VanEck Solana (Switzerland) Performance
| VSOL Etf | 10.41 0.60 5.45% |
The entity has a beta of 0.3, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Solana's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Solana is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Solana ETN are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, VanEck Solana showed solid returns over the last few months and may actually be approaching a breakup point. ...more
VanEck |
VanEck Solana Relative Risk vs. Return Landscape
If you would invest 605.00 in VanEck Solana ETN on September 5, 2024 and sell it today you would earn a total of 436.00 from holding VanEck Solana ETN or generate 72.07% return on investment over 90 days. VanEck Solana ETN is generating 0.9395% of daily returns and assumes 4.6048% volatility on return distribution over the 90 days horizon. Simply put, 41% 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. Expected Return |
| 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 = 0.204
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Estimated Market Risk
| 4.6 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.94 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average VanEck Solana is performing at about 16% 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 appears to be risky and price may revert if volatility continues |