VanEck Solana Competition

VS0L Etf

9.51 0.04 0.42%

Analyzing VanEck Solana competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of VanEck Solana to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of VanEck Solana competition on your existing holdings.

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VanEck Solana Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between VanEck Solana and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of VanEck and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of VanEck Solana ETN does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.76	-0.53	-0.44	0.46	0.28	0.57	0.28	-0.18	-0.5	META
MSFT	0.76		-0.64	-0.35	0.51	0.06	0.57	0.35	-0.17	-0.76	MSFT
UBER	-0.53	-0.64		0.44	-0.72	0.18	-0.77	-0.54	0.59	0.71	UBER
F	-0.44	-0.35	0.44		0.02	-0.25	-0.04	0.31	-0.09	0.66	F
T	0.46	0.51	-0.72	0.02		-0.31	0.88	0.84	-0.7	-0.4	T
A	0.28	0.06	0.18	-0.25	-0.31		-0.32	-0.51	0.69	0.07	A
CRM	0.57	0.57	-0.77	-0.04	0.88	-0.32		0.88	-0.79	-0.46	CRM
JPM	0.28	0.35	-0.54	0.31	0.84	-0.51	0.88		-0.84	-0.22	JPM
MRK	-0.18	-0.17	0.59	-0.09	-0.7	0.69	-0.79	-0.84		0.24	MRK
XOM	-0.5	-0.76	0.71	0.66	-0.4	0.07	-0.46	-0.22	0.24		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

CRM	+ 0.88	T
JPM	+ 0.88	CRM
JPM	+ 0.84	T
MSFT	+ 0.76	META
XOM	+ 0.71	UBER
MRK	+ 0.69	A

High negative correlations

MRK	- 0.84	JPM
MRK	- 0.79	CRM
CRM	- 0.77	UBER
XOM	- 0.76	MSFT
T	- 0.72	UBER
MRK	- 0.7	T

VanEck Solana Competition Risk-Adjusted Indicators

There is a big difference between VanEck Etf performing well and VanEck Solana ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze VanEck Solana's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
META	1.21	0.10	0.05	0.23	1.41	(1.36)	2.62	(3.15)	7.43
MSFT	0.86	0.00	(0.01)	0.03	1.61	(0.78)	1.78	(2.23)	8.14
UBER	1.70	(0.29)	0.00	(0.30)	0.00	0.00	2.67	(5.35)	20.41
F	1.45	(0.15)	0.00	(0.07)	0.00	0.00	2.53	(2.90)	11.21
T	0.95	0.11	0.07	0.52	1.14	(1.00)	1.93	(1.99)	7.95
A	1.23	(0.05)	0.00	(0.07)	0.00	0.00	2.71	(2.42)	9.02
CRM	1.47	0.37	0.23	0.31	1.31	(1.67)	3.18	(2.88)	14.80
JPM	1.06	0.16	0.15	0.13	1.09	(1.25)	1.99	(1.44)	15.87
MRK	0.97	(0.23)	0.00	(0.89)	0.00	0.00	1.72	(2.17)	5.17
XOM	0.87	(0.15)	0.00	(0.47)	0.00	0.00	1.83	(2.14)	6.06

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VanEck Solana Competitive Analysis

The better you understand VanEck Solana competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, VanEck Solana's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across VanEck Solana's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	VS0L	V3ET	VSMA	HY3M	MOGB	GMVM	VIGB
	0.42 9.51 VanEck	0.08 74.77 VanEck	1.06 11.22 VanEck	0.00 118.08 VanEck	1.44 6.33 VanEck	0.00 58.32 VanEck	0.00 18.90 VanEck
Market Volatility (90 Days Market Risk)	Slightly risky	Very steady	Somewhat reliable	Very steady	Somewhat reliable	Very steady	Very steady
Market Performance (90 Days Performance)	Modest	Very Weak	Good	Solid	Very Weak	OK	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Unknown	Unknown	About Average	Unknown	About Average	Unknown
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Cautious Hold	Hold	Sell	Hold	Strong Hold	Cautious Hold
Day Typical Price	9.52	74.85	11.28	118.08	6.3	58.32	18.9
Accumulation Distribution	0.032	0.0033	0.0167	N/A	0.0142	N/A	5.0E-4
Market Facilitation Index	0.31	0.25	0.19	N/A	0.09	N/A	0.01
Daily Balance Of Power	0.129	(0.24)	(0.63)	0.0	1.0	0.0	N/A
Period Momentum Indicator	0.04	(0.06)	(0.12)	N/A	0.09	N/A	N/A
Rate Of Daily Change	1.0	1.0	0.99	1.0	1.01	1.0	1.0
Day Median Price	9.52	74.9	11.32	118.08	6.29	58.32	18.91
Price Action Indicator	0.005	(0.16)	(0.15)	N/A	0.09	N/A	(0.01)
Coefficient Of Variation	833.86	(2,399)	630.81	400.16	(3,525)	788.54	1669.96
Mean Deviation	3.98	0.4657	3.49	0.3636	1.82	0.6436	0.0963
Jensen Alpha	0.542	(0.04)	0.66	0.1037	(0.08)	0.0909	(0)
Total Risk Alpha	0.369	(0.06)	0.5144	0.0869	(0.20)	0.0647	(0.01)
Sortino Ratio	0.1374	N/A	0.1798	0.1893	N/A	0.0873	(0.27)
Downside Variance	16.0	N/A	14.2	0.1468	N/A	0.6219	0.0198
Standard Deviation	4.96	0.6193	4.56	0.4692	2.63	0.8958	0.122
Kurtosis	0.4692	0.7791	1.23	0.3448	0.9083	2.45	0.4989
Potential Upside	10.93	1.1	9.45	0.9713	5.03	1.8	0.1597
Treynor Ratio	0.4793	(0.18)	0.4719	1.06	7.36	0.2824	(0.07)
Maximum Drawdown	22.51	3.14	25.61	2.42	13.24	5.52	0.5834
Variance	24.56	0.3835	20.77	0.2201	6.92	0.8024	0.0149
Market Risk Adjusted Performance	0.4893	(0.17)	0.4819	1.07	7.37	0.2924	(0.06)
Risk Adjusted Performance	0.1043	(0.04)	0.135	0.1928	(0.02)	0.1025	(0.01)
Skewness	0.6744	(0.34)	0.6116	0.4397	0.5075	0.7106	(0.34)
Semi Deviation	3.69	N/A	3.38	0.0	N/A	0.6058	0.0778
Information Ratio	0.1109	(0.11)	0.1487	0.1546	(0.05)	0.0769	(0.31)
Value At Risk	(6.07)	(1.08)	(5.97)	(0.56)	(4.22)	(1.07)	(0.16)
Expected Short fall	(4.97)	N/A	(4.08)	(0.44)	N/A	(0.77)	(0.11)
Downside Deviation	4.0	N/A	3.77	0.3831	N/A	0.7886	0.1406
Semi Variance	13.62	N/A	11.46	(0.01)	N/A	0.367	0.0061

VanEck Solana Competition Performance Charts

Five steps to successful analysis of VanEck Solana Competition

VanEck Solana's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by VanEck Solana ETN in relation to its competition. VanEck Solana's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of VanEck Solana in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact VanEck Solana's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to VanEck Solana ETN, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your VanEck Solana position

In addition to having VanEck Solana in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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