Solana Performance

SOL
 Crypto
  

USD 40.07  0.49  1.21%   

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.
  
Solana Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Solana are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Solana may actually be approaching a critical reversion point that can send shares even higher in September 2022. ...more

Solana Price Channel

Solana Relative Risk vs. Return Landscape

If you would invest  4,458  in Solana on May 11, 2022 and sell it today you would lose (451.00)  from holding Solana or give up 10.12% of portfolio value over 90 days. Solana is generating 0.107% of daily returns assuming 7.4162% volatility of returns over the 90 days investment horizon. Simply put, 64% of all crypto coins have less volatile historical return distribution than Solana, and 98% 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 5.84 times more return on investment than the market. However, the company is 5.84 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 0.05 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 = 0.0144

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Estimated Market Risk
 7.42
  actual daily
 
 64 %
of total potential
 
6464
Expected Return
 0.11
  actual daily
 
 2 %
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22
Risk-Adjusted Return
 0.01
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 1 %
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11
Based on monthly moving average Solana is performing at about 1% 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 stock market performance in a much more refined way. At Macroaxis, we take it even further. 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. Solana saw in late 2020 its adoption start picking up steam. In October 2020 Circle expanded the USDC stablecoin into the Solana network. The move came shortly after Tethers USDT was added to it in September 2020.What is SolanaSolana is a high-performance blockchain founded by former Qualcomm, Intel, and Dropbox engineers that uses a delegated Proof-of-Stake consensus algorithm. The network uses a unique method of ordering transactions to significantly improve its speed and throughput.Blockchain networks have historically struggled with scalability issues, with the few that managed to solve them dealing with centralization issues. A decentralized network with small confirmation times and transaction fees has been hard to create, but the problem was tackled in 2017 with the creation of Solana

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. Our stock 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

Additionally, take a look at World Market Map. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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