PRUDENTIAL HEALTH Sortino Ratio
| PHLAX Fund | | | USD 33.79 -0.44 -1.29% |
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 PRUDENTIAL HEALTH's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
PRUDENTIAL HEALTH registers a Sortino Ratio of 0, reflecting its current reading on this measure. This reflects PRUDENTIAL HEALTH's positioning relative to its own recent range within PGIM Funds.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0 | |
| ER[a] | = | Expected return on investing in PRUDENTIAL HEALTH |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Sortino Ratio Relative To Other Indicators
The chart below plots Sortino Ratio against Maximum Drawdown for Prudential Health 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.
Compare PRUDENTIAL HEALTH to PeersMethodology, Assumptions & Data Sources
PRUDENTIAL HEALTH has a current Sortino Ratio reading of 0. This Sortino Ratio reading for PRUDENTIAL HEALTH results from applying the indicator's calculation rules to price and volume data over the selected window. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. PRUDENTIAL HEALTH operates in the health sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. 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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