Rosecliff Acquisition Sortino Ratio

RCLFWDelisted Stock  USD 0.08  0.01  12.89%   
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Rosecliff Acquisition Corp has current Sortino Ratio of 0.1053. 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

 = 
0.1053
ER[a] = Expected return on investing in Rosecliff Acquisition
ER[b] = Expected return on market index or selected benchmark
DD = Downside Deviation

Rosecliff Acquisition Sortino Ratio Peers Comparison

Rosecliff Sortino Ratio Relative To Other Indicators

Rosecliff Acquisition Corp is rated second in sortino ratio category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  1,178  of Maximum Drawdown per Sortino Ratio. The ratio of Maximum Drawdown to Sortino Ratio for Rosecliff Acquisition Corp is roughly  1,178 
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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