Salesforce Sortino Ratio

salesforce inc has current Sortino Ratio of 0.0363. 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.
Sortino Ratio 
ER[a] - ER[b] 
ER[a] =   Expected return on investing in Salesforce
ER[b] =   Expected return on market index or selected benchmark
DD =   Downside Deviation

Sortino Ratio Comparison

salesforce inc is rated below average in sortino ratio category among related companies. It is rated second in maximum drawdown category among related companies reporting about  261.09  of Maximum Drawdown per Sortino Ratio. The ratio of Maximum Drawdown to Sortino Ratio for salesforce inc is roughly  261.09 
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 Salesforce to competition inc. offer enterprise cloud computing solutions with a focus on customer relationship management to various businesses and industries worldwide. more
Namesalesforce inc
InstrumentUSA Stock
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number0001108524
Analyst Consensus
Piotroski F Score
Macroaxis Advice
CurrencyUSD - US Dollar