Iofina Plc Sortino Ratio

IOFNF Stock  USD 0.29  0.00  0.00%   
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Iofina plc has current Sortino Ratio of 0. 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
ER[a] = Expected return on investing in Iofina Plc
ER[b] = Expected return on market index or selected benchmark
DD = Downside Deviation

Iofina Plc Sortino Ratio Peers Comparison

Iofina Sortino Ratio Relative To Other Indicators

Iofina plc is rated below average in sortino ratio category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
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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