ETH Volatility Analysis for Retail Sales Ex Autos, 15th September 2017

Data Analysis

Measured by Clometrix

Ethereum's volatility ratio was 1.99x, against 1.43x for a typical Retail Sales Ex Autos release since 2021. Its volume ratio was 3.35x, 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 $222.51 when the figure came out. Fifteen minutes later it was 2.92% higher, and an hour later 0.86% higher. Its high-to-low range in the hour after was 8.57% of its price, against 14.61% in the hour before.

The release

Released by the Bureau of Census on 15 September 2017 at 8:30 AM EDT. The Retail Sales Excluding Automobiles came in at 0.7% for August 2017, against 0.0% in July 2017. Retail sales excluding autos are rising again, after a fall.

It arrived at the same moment as Retail Sales, 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 came out 5 days before the Federal Reserve's 20 September rate decision. Its own ratio of 1.99x compares with 1.39x 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

232.51

Close

255.04

24h Change

22.53 (8.83%)

24h High

270.93

24h Low

192.00

24h Volume

13,826 ETH

US Retail Sales Excluding Automobiles

Bureau of Census

15th September, 2017, 8:30AM Timezone: America/New York

Chart Data from Binance

Observations

Time Open High Low Close Change Amplitude Volume
 
1 Minute
Before224.00224.50224.00224.500.22%0.22%8 ETH
During222.51224.00222.51224.000.67%0.67%24 ETH
 
5 Minutes
Before219.00224.50219.00224.502.45%2.45%85 ETH
During222.51224.50216.62216.62-2.72%3.51%83 ETH
 
10 Minutes
Before215.82224.50213.02224.503.87%5.11%176 ETH
During222.51224.99216.61224.991.10%3.72%156 ETH
 
15 Minutes
Before215.82224.50212.00224.503.87%5.57%210 ETH
During222.51229.00216.61229.002.83%5.41%386 ETH
 
30 Minutes
Before199.28224.50195.09224.5011.23%13.10%358 ETH
During222.51235.68216.61227.001.98%8.09%651 ETH
 
1 Hour
Before195.02224.50192.00224.5013.13%14.48%693 ETH
During222.51235.68216.61224.430.86%8.09%909 ETH
 
2 Hours
Before203.34224.50192.00224.509.43%14.48%1,220 ETH
During222.51262.00213.04252.6211.92%18.69%2,359 ETH
 
4 Hours
Before213.66225.91192.00224.504.83%15.01%2,866 ETH
During222.51270.93213.04252.5011.88%21.37%4,447 ETH
 
6 Hours
Before226.08226.08192.00224.50-0.70%15.07%4,139 ETH
During222.51270.93213.04250.6211.22%21.37%5,336 ETH
 
8 Hours
Before232.51243.96211.98213.66-8.82%13.11%3,781 ETH
During213.66270.93192.00252.5015.38%29.13%7,312 ETH
 
12 Hours
Before232.51243.96192.00224.50-3.57%21.30%6,646 ETH
During222.51270.93213.04255.0412.75%21.37%7,180 ETH

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