21Shares Ethereum Sortino Ratio

AETH-USD  USD 40.47  0.52  1.30%   
21Shares Ethereum sortino-ratio technical analysis lookup allows you to check this and other technical indicators for 21Shares Ethereum Staking 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
  
21Shares Ethereum Staking has current Sortino Ratio of 0.1712. 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

 = 
0.1712
ER[a] = Expected return on investing in 21Shares Ethereum
ER[b] = Expected return on market index or selected benchmark
DD = Downside Deviation

21Shares Ethereum Sortino Ratio Peers Comparison

21Shares Sortino Ratio Relative To Other Indicators

21Shares Ethereum Staking is the top ETF in sortino ratio as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  106.83  of Maximum Drawdown per Sortino Ratio. The ratio of Maximum Drawdown to Sortino Ratio for 21Shares Ethereum Staking is roughly  106.83 
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 21Shares Ethereum to Peers

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