Alkermes Plc Sortino Ratio
| ALKS Stock | | | USD 34.99 -0.41 -1.16% |
The Sortino Ratio measures risk-adjusted return using only downside deviation rather than total volatility. Unlike the Sharpe Ratio, which penalizes both upside and downside volatility equally, the Sortino Ratio penalizes only returns below a target threshold, making it a more targeted measure of harmful volatility. Below is Alkermes Plc's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
Alkermes Plc registers a Sortino Ratio of 0.0329, reflecting its current reading on this measure. This reflects Alkermes Plc's positioning relative to its own recent range within Biotechnology.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.0329 | |
| ER[a] | = | Expected return on investing in Alkermes Plc |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Alkermes Plc falls below the 0.21 peer average for Sortino Ratio. Arcellx leads at 0.7971 while PTC Therapeutics registers the lowest at 0.0124. Alkermes Plc'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 Alkermes Plc 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.
Comparing Sortino Ratio (
0.03 ) to Maximum Drawdown (
21.75 ) for Alkermes Plc yields a
661.02 multiple. This indicates Maximum Drawdown substantially exceeds Sortino Ratio for Alkermes Plc.
Methodology, Assumptions & Data Sources
The current Sortino Ratio for Alkermes Plc is 0.0329. The Sortino Ratio for Alkermes Plc applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Alkermes Plc operates in the health care sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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