Soleno Therapeutics Sortino Ratio

SLNO Stock  USD 58.34  1.12  1.96%   
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Soleno Therapeutics has current Sortino Ratio of 0.1106. 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

 = 
0.1106
ER[a] = Expected return on investing in Soleno Therapeutics
ER[b] = Expected return on market index or selected benchmark
DD = Downside Deviation

Soleno Therapeutics Sortino Ratio Peers Comparison

Soleno Sortino Ratio Relative To Other Indicators

Soleno Therapeutics is rated second in sortino ratio category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  120.51  of Maximum Drawdown per Sortino Ratio. The ratio of Maximum Drawdown to Sortino Ratio for Soleno Therapeutics is roughly  120.51 
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
Compare Soleno Therapeutics to Peers

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