Patriot Battery Sortino Ratio
| PMETF OTC | | | USD 4.48 -0.04 -0.88% |
Current and historical Sortino Ratio readings for Patriot Battery Metals are documented here alongside peer-relative positioning. Readings recalculate as new trading sessions complete, incorporating the latest market data.
Patriot Battery Volatility and
Patriot Battery Price History provide added context for Patriot Battery.
Current Sortino Ratio Value
The Sortino Ratio of 0.0072 for Patriot Battery indicates its current reading on this measure. This reflects Patriot Battery's positioning relative to its own recent range within OTC Stock.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.0072 | |
| ER[a] | = | Expected return on investing in Patriot Battery |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Relative to peers, Patriot Battery's Sortino Ratio is below the group average of 0.11. Peer readings range from 0.0396 (Fireweed Zinc) to 0.1995 (Sayona Mining Limited), reflecting wide dispersion across the sector. Patriot Battery'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 Patriot Battery 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.
Patriot Battery records a Sortino Ratio of
0.01 and a Maximum Drawdown of
16.62 , yielding roughly
2,308 units of Maximum Drawdown per Sortino Ratio. This indicates Maximum Drawdown substantially exceeds Sortino Ratio for Patriot Battery.
Methodology, Assumptions & Data Sources
Patriot Battery's Sortino Ratio currently stands at 0.0072. The Sortino Ratio for Patriot Battery applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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