Synnex Sortino Ratio
| SNX Stock | | | USD 234.72 6.88 3.02% |
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 Synnex's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
Synnex registers a Sortino Ratio of 0.2852, reflecting its current reading on this measure. This reflects Synnex's positioning relative to its own recent range within Stock.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.2852 | |
| ER[a] | = | Expected return on investing in Synnex |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Synnex falls above the 0.15 peer average for Sortino Ratio. Joint Stock leads at 0.1541 while Rigetti Computing registers the lowest at 0.1357. Synnex's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Sortino Ratio Relative To Other Indicators
The chart below plots Sortino Ratio against Maximum Drawdown for Synnex 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.
Synnex's Maximum Drawdown of
11.78 runs about
41.31 times its Sortino Ratio of
0.29 . This indicates Maximum Drawdown substantially exceeds Sortino Ratio for Synnex.
Methodology, Assumptions & Data Sources
Synnex's Sortino Ratio currently stands at 0.2852. The Sortino Ratio for Synnex is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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