Vivani Medical Sortino Ratio
| VANI Stock | | | USD 1.20 0.01 0.84% |
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 Vivani Medical's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
Vivani Medical's Sortino Ratio of 0.0153 reflects its current reading on this measure. This reflects Vivani Medical's positioning relative to its own recent range within Biotechnology.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.0153 | |
| ER[a] | = | Expected return on investing in Vivani Medical |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
The peer group averages 0.15 for Sortino Ratio, with Vivani Medical at 0.0153 falling below that level. Readings span 0.0741 (Avita Medical) to 0.2429 (Hyperfine). Vivani Medical'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 Vivani Medical 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.
At
0.02 for Sortino Ratio and
23.52 for Maximum Drawdown, Vivani Medical's cross-indicator ratio sits almost
1,537 . This indicates Maximum Drawdown substantially exceeds Sortino Ratio for Vivani Medical.
Methodology, Assumptions & Data Sources
Vivani Medical's Sortino Ratio currently stands at 0.0153. The Sortino Ratio for Vivani Medical applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Vivani Medical operates in the health care sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
Other Technical Indicators