Grayscale Solana Trust Etf Market Value
| GSOL Etf | 182.10 12.60 7.43% |
| Symbol | Grayscale |
Grayscale 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 Grayscale Solana's otc 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 Grayscale Solana.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Grayscale Solana on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Grayscale Solana Trust or generate 0.0% return on investment in Grayscale Solana over 540 days. Grayscale Solana is related to or competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Total, Vanguard Value, Vanguard Growth, and Vanguard Mid. Global Sources Ltd. operates as a businesstobusiness media company that offer information and integrated marketing services in the Peoples Republic of China, rest of Asia, the United States, Europe, and internationally. More
Grayscale 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 Grayscale Solana's otc 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 Grayscale Solana Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 79.55 | |||
| Value At Risk | (22.42) | |||
| Potential Upside | 17.87 |
Grayscale Solana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Solana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grayscale Solana's standard deviation. In reality, there are many statistical measures that can use Grayscale Solana historical prices to predict the future Grayscale Solana's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (2.47) | |||
| Treynor Ratio | 0.2749 |
Grayscale Solana Trust Backtested Returns
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 risk adjusted performance of (0.01), and Market Risk Adjusted Performance of 0.2849 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -1.17, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Grayscale Solana are expected to decrease by larger amounts. On the other hand, during market turmoil, Grayscale Solana is expected to outperform it.
Auto-correlation | -0.63 |
Very good reverse predictability
Grayscale Solana Trust has very good reverse predictability. Overlapping area represents the amount of predictability between Grayscale Solana time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Grayscale Solana Trust price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Grayscale Solana price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 6210.04 |
Grayscale Solana Trust lagged returns against current returns
Autocorrelation, which is Grayscale Solana otc etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Grayscale Solana's otc etf expected returns. We can calculate the autocorrelation of Grayscale Solana returns to help us make a trade decision. For example, suppose you find that Grayscale Solana has exhibited high autocorrelation historically, and you observe that the otc etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Grayscale Solana regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Grayscale Solana otc etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grayscale Solana otc etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grayscale Solana otc etf over time.
Current vs Lagged Prices |
| Timeline |
Grayscale Solana Lagged Returns
When evaluating Grayscale Solana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grayscale Solana otc etf have on its future price. Grayscale Solana autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Grayscale Solana autocorrelation shows the relationship between Grayscale Solana otc etf current value and its past values and can show if there is a momentum factor associated with investing in Grayscale Solana Trust.
Regressed Prices |
| Timeline |
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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.