Data Analysis
Measured by Clometrix
Ethereum's volatility ratio was 1.90x, against 1.43x for a typical Retail Sales Ex Autos release since 2021. Its volume ratio was 2.30x, against a typical 1.51x. 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 $892.90 when the figure came out. Fifteen minutes later it was 0.42% lower, and an hour later 1.16% lower. Its high-to-low range in the hour after was 2.25% of its price, against 2.21% in the hour before.
The release
Released by the Bureau of Census on 14 February 2018 at 8:30 AM EST. The Retail Sales Excluding Automobiles came in at -0.4% for January 2018, against 0.7% in December 2017. Retail sales excluding autos are falling, after a rise.
It arrived at the same moment as Retail Sales, Consumer Price Index, Core Consumer Price Index and Core Inflation Rate, so the reaction measured on this page belongs to all of them together.
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 was not within two weeks of a Fed decision. Its own ratio of 1.90x compares with 1.43x for those, so it moved the price more than its circumstances alone would suggest.
Its record
Across 70 Retail Sales Ex Autos releases since 2021, Ethereum's median volatility ratio is 1.43x.
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
846.02Close
911.9124h Change
65.89 (7.23%)24h High
924.9924h Low
845.8724h Volume
156,708 ETHUS Retail Sales Excluding Automobiles
Bureau of Census
14th February, 2018, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 894.31 | 895.00 | 892.73 | 893.89 | -0.05% | 0.25% | 198 ETH |
| During | 892.90 | 894.02 | 892.66 | 893.08 | 0.02% | 0.15% | 192 ETH |
| 5 Minutes | |||||||
| Before | 897.20 | 897.21 | 892.73 | 893.89 | -0.37% | 0.50% | 865 ETH |
| During | 892.90 | 896.24 | 890.53 | 892.28 | -0.07% | 0.64% | 1,021 ETH |
| 10 Minutes | |||||||
| Before | 898.53 | 899.99 | 892.73 | 893.89 | -0.52% | 0.81% | 2,116 ETH |
| During | 892.90 | 896.24 | 886.00 | 887.64 | -0.59% | 1.14% | 2,209 ETH |
| 15 Minutes | |||||||
| Before | 896.41 | 899.99 | 892.73 | 893.89 | -0.28% | 0.81% | 3,182 ETH |
| During | 892.90 | 896.24 | 885.80 | 889.18 | -0.42% | 1.16% | 2,946 ETH |
| 30 Minutes | |||||||
| Before | 889.20 | 899.99 | 887.89 | 893.89 | 0.52% | 1.34% | 6,836 ETH |
| During | 892.90 | 896.24 | 885.80 | 889.00 | -0.44% | 1.16% | 5,223 ETH |
| 1 Hour | |||||||
| Before | 886.02 | 899.99 | 880.25 | 893.89 | 0.88% | 2.19% | 13,000 ETH |
| During | 892.90 | 896.24 | 876.18 | 882.54 | -1.17% | 2.24% | 11,230 ETH |
| 2 Hours | |||||||
| Before | 862.27 | 899.99 | 861.11 | 893.89 | 3.54% | 4.32% | 28,590 ETH |
| During | 892.90 | 896.24 | 876.18 | 894.67 | 0.20% | 2.24% | 17,977 ETH |
| 4 Hours | |||||||
| Before | 859.47 | 899.99 | 857.00 | 893.89 | 3.85% | 4.78% | 34,273 ETH |
| During | 892.90 | 918.00 | 876.18 | 910.17 | 1.90% | 4.56% | 40,543 ETH |
| 6 Hours | |||||||
| Before | 866.95 | 899.99 | 856.42 | 893.89 | 3.01% | 4.84% | 41,534 ETH |
| During | 892.90 | 919.95 | 876.18 | 901.76 | 0.98% | 4.76% | 56,802 ETH |
| 8 Hours | |||||||
| Before | 846.02 | 870.17 | 845.87 | 859.47 | 1.56% | 2.79% | 31,665 ETH |
| During | 859.47 | 918.00 | 857.00 | 910.17 | 5.57% | 6.64% | 74,816 ETH |
| 12 Hours | |||||||
| Before | 846.02 | 899.99 | 845.87 | 893.89 | 5.36% | 6.01% | 65,939 ETH |
| During | 892.90 | 924.99 | 876.18 | 911.91 | 2.08% | 5.28% | 90,769 ETH |
