Grayscale Solana Trust Etf Price on November 21, 2024

GSOL Etf   182.10  12.60  7.43%   
If you're considering investing in Grayscale OTC Etf, it is important to understand the factors that can impact its price. As of today, the current price of Grayscale Solana stands at 182.10, as last reported on the 1st of December, with the highest price reaching 201.00 and the lowest price hitting 165.01 during the day. Grayscale Solana Trust holds Efficiency (Sharpe) Ratio of -0.0121, which attests that the entity had a -0.0121% return per unit of standard deviation over the last 3 months. Grayscale Solana Trust exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grayscale Solana's market risk adjusted performance of 0.2849, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide.
  
Grayscale OTC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0121

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Estimated Market Risk

 13.02
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Grayscale Solana is not performing at its full potential. However, 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 Grayscale Solana by adding Grayscale Solana to a well-diversified portfolio.

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Grayscale Solana Valuation on November 21, 2024

It is possible to determine the worth of Grayscale Solana on a given historical date. On November 21, 2024 Grayscale was worth 177.0 at the beginning of the trading date compared to the closed value of 185.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grayscale Solana otc etf. Still, in general, we apply an absolute valuation method to find Grayscale 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 Grayscale Solana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grayscale Solana's related companies.
 Open High Low Close Volume
  214.50    218.00    135.60    166.00    49,800  
11/21/2024
  177.00    198.00    176.39    185.50    51,200  
  183.00    196.99    172.00    181.32    25,100  
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Open Value
177.0
137.95
Downside
185.5
Closing Value
216.05
Upside

Grayscale Solana Trading Date Momentum on November 21, 2024

On November 22 2024 Grayscale Solana Trust was traded for  181.32  at the closing time. The top price for the day was 196.99  and the lowest listed price was  172.00 . The trading volume for the day was 25.1 K. The trading history from November 22, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.25% . The overall trading delta against the current closing price is 7.04% .

Grayscale Solana Trust Fundamentals Correlations and Trends

By evaluating Grayscale Solana's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Grayscale Solana's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grayscale financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Grayscale Solana OTC Etf history

Grayscale Solana investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Grayscale is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grayscale Solana Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Grayscale Solana stock prices may prove useful in developing a viable investing in Grayscale Solana
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Grayscale Solana OTC Etf Technical Analysis

Grayscale Solana technical otc etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of Grayscale Solana technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grayscale Solana trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Grayscale Solana Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Grayscale Solana Trust cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX Exchange. 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.

Grayscale Solana December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Grayscale Solana otc etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grayscale Solana shares will generate the highest return on investment. By undertsting and applying Grayscale Solana otc etf market strength indicators, traders can identify Grayscale Solana Trust entry and exit signals to maximize returns

Grayscale Solana Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Grayscale Solana's price direction in advance. Along with the technical and fundamental analysis of Grayscale OTC Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grayscale 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.

Other Information on Investing in Grayscale OTC Etf

Grayscale Solana financial ratios help investors to determine whether Grayscale OTC 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 Grayscale with respect to the benefits of owning Grayscale Solana security.