VanEck Solana's market value is the price at which a share of VanEck Solana trades on a public exchange. It measures the collective expectations of VanEck Solana ETN investors about its performance. VanEck Solana is selling for under 7.10 as of the 2nd of March 2025; that is 5.19% increase since the beginning of the trading day. The etf's lowest day price was 6.32. With this module, you can estimate the performance of a buy and hold strategy of VanEck Solana ETN and determine expected loss or profit from investing in VanEck Solana over a given investment horizon. 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.
Symbol
VanEck
VanEck 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 VanEck 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 VanEck Solana.
0.00
01/01/2025
No Change 0.00
0.0
In 2 months and 2 days
03/02/2025
0.00
If you would invest 0.00 in VanEck Solana on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding VanEck Solana ETN or generate 0.0% return on investment in VanEck Solana over 60 days.
VanEck 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 VanEck 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 VanEck Solana ETN upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Solana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Solana's standard deviation. In reality, there are many statistical measures that can use VanEck Solana historical prices to predict the future VanEck Solana's volatility.
VanEck Solana ETN owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0797, which indicates the etf had a -0.0797 % return per unit of risk over the last 3 months. VanEck Solana ETN exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Solana's Coefficient Of Variation of (1,166), risk adjusted performance of (0.05), and Variance of 40.9 to confirm the risk estimate we provide. The entity has a beta of -0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VanEck Solana are expected to decrease at a much lower rate. During the bear market, VanEck Solana is likely to outperform the market.
Auto-correlation
-0.57
Good reverse predictability
VanEck Solana ETN has good reverse predictability. Overlapping area represents the amount of predictability between VanEck Solana time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of VanEck Solana ETN price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current VanEck Solana price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.57
Spearman Rank Test
-0.74
Residual Average
0.0
Price Variance
1.9
VanEck Solana ETN lagged returns against current returns
Autocorrelation, which is VanEck Solana 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 VanEck Solana's etf expected returns. We can calculate the autocorrelation of VanEck Solana returns to help us make a trade decision. For example, suppose you find that VanEck Solana has exhibited high autocorrelation historically, and you observe that the 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
VanEck 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 VanEck Solana etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck Solana etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck Solana etf over time.
Current vs Lagged Prices
Timeline
VanEck Solana Lagged Returns
When evaluating VanEck Solana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck Solana etf have on its future price. VanEck 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, VanEck Solana autocorrelation shows the relationship between VanEck Solana etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck Solana ETN.
Regressed Prices
Timeline
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