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

Data Analysis

The release

Released by the Bureau of Census on 15 November 2017 at 8:30 AM EST. The Retail Sales Excluding Automobiles came in at -0.1% for October 2017, against 1.6% in September 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.

Measured by Clometrix

Ethereum's volatility ratio was 1.30x, against 1.43x for a typical Retail Sales Ex Autos release since 2021. Its volume ratio was 1.75x, 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 $329.37 when the figure came out. Fifteen minutes later it was 0.19% higher, and an hour later 0.49% higher. Its high-to-low range in the hour after was 1.56% of its price, against 1.55% 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 was not within two weeks of a Fed decision. Its own ratio of 1.30x compares with 1.43x for those, about what 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

333.90

Close

329.23

24h Change

-4.67 (-1.42%)

24h High

339.00

24h Low

324.00

24h Volume

15,083 ETH

US Retail Sales Excluding Automobiles

Bureau of Census

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

Chart Data from Binance

Observations

Time Open High Low Close Change Amplitude Volume
 
1 Minute
Before330.98331.49330.98331.490.15%0.15%22 ETH
During329.37331.96329.37330.600.37%0.78%25 ETH
 
5 Minutes
Before330.69331.49329.32331.490.24%0.65%100 ETH
During329.37331.96329.37329.920.17%0.78%93 ETH
 
10 Minutes
Before331.00331.49329.05331.490.15%0.74%116 ETH
During329.37331.96329.37331.180.55%0.78%178 ETH
 
15 Minutes
Before328.86331.49328.58331.490.79%0.88%166 ETH
During329.37331.96329.37329.990.19%0.78%242 ETH
 
30 Minutes
Before330.21331.49327.99331.490.39%1.06%358 ETH
During329.37334.51329.37331.810.74%1.54%522 ETH
 
1 Hour
Before330.83333.10327.99331.490.20%1.53%682 ETH
During329.37334.51329.37330.980.49%1.54%1,037 ETH
 
2 Hours
Before334.75335.92327.99331.49-0.98%2.36%1,698 ETH
During329.37334.51328.58329.00-0.11%1.77%1,771 ETH
 
4 Hours
Before334.96335.99327.99331.49-1.05%2.38%3,069 ETH
During329.37334.51324.00330.470.33%3.14%3,470 ETH
 
6 Hours
Before335.66336.23327.99331.49-1.26%2.45%4,224 ETH
During329.37334.51324.00329.890.16%3.14%4,012 ETH
 
8 Hours
Before333.90339.00329.04334.970.32%2.94%5,080 ETH
During334.96335.99324.00330.47-1.36%3.57%6,539 ETH
 
12 Hours
Before333.90339.00327.99331.49-0.73%3.25%8,148 ETH
During329.37334.51324.00329.23-0.04%3.14%6,935 ETH

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