Apple Sortino Ratio

Apple Inc -- USA Stock  

USD 171.07  4.49  2.55%

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Apple Inc has current Sortino Ratio of 0.1528. 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 
 = 
0.1528
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 Inc is rated fourth in sortino ratio category among related companies. It is rated fifth in maximum drawdown category among related companies reporting about  40.33  of Maximum Drawdown per Sortino Ratio. The ratio of Maximum Drawdown to Sortino Ratio for Apple Inc is roughly  40.33 
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
Compare Apple to competition
Apple Inc. designs, manufactures, and markets mobile communication and media devices, and personal computers to consumers, and small and mid-sized businesses and education, enterprise, and government customers worldwide. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California. Apple operates under Electronic Equipment classification in USA and traded on NASDAQ exchange. It employs 100000 people. more
NameApple Inc
CEO, DirectorTim CookAll Leadership
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNASDAQ
CIK Number00320193.0
ISINUS0378331005
CUSIP037833100
CurrencyUSD - US Dollar