VanEck Solana (Netherlands) Price on November 11, 2024
VS0L Etf | 12.97 0.60 4.85% |
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. As of today, the current price of VanEck Solana stands at 12.97, as last reported on the 28th of November, with the highest price reaching 13.00 and the lowest price hitting 12.51 during the day. VanEck Solana is somewhat reliable given 3 months investment horizon. VanEck Solana ETN owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the etf had a 0.22% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.08% are justified by taking the suggested risk. Use VanEck Solana ETN Coefficient Of Variation of 595.34, semi deviation of 3.25, and Risk Adjusted Performance of 0.1369 to evaluate company specific risk that cannot be diversified away.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.2205
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Estimated Market Risk
4.92 actual daily | 43 57% of assets are more volatile |
Expected Return
1.08 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average VanEck Solana is performing at about 17% 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 VanEck Solana by adding it to a well-diversified portfolio.
VanEck Solana Valuation on November 11, 2024
It is possible to determine the worth of VanEck Solana on a given historical date. On November 11, 2024 VanEck was worth 11.27 at the beginning of the trading date compared to the closed value of 11.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Solana etf. Still, in general, we apply an absolute valuation method to find VanEck 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 VanEck Solana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Solana's related companies.
Open | High | Low | Close | Volume | |
10.68 | 11.02 | 10.67 | 10.82 | 20,029 | |
11/11/2024 | 11.27 | 11.86 | 11.15 | 11.82 | 13,511 |
11.90 | 12.04 | 11.10 | 11.24 | 12,474 |
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VanEck Solana Trading Date Momentum on November 11, 2024
On November 12 2024 VanEck Solana ETN was traded for 11.24 at the closing time. The highest price during the trading period was 12.04 and the lowest recorded bid was listed for 11.10 . The volume for the day was 12.5 K. This history from November 12, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 4.91% . The trading price change to the current price is 8.80% . |
Price Boundaries
VanEck Solana Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
VanEck Solana ETN cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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.
VanEck Solana November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck 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 VanEck Solana shares will generate the highest return on investment. By undertsting and applying VanEck Solana etf market strength indicators, traders can identify VanEck Solana ETN entry and exit signals to maximize returns
VanEck Solana Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Solana's price direction in advance. Along with the technical and fundamental analysis of VanEck Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of VanEck 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.