Apple Sortino Ratio

    AAPL -- USA Stock  

    USD 190.80  0.53  0.28%

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    Apple has current Sortino Ratio of 0.0. The Sortino ratio measures the risk-adjusted return of an investment asset, portfolio or strategy. It is a special subset of the Sharpe ratio but penalizes only those returns falling below a user-specified target, or required rate of return, while the Sharpe ratio penalizes both upside and downside volatility equally. Though both ratios measure an investment risk-adjusted returns, they do so in significantly different ways that will frequently lead to differing conclusions as the true nature of the investment return-generating efficiency.
    Apple 
    Sortino Ratio 
     = 
    ER[a] - ER[b] 
    DD 
     = 
    0.0
    ER[a] =   Expected return on investing in Apple
    ER[b] =   Expected return on market index or selected benchmark
    DD =   Downside Deviation

    Sortino Ratio Comparison

    Apple is rated below average in sortino ratio category among related companies. It is currently under evaluation in maximum drawdown category among related companies .
    The Sortino ratio is named after Frank A. Sortino and can be interpreted as the actual rate of return in excess of the investor target rate of return per unit of downside risk

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