Bass Oil (ASX:BAS) 3-Year Sortino Ratio: -0.37 (As of Aug. 08, 2026)

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What is Bass Oil 3-Year Sortino Ratio?

Bass Oil ASX:BAS 3-Year Sortino Ratio is -0.37 as of Aug. 08, 2026. The stock has 2 warning signs investors should review.

The 3-Year Sortino Ratio measures the additional return that an investor receives per unit of the downside risk over the past three years. As of today (2026-08-08), Bass Oil's 3-Year Sortino Ratio is -0.37.

Bass Oil  (ASX:BAS) 3-Year Sortino Ratio Explanation

The 3-Year Sortino Ratio inidicates the risk-adjusted return of an investment over the past three year. It is calculated as the annualized result of the average three-year monthly excess returns divided by the standard deviation of negative returns in the three-year period. The monthly excess return is the monthly investment return minus the monthly risk-free rate (typically the 10-year Treasury Constant Maturity Rate). If the risk-free rate for a specific region is not available, U.S. data is used by default.

Differnt from the Sharpe Ratio that penalizes both upside and downside volatility equally, the Sortino Ratio penalizes only those returns falling below a user-specified target or required rate of return. The expected returns here is set to the risk-free rate as well.

Bass Oil 3-Year Sortino Ratio Related Terms

ASX:BAS vs COP, EOG, FANG: 3-Year Sortino Ratio Comparison

For the Oil & Gas E&P subindustry, Bass Oil's 3-Year Sortino Ratio, along with its competitors' market caps and 3-Year Sortino Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bass Oil 3-Year Sortino Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bass Oil's 3-Year Sortino Ratio distribution charts can be found below:

* The bar in red indicates where Bass Oil's 3-Year Sortino Ratio falls into.


Bass Oil 3-Year Sortino Ratio Calculation

The 3-Year Sortino Ratio measures the risk-adjusted return of an investment asset or portfolio in the last three year, focusing specifically on downside risk rather than total risk. A stock / portfolio's 3-Year Sortino Ratio can be calculated by dividing the difference between the three-year average monthly returns of the investment and the risk-free rate, by the standard deviation of the downside risks over the past three year.

A downside risk is a potential loss from the asset or investment. The Downside risk here is measured by the downside deviation, which is the standard deviation of negative returns.

Frequently Asked Questions Learn more about 3-Year Sortino Ratio →
What does a 3-Year Sortino Ratio of -0.37 mean?
Bass Oil (ASX:BAS) has a 3-Year Sortino Ratio of -0.37 as of Aug. 08, 2026. 3-Year Sortino Ratio measures the additional return that an investor receives per unit of the downside risk over the past three years. View historical data for Bass Oil and its competitors.
Is Bass Oil's 3-Year Sortino Ratio too high?
Bass Oil's current 3-Year Sortino Ratio is -0.37.
How does Bass Oil's 3-Year Sortino Ratio compare to COP and EOG?
Bass Oil's 3-Year Sortino Ratio of -0.37 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Sortino Ratio for an Oil & Gas company?
A good 3-Year Sortino Ratio depends on the Oil & Gas industry context. However, 3-Year Sortino Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Sortino Ratio mean?
A high 3-Year Sortino Ratio can signal that a stock is expensive relative to its fundamentals. 3-Year Sortino Ratio measures the additional return that an investor receives per unit of the downside risk over the past three years. View historical data for Bass Oil and its competitors. Bass Oil's current 3-Year Sortino Ratio is -0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bass Oil stock overvalued right now?
Based on GuruFocus' analysis, Bass Oil (ASX:BAS) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.05 — trading 20% above its estimated fair value. The current 3-Year Sortino Ratio is -0.37. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Sortino Ratio calculated?
3-Year Sortino Ratio is calculated from a company's financial statements. For Bass Oil (ASX:BAS), the current 3-Year Sortino Ratio is -0.37 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bass Oil Business Description

Industry EnergyOil & Gas
Address 11-19 Bank Place, Level 5, Melbourne, VIC, AUS, 3000
Bass Oil Ltd is engaged in oil production from owned oil-producing assets in the Cooper Basin, South Australia, and in the Tangai-Sukananti licence in the prolific South Sumatra Basin, Indonesia. It has two geographic segments, Australia and Indonesia, for the exploration, development, and production of oil and gas. The company generates the majority of its revenue from the Australia segment.