Solana Performance

SOL
 Crypto
  

USD 34.11  0.10  0.29%   

The entity has a beta of 0.397, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Solana's beta means in this case. As returns on the market increase, Solana returns are expected to increase less than the market. However, during the bear market, the loss on holding Solana will be expected to be smaller as well. Even though it is essential to pay attention to Solana current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any crypto's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Solana exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
Solana Performance
0 of 100
Over the last 90 days Solana has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Solana is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more

Solana Price Channel

Solana Relative Risk vs. Return Landscape

If you would invest  3,805  in Solana on July 8, 2022 and sell it today you would lose (404.00)  from holding Solana or give up 10.62% of portfolio value over 90 days. Solana is producing return of less than zero assuming 5.0999% volatility of returns over the 90 days investment horizon. Simply put, 44% of all crypto coins have less volatile historical return distribution than Solana, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days trading horizon Solana is expected to generate 4.08 times more return on investment than the market. However, the company is 4.08 times more volatile than its market benchmark. It trades about -0.01 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.

Solana Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Solana's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Solana, and traders can use it to determine the average amount a 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 = -0.009

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsSOL
Estimated Market Risk
 5.1
  actual daily
 
 44 %
of total potential
 
4444
Expected Return
 -0.05
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.01
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Solana is performing at about 0% 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 Solana by adding it to a well-diversified portfolio.

About Solana Performance

To evaluate Solana Crypto Coin as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Solana generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Solana Crypto Coin's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Solana market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Solana's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Solana is peer-to-peer digital currency powered by the Blockchain technology.

Things to note about Solana

Checking the ongoing alerts about Solana for important developments is a great way to find new opportunities for your next move. Crypto Coin alerts and notifications screener for Solana help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Solana Alerts

Equity Alerts and Improvement Suggestions

Solana generated a negative expected return over the last 90 days
Solana has high historical volatility and very poor performance
Latest headline from Macroaxis: Technical Overview of Solana
Additionally, take a look at World Market Map. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Other Tools for Solana Crypto Coin

When running Solana price analysis, check to measure Solana's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Solana is operating at the current time. Most of Solana's value examination focuses on studying past and present price actions to predict the probability of Solana's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Solana's coin price. Additionally, you may evaluate how adding Solana to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go