ALGER CAPITAL Sortino Ratio
| ALZFX Fund | | | USD 119.21 3.16 2.72% |
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 ALGER CAPITAL's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
With Sortino Ratio at 0.1812, ALGER CAPITAL shows its current reading on this measure. This reflects ALGER CAPITAL's positioning relative to its own recent range within Mutual Fund Funds.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.1812 | |
| ER[a] | = | Expected return on investing in ALGER CAPITAL |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
ALGER CAPITAL falls above the 0.04 peer average for Sortino Ratio. The Disciplined Growth leads at 0.1055 while Eaton Vance Risk registers the lowest at -0.0157. ALGER CAPITAL's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Sortino Ratio Relative To Other Indicators
The chart below plots Sortino Ratio against Maximum Drawdown for Alger Capital 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.
ALGER CAPITAL's Maximum Drawdown of
6.67 runs about
36.82 times its Sortino Ratio of
0.18 . This indicates Maximum Drawdown substantially exceeds Sortino Ratio for ALGER CAPITAL.
Methodology, Assumptions & Data Sources
ALGER CAPITAL has a current Sortino Ratio reading of 0.1812. Sortino Ratio for ALGER CAPITAL is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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