| Benford Chart for CETH 10K Filed 3/26/2025 | ||||||||||||||||||||||||||||||||||||
Total numbers found: 88 Recent share count: NA ■ = Typical range across full coverage universe | ||||||||||||||||||||||||||||||||||||
| # of Numbers Found in Filing | |||
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On this page of Benford's Law Stocks.com we present our study of 21SHARES CORE ETHEREUM ETF — ticker symbol CETH. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/28/2024 to 3/26/2025
for 21SHARES CORE ETHEREUM ETF under CIK number 0001992508.
For filings made in XBRL (eXtensible
Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL
filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format
found for each filing is presented below together with the results for CETH, with the percentage of found numbers beginning with each digit
(1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as
well as the "normal" range for 21SHARES CORE ETHEREUM ETF based on the past CETH filings our system processed in the past.
| Benford's Law Stocks Score for CETH = 53 | ||
Starting from a possible score of 100, we made the following score deductions: • We deducted points upon observing the 1's percentage was above the typical coverage universe range. • We deducted points upon observing the 2's percentage was below the typical coverage universe range. • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier. • We deducted points (includes the impact of penalty multiplier) upon observing the 3's percentage was above the typical coverage universe range. • We deducted point upon observing the 5's percentage was below the typical coverage universe range. • We deducted points upon observing the 6's percentage was below the typical coverage universe range. • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier. • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction. • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was below the typical coverage universe range. • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier. • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction. • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was below the typical coverage universe range. • We deducted points upon observing the 9's percentage was below the typical coverage universe range. |
| CETH's Score Vs. Typical Stock | |||
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Check our work! We provide our 21SHARES CORE ETHEREUM ETF Benford's Law analysis for informational purposes only, and our software should be expected to
make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating
the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the CETH filing
above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also
be helpful for exploring any columns in particular that caught your eye.
| 1's | 2's | 3's |
|---|---|---|
| We found 47 numbers that start with the digit 1. Here they are: 15,551,512 16,869,879 16,869,879 16,869,879 12,483,772 16,869,879 1,010,000 16.70 15,551,512 16,869,879 100.00 15,551,512 16,869,879 100.00 16,869,879 100.00 14,657 14,657 14,657 1,318,367 15,109,007 1,318,367 16,869,879 1,810,002 1,010,000 100 16,869,879 16,869,879 15,109,007 1,318,367 16,869,879 100,000 10,000 1,810,002 1,010,000 15,109,007 12,483,772 10,880 14,657 10,880 14,657 1,561 1,318,367 1,561 1,561 17.04 16.70 | We found 10 numbers that start with the digit 2. Here they are: 27,592,779 2 20,000 27,592,779 21 21 27,592,779 20,000 2.00 21 | We found 13 numbers that start with the digit 3. Here they are: 3,067,740 3,067,740 340,739 3,067,740 3,777 3,777 3,067,740 3,067,740 3,223,608 3,223,608 3,223,608 34 34 |
| 4's | 5's | 6's |
|---|---|---|
| We found 7 numbers that start with the digit 4. Here they are: 4,386,107 4,386,107 4,386,107 4,000.0000 4,540,414 4,386,107 4,386,107 | We found 5 numbers that start with the digit 5. Here they are: 5,050.0000 5,050.0000 50.00 5,050.0000 500 | We found 1 numbers that start with the digit 6. Here they are: |
| 7's | 8's | 9's |
|---|---|---|
| We found 2 numbers that start with the digit 7. Here they are: 7,608,154 7,608,154 | We found 3 numbers that start with the digit 8. Here they are: 850,000 800,002 800,002 | We found 1 numbers that start with the digit 9. Here they are: 9,050.0000
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While the above CETH 10K Filed 3/26/2025 is interesting in isolation, we have found that it is also useful to take a look at older
21SHARES CORE ETHEREUM ETF filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a
Benford's Law analysis. Below we repeat the 10K Filed 3/26/2025 but instead of the chart comparing against the typical company across
our coverage universe, below we show the same chart compared against the typical CETH 10Q and 10K filings that we have processed
historically. This is followed by similar charts for each of those historical filings.
| 10K Filed 3/26/2025 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 88 ■ = Typical CETH range from 8/28/2024 to 3/26/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 11/12/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 83 ■ = Typical CETH range from 8/28/2024 to 3/26/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 8/28/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 52 ■ = Typical CETH range from 8/28/2024 to 3/26/2025 | ||||||||||||||||||||||||||||||||||||