provide data on the dollar value of their retail sales and inventories. A sample of 12,000 firms is included in the final survey and 5,000 in the advanced one. The advanced estimated data is based on a subsample from the USCB complete retail & food services sample.

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

209.65

Close

210.00

24h Change

0.35 (0.17%)

24h High

224.20

24h Low

202.60

24h Volume

827,419 ETH

US Retail Sales Excluding Automobiles

Bureau of Census

14th September, 2018, 8:30AM Timezone: America/New York

Chart Data from Binance

Observations

Time Open High Low Close Change Amplitude Volume
 
1 Minute
Before208.09208.10207.73207.77-0.15%0.18%278 ETH
During207.85207.92207.43207.73-0.06%0.24%518 ETH
 
5 Minutes
Before208.49208.51207.73207.77-0.35%0.37%2,417 ETH
During207.85208.82207.43208.540.33%0.67%2,736 ETH
 
10 Minutes
Before208.65208.71207.73207.77-0.42%0.47%3,685 ETH
During207.85208.82207.43207.43-0.20%0.67%4,731 ETH
 
15 Minutes
Before209.04209.05207.73207.77-0.61%0.63%6,028 ETH
During207.85208.82205.98206.95-0.43%1.36%8,254 ETH
 
30 Minutes
Before208.33209.27207.12207.77-0.27%1.03%15,518 ETH
During207.85208.82205.98208.460.29%1.36%16,764 ETH
 
1 Hour
Before209.28210.20207.12207.77-0.73%1.47%31,797 ETH
During207.85208.90204.51205.00-1.39%2.10%36,746 ETH
 
2 Hours
Before207.04210.73204.60207.770.35%2.91%65,170 ETH
During207.85208.90202.60205.45-1.17%3.02%70,863 ETH
 
4 Hours
Before213.56213.69202.94207.77-2.79%5.03%153,619 ETH
During207.85212.99202.60211.351.66%4.88%146,379 ETH
 
6 Hours
Before217.00220.00202.94207.77-4.44%7.75%227,388 ETH
During207.85218.49202.60212.782.32%7.27%221,298 ETH
 
8 Hours
Before209.65224.20207.61213.561.83%7.40%279,736 ETH
During213.56213.69202.60211.35-1.05%5.19%299,998 ETH
 
12 Hours
Before209.65224.20202.94207.77-0.90%9.48%433,354 ETH
During207.85221.62202.60210.001.02%8.58%394,065 ETH

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