Purpose Solana Etf Market Value
| SOLL-U Etf | 10.00 0.23 2.25% |
| Symbol | Purpose |
Please note, there is a significant difference between Purpose Solana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Purpose Solana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purpose Solana's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Purpose Solana 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Purpose Solana's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Purpose Solana.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in Purpose Solana on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding Purpose Solana Etf or generate 0.0% return on investment in Purpose Solana over 90 days. Purpose Solana is related to or competes with Purpose Floating, Purpose Ether, Purpose Conservative, Purpose Global, and Purpose Enhanced. Purpose Solana is entity of Canada. It is traded as Etf on TO exchange. More
Purpose Solana Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Purpose Solana's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Purpose Solana Etf upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 17.67 | |||
| Value At Risk | (7.23) | |||
| Potential Upside | 6.22 |
Purpose Solana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Purpose Solana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Purpose Solana's standard deviation. In reality, there are many statistical measures that can use Purpose Solana historical prices to predict the future Purpose Solana's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (0.50) |
Purpose Solana January 27, 2026 Technical Indicators
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.49) | |||
| Mean Deviation | 3.37 | |||
| Coefficient Of Variation | (885.24) | |||
| Standard Deviation | 4.35 | |||
| Variance | 18.92 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (0.50) | |||
| Maximum Drawdown | 17.67 | |||
| Value At Risk | (7.23) | |||
| Potential Upside | 6.22 | |||
| Skewness | 0.0282 | |||
| Kurtosis | 0.0369 |
Purpose Solana Etf Backtested Returns
Purpose Solana Etf maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the entity had a -0.13 % return per unit of risk over the last 3 months. Purpose Solana Etf exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Purpose Solana's Coefficient Of Variation of (885.24), variance of 18.92, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The etf holds a Beta of 1.0, which implies a somewhat significant risk relative to the market. Purpose Solana returns are very sensitive to returns on the market. As the market goes up or down, Purpose Solana is expected to follow.
Auto-correlation | -0.53 |
Good reverse predictability
Purpose Solana Etf has good reverse predictability. Overlapping area represents the amount of predictability between Purpose Solana time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Purpose Solana Etf price movement. The serial correlation of -0.53 indicates that about 53.0% of current Purpose Solana price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Pair Trading with Purpose Solana
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Purpose Solana position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Purpose Solana will appreciate offsetting losses from the drop in the long position's value.Moving together with Purpose Etf
Moving against Purpose Etf
| 0.71 | ZEB | BMO SPTSX Equal | PairCorr |
| 0.57 | XIU | iShares SPTSX 60 | PairCorr |
| 0.56 | XIC | iShares Core SPTSX | PairCorr |
| 0.56 | ZCN | BMO SPTSX Capped | PairCorr |
The ability to find closely correlated positions to Purpose Solana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Purpose Solana when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Purpose Solana - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Purpose Solana Etf to buy it.
The correlation of Purpose Solana is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Purpose Solana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Purpose Solana Etf moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Purpose Solana can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Purpose Etf
Purpose Solana financial ratios help investors to determine whether Purpose Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Purpose with respect to the benefits of owning Purpose Solana security.