Northwest Bancshares Sortino Ratio

NWBI
 Stock
  

USD 13.90  0.14  1.00%   

Northwest Bancshares sortino-ratio technical analysis lookup allows you to check this and other technical indicators for Northwest Bancshares or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Northwest Bancshares has current Sortino Ratio of 0.1561. 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 
 = 
0.1561
ER[a] = Expected return on investing in Northwest Bancshares
ER[b] = Expected return on market index or selected benchmark
DD = Downside Deviation

Northwest Sortino Ratio Relative To Other Indicators

Northwest Bancshares is considered to be number one stock in sortino ratio category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  40.27  of Maximum Drawdown per Sortino Ratio. The ratio of Maximum Drawdown to Sortino Ratio for Northwest Bancshares is roughly  40.27 
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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