Gigabyte Technology Sortino Ratio
Current Sortino Ratio Value
With Sortino Ratio at 0.1048, Gigabyte Technology shows its current reading on this measure. This reflects Gigabyte Technology's positioning relative to its own recent range within Stock.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.1048 | |
| ER[a] | = | Expected return on investing in Gigabyte Technology |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Gigabyte Technology falls below the 0.16 peer average for Sortino Ratio. Zhen Ding Technology leads at 0.3642 while Phison Electronics registers the lowest at 0.0329. Gigabyte Technology's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Sortino Ratio Relative To Other Indicators
The chart below plots Sortino Ratio against Maximum Drawdown for Gigabyte Technology and its peers. Each point represents one equity — position along the horizontal axis shows Sortino Ratio while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Gigabyte Technology produces
127.83 in Maximum Drawdown for each unit of Sortino Ratio, with respective readings of
13.40 and
0.10 . This indicates Maximum Drawdown substantially exceeds Sortino Ratio for Gigabyte Technology.
Methodology, Assumptions & Data Sources
Gigabyte Technology's Sortino Ratio currently stands at 0.1048. Gigabyte Technology's Sortino Ratio is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators