Solana (SOL) Sharpe ratio until October 28, 2021

Solana's Sharpe ratio in December 2021 was higher than that of the S&P500, reaching a value that was considered to be significant. This particular ratio gives investors an idea on how their investments perform on the long run, and is calculated by substracting risk-free rate from the expected return of a particular asset. The higher the Sharpe ratio, the more the extra risk is actually paying off - as returns are above-average. In the case of Cardano, the ratio was mostly above values of three which are considered to be "excellent". A value of zero means the asset in consideration is risk-free, which may be both good - as you are not losing out on money - or bad - as the extra risk taken may not be worth the effort.