Codere Online Sortino Ratio
| CDROW Stock | | | USD 0.75 0.14 22.95% |
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 Codere Online's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
Codere Online has a Sortino Ratio of 0.0145, indicating its current reading on this measure. This reflects Codere Online's positioning relative to its own recent range within Stock.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.0145 | |
| ER[a] | = | Expected return on investing in Codere Online |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Among sector peers, Codere Online's Sortino Ratio of 0.0145 is below the 0.12 group average. The range runs from -5.0E-4 (Natuzzi SpA) to 0.3058 (Vince Holding Corp). Codere Online'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 Codere Online 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.
Codere Online produces
1,934 in Maximum Drawdown for each unit of Sortino Ratio, with respective readings of
28.04 and
0.01 . This indicates Maximum Drawdown substantially exceeds Sortino Ratio for Codere Online.
Methodology, Assumptions & Data Sources
The current Sortino Ratio for Codere Online is 0.0145. Codere Online'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. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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