Uber Technologies Sortino Ratio

UBER Stock  USD 75.70  0.37  0.49%   
Uber Technologies sortino-ratio technical analysis lookup allows you to check this and other technical indicators for Uber Technologies or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Uber Technologies has current Sortino Ratio of 0.1072. 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

 = 
0.1072
ER[a] = Expected return on investing in Uber Technologies
ER[b] = Expected return on market index or selected benchmark
DD = Downside Deviation

Uber Technologies Sortino Ratio Peers Comparison

Uber Sortino Ratio Relative To Other Indicators

Uber Technologies is rated second in sortino ratio category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  171.53  of Maximum Drawdown per Sortino Ratio. The ratio of Maximum Drawdown to Sortino Ratio for Uber Technologies is roughly  171.53 
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 Uber Technologies to Peers

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