VanEck Solana (France) Price on September 10, 2024
VS0L Etf | 10.65 2.47 18.83% |
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 10.65, as last reported on the 24th of November, with the highest price reaching 10.65 and the lowest price hitting 10.65 during the day. VanEck Solana appears to be slightly risky, given 3 months investment horizon. VanEck Solana ETN owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13% return per unit of risk over the last 3 months. By inspecting VanEck Solana's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please review VanEck Solana's Coefficient Of Variation of 716.84, risk adjusted performance of 0.1152, and Semi Deviation of 2.93 to confirm if our risk estimates are consistent with your expectations.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.1312
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Estimated Market Risk
5.28 actual daily | 47 53% of assets are more volatile |
Expected Return
0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average VanEck Solana is performing at about 10% 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 September 10, 2024
It is possible to determine the worth of VanEck Solana on a given historical date. On September 10, 2024 VanEck was worth 6.52 at the beginning of the trading date compared to the closed value of 6.52. 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 | |
6.25 | 6.25 | 6.25 | 6.25 | 1.00 | |
09/10/2024 | 6.52 | 6.52 | 6.52 | 6.52 | 1.00 |
6.42 | 6.42 | 6.42 | 6.42 | 1.00 |
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VanEck Solana Trading Date Momentum on September 10, 2024
On September 11 2024 VanEck Solana ETN was traded for 6.42 at the closing time. The highest price during the trading period was 6.42 and the lowest recorded bid was listed for 6.42 . There was no trading activity during the period 1.0. Lack of trading volume on September 11, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.53% . The trading price change to the current price is 8.74% . |
Price Boundaries
VanEck Solana Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
VanEck Solana ETN 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.
VanEck Solana November 24, 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.