Home Depot Sortino Ratio

The Home Depot Inc has current Sortino Ratio of 0.217. 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 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.
Home Depot 
Sortino Ratio 
 = 
ER[a] - ER[b] 
DD 
 = 
0.217
ER[a] =   Expected return on investing in Home Depot
ER[b] =   Expected return on market index or selected benchmark
DD =   Downside Deviation

Sortino Ratio Comparison

The Home Depot Inc is rated # 2 in sortino ratio category among related companies. It is rated below average in maximum drawdown category among related companies reporting about  11.17  of Maximum Drawdown per Sortino Ratio. The ratio of Maximum Drawdown to Sortino Ratio for The Home Depot Inc is roughly  11.17 
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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The Home Depot, Inc. operates as a home improvement retailer. more
NameThe Home Depot Inc
InstrumentUSA Stock
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00354950.0
ISINUS4370761029
CUSIP437076102
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
CurrencyUSD - US Dollar