Solana Market Value

SOL
 Crypto
  

USD 40.07  0.49  1.21%   

Solana's market value is the price at which a share of Solana stock trades on a public exchange. It measures the collective expectations of Solana investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Solana and determine expected loss or profit from investing in Solana over a given investment horizon. Additionally, take a look at Bitcoin Browser, Solana Correlation, Portfolio Optimization, Solana Volatility, as well as analyze Investing Opportunities and Solana Performance.
Symbol


Please note, there is a significant difference between Solana's value and its price as these two are different measures arrived at by different means. Investors typically determine Solana value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solana's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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 Solana's crypto coin 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 Solana.
0.00
06/10/2022
No Change 0.00  0.0 
In 2 months and 2 days
08/09/2022
0.00
If you would invest  0.00  in Solana on June 10, 2022 and sell it all today you would earn a total of 0.00 from holding Solana or generate 0.0% return on investment in Solana over 60 days. Solana is related to or competes with XRP, Avalanche, Polkadot, FTX Token, Polygon, Uniswap Protocol, and Chainlink. Solana is peer-to-peer digital currency powered by the Blockchain technologyMore

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 Solana's crypto coin 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 Solana upside and downside potential and time the market with a certain degree of confidence.

Solana Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Solana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solana's standard deviation. In reality, there are many statistical measures that can use Solana historical prices to predict the future Solana's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Solana's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Solana in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
32.7840.2047.62
Details
Intrinsic
Valuation
LowReal ValueHigh
27.6135.0342.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Solana. Your research has to be compared to or analyzed against Solana's peers to derive any actionable benefits. When done correctly, Solana's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Solana.

Solana Backtested Returns

We consider Solana unreasonably risky. Solana owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0144, which indicates digital coin had 0.0144% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a crypto is to use all available market data together with crypto-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Solana, which you can use to evaluate the future volatility of coin. Please validate Solana coefficient of variation of (1,216), and Risk Adjusted Performance of (0.1) to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
The entity has a beta of 0.8076, 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. Although it is important to respect Solana current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any crypto is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Solana technical indicators, you can presently evaluate if the expected return of 0.11% will be sustainable into the future.

Auto-correlation

    
  -0.01  

Very weak reverse predictability

Solana has very weak reverse predictability. Overlapping area represents the amount of predictability between Solana time series from 10th of June 2022 to 10th of July 2022 and 10th of July 2022 to 9th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Solana price movement. The serial correlation of -0.01 indicates that just 1.0% of current Solana price fluctuation can be explain by its past prices.
Correlation Coefficient-0.01
Spearman Rank Test0.34
Residual Average0.0
Price Variance8.42

Solana lagged returns against current returns

Autocorrelation, which is Solana crypto coin'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 Solana's crypto coin expected returns. We can calculate the autocorrelation of Solana returns to help us make a trade decision. For example, suppose you find that Solana crypto coin has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

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 Solana crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solana crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Solana crypto coin over time.
   Current vs Lagged Prices   
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       Timeline  

Solana Lagged Returns

When evaluating Solana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solana crypto coin have on its future price. 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, Solana autocorrelation shows the relationship between Solana crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Solana.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Solana without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Bitcoin Browser, Solana Correlation, Portfolio Optimization, Solana Volatility, as well as analyze Investing Opportunities and Solana Performance. Note that the Solana information on this page should be used as a complementary analysis to other Solana's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Other Tools for Solana Crypto Coin

When running Solana price analysis, check to measure Solana's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital 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 action to predict the probability of Solana's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Solana's price. Additionally, you may evaluate how the addition of Solana to your portfolios can decrease your overall portfolio volatility.
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