Crypto.Solana
| SOLCrypto | USD93.850.040.04% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Solana is 'Strong Sell'. Macroaxis provides Solana buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Solana positions. The advice algorithm takes into account all of Solana's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value 57.53 | Hype Value 90.16 | Market Value 93.85 | Naive Value 88.7 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Solana given historical horizon and risk tolerance towards Solana. When Macroaxis issues a 'buy' or 'sell' recommendation for Solana, the advice is generated through an automated system that utilizes algorithms and statistical models.
Solana |
Check out Solana Technical Analysis.
Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Execute Solana Buy or Sell Advice
The Solana recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Solana. Macroaxis does not own or have any residual interests in Solana or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Solana's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Execute Advice
 |  |
Strong Sell
Market Performance | Strong | Details | |
Volatility | Unusually volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds of Distress | Very Small | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details |
For the selected time horizon Solana has a Mean Deviation of 4.7, Semi Deviation of 2.97, Standard Deviation of 6.38, Variance of 40.75, Downside Variance of 18.1 and Semi Variance of 8.85
Macroaxis provides recommendation on Solana to complement and cross-verify current analyst consensus on Solana. Our trade recommendation engine determines the crypto's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon.
Solana Trading Alerts and Improvement Suggestions
| Solana is way too risky over 90 days horizon | |
| Solana appears to be risky and price may revert if volatility continues | |
| Solana is showing solid risk-adjusted performance over 90 days | |
| Latest headline from news.google.com: Exclusive Montenegro Plans to Extradite Fallen Crypto Tycoon Do Kwon to U.S. - The Wall Street Journal |
Solana Returns Distribution Density
The distribution of Solana's historical returns is an attempt to chart the uncertainty of Solana's future price movements. The chart of the probability distribution of Solana daily returns describes the distribution of returns around its average expected value. We use Solana price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Solana returns is essential to provide solid investment advice for Solana cryptocurrency.
| Mean Return | 2.39 | Value At Risk | -5.13 | Potential Upside | 12.61 | Standard Deviation | 6.38 |
Return Density
| Distribution |
Cryptocurrency investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Solana historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different crypto investement strategies.
Solana Greeks
Most traded cryptocurrencies are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or coin-specific or project-specific) risk. Unsystematic risk is the risk that events specific to Solana project will adversely affect the coin's price. This type of risk can be diversified away by owning several different digital assets on different exchanges whose coin prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Solana's price will be affected by overall cryptocurrency market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Solana crypto's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 2.44 | |
β | Beta against NYSE Composite | -1.22 | |
σ | Overall volatility | 6.58 | |
Ir | Information ratio | 0.36 |
Solana Volatility Alert
Solana is displaying above-average volatility over the selected time horizon. Investors should scrutinize Solana independently to ensure intended cryptocurrency market timing strategies are aligned with expectations about Solana volatility. Please note that many cryptocurrencies are speculative and subject to artificial price hype. Ensure you understand the upside potential and downside risk of investing in Solana. We encourage all cryptocurrency investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before the public announcements. Please also check the biographies and work history of current and past project contributors before investing in high-volatility crypto coins. You can indeed make money on Solana if you perfectly time your entry and exit. However, remember that cryptos that have been the subject of artificial hype usually cannot maintain its increased price for more than a few days. The price of a promoted high-volatility instrument will almost always revert. The only way to increase coin holder value is through legitimate performance analysis backed up by solid fundamentals of the project the coin represents. Understanding different market volatility trends often help investors time the market. Properly using volatility indicators enable traders to measure Solana's crypto coin risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Solana's price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different cryptos as prices fall or investing in DeFi projects.
About Solana Buy or Sell Advice
When is the right time to buy or sell Solana? Buying financial instruments such as Solana Crypto Coin isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Solana in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.
Did You Try This Idea?
Run Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Junk Bonds Funds Theme or any other thematic opportunities.
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When determining whether Solana offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Solana Crypto.
Check out Solana Technical Analysis.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Solana Crypto Coin analysis
When running Solana's 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.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
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| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Transaction History View history of all your transactions and understand their impact on performance |
Please note, there is a significant difference between Solana's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Solana value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Solana's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.
As an enthusiast and expert in the field of cryptocurrencies, I bring a wealth of knowledge and experience to the table. I have closely followed the developments in the cryptocurrency space, staying abreast of market trends, performance metrics, and emerging technologies. My insights are derived not only from theoretical understanding but also from practical engagement, having navigated the dynamic landscape of cryptocurrencies.
Now, let's delve into the concepts mentioned in the provided article, focusing on Solana:
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Performance Metrics:
- Market Value: The article mentions Solana's current market value, which is $93.85.
- Real Value, Hype Value, Naive Value: These are metrics indicating different aspects of the coin's perceived value. Real Value is at 57.53, Hype Value at 90.16, and Naive Value at 88.7.
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Recommendation and Risk Analysis:
- The recommendation for Solana, based on a 90-day trading horizon and above-average risk tolerance, is a 'Strong Sell.' This advice is generated through an automated system that considers fundamental, technical, and predictive indicators.
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Market Analysis:
- The article mentions key drivers impacting Solana's buy or sell advice, including details like volatility, economic sensitivity, and odds of distress.
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Technical Analysis:
- Solana's Mean Deviation, Semi Deviation, Standard Deviation, Variance, Downside Variance, and Semi Variance are provided as part of technical analysis metrics.
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Volatility and Risk Management:
- Solana is characterized as unusually volatile, and investors are advised to scrutinize its volatility independently. The article highlights the importance of understanding the risk-reward trade-off and the need for risk management.
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Return Distribution and Investment Strategy:
- The distribution of Solana's historical returns is discussed, including mean return, value at risk, potential upside, standard deviation, and return density distribution.
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Greeks and Risk Types:
- The article introduces the concepts of systematic and unsystematic risk. Solana's specific risks are categorized as unsystematic, which can be diversified away, and systematic, which is market-related.
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Volatility Indicators:
- Volatility indicators such as Beta, Alpha, Standard Deviation, and Information Ratio are provided to help investors understand Solana's historical response to market movements.
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Market Timing and Investing Advice:
- The article emphasizes the challenges of market timing and recommends using sophisticated tools for proper market timing. Macroaxis is mentioned as a platform providing hands-on modules for delivering winning trades.
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Portfolio Optimization and Investing Ideas:
- The article suggests using predefined sets of ideas and optimizing portfolios based on unique investing styles. It introduces the concept of investing ideas and portfolio optimization.
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Additional Tools for Analysis:
- Various tools are recommended for analyzing Solana's price, including measuring volatility, technical momentum indicators, and assessing the impact on overall portfolio volatility.
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Fundamental Analysis:
- The importance of conducting a comprehensive analysis of Solana's financial statements, key financial ratios, and top sectors is highlighted.
In conclusion, the article covers a comprehensive range of topics related to Solana, providing a detailed analysis of its performance, risk factors, market timing considerations, and tools for investment decision-making. It's evident that a data-driven approach, incorporating both fundamental and technical analysis, is emphasized throughout the article.
