ChipMOS Technologies Sortino Ratio
| IMOS Stock | | | USD 54.59 -0.21 -0.38% |
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 ChipMOS Technologies's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
ChipMOS Technologies's Sortino Ratio of 0.1978 reflects its current reading on this measure. This reflects ChipMOS Technologies's positioning relative to its own recent range within Stock.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.1978 | |
| ER[a] | = | Expected return on investing in ChipMOS Technologies |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
The peer group averages 0.23 for Sortino Ratio, with ChipMOS Technologies at 0.1978 falling below that level. Readings span 0.0431 (Gilat Satellite Networks) to 0.3955 (Alpha and Omega). ChipMOS Technologies'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 ChipMOS Technologies 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 (
0.20 ) to Maximum Drawdown (
25.56 ) for ChipMOS Technologies yields a
129.23 multiple. This indicates Maximum Drawdown substantially exceeds Sortino Ratio for ChipMOS Technologies.
Methodology, Assumptions & Data Sources
ChipMOS Technologies has a current Sortino Ratio reading of 0.1978. The Sortino Ratio for ChipMOS Technologies 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. 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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