VanEck Solana (France) Performance
| VS0L Etf | 12.29 0.07 0.57% |
The entity has a beta of 1.77, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, VanEck Solana will likely underperform.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Solana ETN are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, VanEck Solana sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
VanEck |
VanEck Solana Relative Risk vs. Return Landscape
If you would invest 629.00 in VanEck Solana ETN on September 3, 2024 and sell it today you would earn a total of 600.00 from holding VanEck Solana ETN or generate 95.39% return on investment over 90 days. VanEck Solana ETN is generating 1.1986% of daily returns and assumes 4.5133% volatility on return distribution over the 90 days horizon. Simply put, 40% of etfs are less volatile than VanEck, and 77% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
VanEck Solana Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Solana's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Solana ETN, and traders can use it to determine the average amount a VanEck Solana's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2656
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.51 actual daily | 40 60% of assets are more volatile |
Expected Return
| 1.2 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 20 80% of assets perform better |
Based on monthly moving average VanEck Solana is performing at about 20% 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 ETN appears to be risky and price may revert if volatility continues |