VanEck Solana (France) Price on October 8, 2024

VS0L Etf   12.25  0.16  1.32%   
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 12.25, as last reported on the 27th of November, with the highest price reaching 12.25 and the lowest price hitting 11.95 during the day. VanEck Solana is somewhat reliable given 3 months investment horizon. VanEck Solana ETN owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the etf had a 0.25% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use VanEck Solana ETN Risk Adjusted Performance of 0.1804, semi deviation of 2.5, and Coefficient Of Variation of 444.28 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.

Sharpe Ratio = 0.2478

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Estimated Market Risk

 4.61
  actual daily
41
59% of assets are more volatile

Expected Return

 1.14
  actual daily
22
78% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average VanEck Solana is performing at about 19% 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 October 8, 2024

It is possible to determine the worth of VanEck Solana on a given historical date. On October 8, 2024 VanEck was worth 7.03 at the beginning of the trading date compared to the closed value of 7.03. 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
  6.73    6.73    6.73    6.73    1.00  
10/08/2024
  7.03    7.03    7.03    7.03    1.00  
  7.01    7.01    7.01    7.01    1.00  
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Open Value
7.03
7.03
Closing Value
20.85
Upside

VanEck Solana Trading Date Momentum on October 8, 2024

On October 09 2024 VanEck Solana ETN was traded for  7.01  at the closing time. The highest price during the trading period was 7.01  and the lowest recorded bid was listed for  7.01 . There was no trading activity during the period 1.0. Lack of trading volume on October 9, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.28% . The trading price change to the current price is 8.39% .

Price Boundaries

VanEck Solana Period Price Range

Low
November 27, 2024
0.00  NaN%
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 27, 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.