Presto Automation Sortino Ratio vs. Semi Variance

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Presto Automation has current Sortino Ratio of 0.0631. 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

 = 
0.0631
ER[a] = Expected return on investing in Presto Automation
ER[b] = Expected return on market index or selected benchmark
DD = Downside Deviation

Presto Automation Sortino Ratio Peers Comparison

Presto Sortino Ratio Relative To Other Indicators

Presto Automation is regarded fourth in sortino ratio category among its peers. It is currently under evaluation in semi variance category among its peers fabricating about  9,331  of Semi Variance per Sortino Ratio. The ratio of Semi Variance to Sortino Ratio for Presto Automation is roughly  9,331 
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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