AXT Sortino Ratio
| AXTI Stock | | | USD 76.16 0.89 1.18% |
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 AXT's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
The Sortino Ratio of 0.3112 for AXT indicates its current reading on this measure. This reflects AXT's positioning relative to its own recent range within Semiconductors & Semiconductor Equipment.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.3112 | |
| ER[a] | = | Expected return on investing in AXT |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Relative to peers, AXT's Sortino Ratio is above the group average of 0.06. Peer readings range from 0.0012 (Gorilla Technology Group) to 0.1289 (NVE Corporation), reflecting wide dispersion across the sector. AXT'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 AXT 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.
At
0.31 for Sortino Ratio and
45.19 for Maximum Drawdown, AXT's cross-indicator ratio sits almost
145.20 . This indicates Maximum Drawdown substantially exceeds Sortino Ratio for AXT.
Methodology, Assumptions & Data Sources
AXT's Sortino Ratio currently stands at 0.3112. The Sortino Ratio for AXT is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. AXT operates in the information technology sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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