VanEck Solana (Netherlands) Performance

VS0L Etf   12.97  0.60  4.85%   
The entity has a beta of 1.2, 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

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Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Solana ETN are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, VanEck Solana unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
  

VanEck Solana Relative Risk vs. Return Landscape

If you would invest  783.00  in VanEck Solana ETN on August 29, 2024 and sell it today you would earn a total of  514.00  from holding VanEck Solana ETN or generate 65.64% return on investment over 90 days. VanEck Solana ETN is generating 0.9366% of daily returns and assumes 5.0112% volatility on return distribution over the 90 days horizon. Simply put, 44% of etfs are less volatile than VanEck, and 82% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon VanEck Solana is expected to generate 6.48 times more return on investment than the market. However, the company is 6.48 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.16 per unit of 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 = 0.1869

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Estimated Market Risk

 5.01
  actual daily
44
56% of assets are more volatile

Expected Return

 0.94
  actual daily
18
82% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average VanEck Solana is performing at about 14% 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 is way too risky over 90 days horizon
VanEck Solana ETN appears to be risky and price may revert if volatility continues