Rivernorth Opportunities Sortino Ratio
| RIV Fund | | | USD 11.75 0.03 0.26% |
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 Rivernorth Opportunities's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
With Sortino Ratio at 0.0329, Rivernorth Opportunities shows its current reading on this measure. This reflects Rivernorth Opportunities's positioning relative to its own recent range within Fund Funds.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.0329 | |
| ER[a] | = | Expected return on investing in Rivernorth Opportunities |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Rivernorth Opportunities's Sortino Ratio of 0.0329 falls below the 0.08 peer average. Values range from 0.0108 (Allianzgi Diversified Income) to 0.1153 (Cohen Steers Real), with wide dispersion across the group. Rivernorth Opportunities'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 Rivernorth Opportunities 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.
Rivernorth Opportunities produces
91.14 in Maximum Drawdown for each unit of Sortino Ratio, with respective readings of
3.00 and
0.03 . This indicates Maximum Drawdown substantially exceeds Sortino Ratio for Rivernorth Opportunities.
Methodology, Assumptions & Data Sources
The current Sortino Ratio for Rivernorth Opportunities is 0.0329. The Sortino Ratio for Rivernorth Opportunities applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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