Occidental Petroleum Sortino Ratio

OXY Stock  USD 63.20  0.55  0.88%   
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Occidental Petroleum has current Sortino Ratio of 0.0114. 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 the 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]

DD

 = 
0.0114
ER[a] = Expected return on investing in Occidental Petroleum
ER[b] = Expected return on market index or selected benchmark
DD = Downside Deviation

Occidental Petroleum Sortino Ratio Peers Comparison

Occidental Sortino Ratio Relative To Other Indicators

Occidental Petroleum is rated below average in sortino ratio category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  568.42  of Maximum Drawdown per Sortino Ratio. The ratio of Maximum Drawdown to Sortino Ratio for Occidental Petroleum is roughly  568.42 
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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