21Shares Solana (France) Price on September 3, 2024
| ASOL Etf | 146.50 4.55 3.21% |
If you're considering investing in 21Shares Etf, it is important to understand the factors that can impact its price. As of today, the current price of 21Shares Solana stands at 146.50, as last reported on the 29th of November, with the highest price reaching 146.75 and the lowest price hitting 142.42 during the day. 21Shares Solana is very steady given 3 months investment horizon. 21Shares Solana staking secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the etf had a 0.24% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.13% are justified by taking the suggested risk. Use 21Shares Solana mean deviation of 3.81, and Coefficient Of Variation of 490.14 to evaluate company specific risk that cannot be diversified away.
21Shares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
21Shares |
Sharpe Ratio = 0.2398
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.71 actual daily | 41 59% of assets are more volatile |
Expected Return
| 1.13 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average 21Shares Solana is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of 21Shares Solana by adding it to a well-diversified portfolio.
21Shares Solana Valuation on September 3, 2024
It is possible to determine the worth of 21Shares Solana on a given historical date. On September 3, 2024 21Shares was worth 76.98 at the beginning of the trading date compared to the closed value of 75.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 21Shares Solana etf. Still, in general, we apply an absolute valuation method to find 21Shares Solana's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of 21Shares Solana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 21Shares Solana's related companies.
| Open | High | Low | Close | Volume | |
| 73.70 | 76.37 | 73.70 | 76.37 | 885.00 | |
09/03/2024 | 76.98 | 77.74 | 75.04 | 75.04 | 923.00 |
| 74.96 | 76.43 | 74.46 | 76.43 | 41.00 |
| Backtest 21Shares Solana | | | 21Shares Solana History | Previous | Next |
21Shares Solana Trading Date Momentum on September 3, 2024
| On September 04 2024 21Shares Solana staking was traded for 76.43 at the closing time. The highest price during the trading period was 76.43 and the lowest recorded bid was listed for 74.46 . The volume for the day was 41.0. This history from September 4, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.85% . The daily price change to the current price is 3.01% . |
Price Boundaries
21Shares Solana Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
21Shares Solana staking cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
21Shares Solana November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how 21Shares Solana etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 21Shares Solana shares will generate the highest return on investment. By undertsting and applying 21Shares Solana etf market strength indicators, traders can identify 21Shares Solana staking entry and exit signals to maximize returns
21Shares Solana Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 21Shares Solana's price direction in advance. Along with the technical and fundamental analysis of 21Shares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 21Shares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.