Silver Spike Sortino Ratio
The Sortino Ratio indicator for Silver Spike is constructed from normalized market data. All inputs reflect available trading data across supported markets. Some instruments may report limited inputs depending on trading history. Related indicator context is organized within
Equity Screeners.
Silver Spike has a market cap of 367.28 M. Review
World Market Map for broader portfolio context. The portfolio view reflects current allocation structure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Silver Spike Acquisition 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 Silver Spike |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Sortino Ratio Relative To Other Indicators
Silver Spike Acquisition 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