Hertz Global Sortino Ratio
| HTZ Stock | | | USD 3.89 -0.23 -5.58% |
Reference data associated with the Sortino Ratio technical indicator for Hertz Global Holdings. Coverage may vary depending on data feeds and normalization methods.
Hertz Global Holdings 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 Hertz Global |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Hertz Global Sortino Ratio Peers Comparison
Hertz Sortino Ratio Relative To Other Indicators
Hertz Global Holdings is rated
below average in sortino ratio among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors .
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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