World Wireless Sortino Ratio
| WWRL Stock | | | USD 0.01 -0.0002 -2.11% |
The Sortino Ratio reading for World Wireless Communications is computed from historical trading observations. Values reflect historical observations within the available dataset. World Wireless has a market cap of 58.23 K, operating margin of -6.16%. Allocation context is available in
Your Current Watchlist. Portfolio composition is shown for contextual purposes. The summary draws on available position and value data. All figures are based on reported data and are informational in nature. A position in World Wireless Communications is indicated here. This is part of the broader portfolio composition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
World Wireless Communications has current Sortino Ratio of 0.2055. 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 |
| = | 0.2055 | |
| ER[a] | = | Expected return on investing in World Wireless |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Sortino Ratio Relative To Other Indicators
World Wireless Communications carries a
second ranking for sortino ratio within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
1,833 per Sortino Ratio. World Wireless Communications's Maximum Drawdown registers at
1,833 relative to Sortino Ratio
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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