Bird Construction Sortino Ratio
| BDT Stock | | | CAD 55.90 0.80 1.45% |
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 Bird Construction's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
A Sortino Ratio of 0.401 for Bird Construction signals its current reading on this measure. This reflects Bird Construction's positioning relative to its own recent range within Construction & Engineering.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.401 | |
| ER[a] | = | Expected return on investing in Bird Construction |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
The peer group averages 0.26 for Sortino Ratio, with Bird Construction at 0.401 falling above that level. Readings span 0.1354 (Badger Infrastructure Solutions) to 0.4984 (Ballard Power Systems). Bird Construction'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 Bird Construction 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.
Bird Construction shows nearly
28.65 of Maximum Drawdown per unit of Sortino Ratio (
0.40 versus
11.49 ). This indicates Maximum Drawdown substantially exceeds Sortino Ratio for Bird Construction.
Methodology, Assumptions & Data Sources
Bird Construction has a current Sortino Ratio reading of 0.401. The Sortino Ratio for Bird Construction is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Bird Construction operates in the industrials 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.
Other Technical Indicators