TriMas Sortino Ratio

MQ1 Stock  EUR 24.20  0.60  2.54%   
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TriMas has current Sortino Ratio of 0.0122. The Sortino ratio measures the risk-adjusted return of an investment asset, portfolio or strategy. It is a special subset of the Sharpe ratio but penalizes only those returns falling below a user-specified target, or the required rate of return, while the Sharpe ratio penalizes both upside and downside volatility equally. Though both ratios measure an investment risk-adjusted returns, they do so in significantly different ways that will frequently lead to differing conclusions as the true nature of the investment return-generating efficiency.

Sortino Ratio

 = 

ER[a] - ER[b]

DD

 = 
0.0122
ER[a] = Expected return on investing in TriMas
ER[b] = Expected return on market index or selected benchmark
DD = Downside Deviation

TriMas Sortino Ratio Peers Comparison

TriMas Sortino Ratio Relative To Other Indicators

TriMas is regarded fourth in sortino ratio category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  1,237  of Maximum Drawdown per Sortino Ratio. The ratio of Maximum Drawdown to Sortino Ratio for TriMas is roughly  1,237 
The Sortino ratio is named after Frank A. Sortino and can be interpreted as the actual rate of return in excess of the investor target rate of return per unit of downside risk
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