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

Data Analysis

The release

Released by the Bureau of Census on 14 June 2018 at 8:30 AM EDT. The Retail Sales Excluding Automobiles came in at 1.8% for May 2018, against 0.0% in April 2018. Retail sales excluding autos are rising again, after a fall.

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

Measured by Clometrix

Ethereum's volatility ratio was 0.85x, against 1.43x for a typical Retail Sales Ex Autos release since 2021. Its volume ratio was 0.95x, 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 $483.80 when the figure came out. Fifteen minutes later it was 0.2% lower, and an hour later 1.94% lower. Its high-to-low range in the hour after was 2.62% of its price, against 1.36% 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 the day after the Federal Reserve's 13 June rate decision. Its own ratio of 0.85x compares with 1.43x 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

477.32

Close

519.16

24h Change

41.84 (8.06%)

24h High

529.00

24h Low

460.00

24h Volume

205,246 ETH

US Retail Sales Excluding Automobiles

Bureau of Census

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

Chart Data from Binance

Observations

Time Open High Low Close Change Amplitude Volume
 
1 Minute
Before483.81484.17483.80483.800.00%0.08%19 ETH
During483.80484.14483.70484.090.06%0.09%25 ETH
 
5 Minutes
Before484.53484.53483.30483.80-0.15%0.25%296 ETH
During483.80484.46483.58483.59-0.04%0.18%167 ETH
 
10 Minutes
Before485.22485.50483.30483.80-0.29%0.45%794 ETH
During483.80484.46482.25483.05-0.16%0.46%743 ETH
 
15 Minutes
Before485.26485.88483.30483.80-0.30%0.53%1,201 ETH
During483.80484.46481.23482.85-0.20%0.67%1,261 ETH
 
30 Minutes
Before487.95488.20483.30483.80-0.86%1.00%2,963 ETH
During483.80484.46481.23483.48-0.07%0.67%2,034 ETH
 
1 Hour
Before488.36489.90483.30483.80-0.94%1.35%4,588 ETH
During483.80485.26472.57474.40-1.98%2.62%8,806 ETH
 
2 Hours
Before486.14489.90483.00483.80-0.48%1.41%9,541 ETH
During483.80485.26470.11473.50-2.18%3.12%14,120 ETH
 
4 Hours
Before487.66489.90483.00483.80-0.80%1.41%18,733 ETH
During483.80485.26460.00471.41-2.63%5.21%27,520 ETH
 
6 Hours
Before484.38490.50479.68483.80-0.12%2.21%28,761 ETH
During483.80529.00460.00517.516.51%13.04%95,783 ETH
 
8 Hours
Before477.32495.24468.67487.662.12%5.37%54,391 ETH
During487.66489.90460.00471.41-3.45%6.10%46,253 ETH
 
12 Hours
Before477.32495.24468.67483.801.34%5.37%73,125 ETH
During483.80529.00460.00519.166.81%13.04%132,121 ETH

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