GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Ferronordic AB (OSTO:FNMA PREF.PFD) » Definitions » 3-Year Sortino Ratio

Ferronordic AB (OSTO:FNMA PREF.PFD) 3-Year Sortino Ratio : 4.87 (As of Jul. 23, 2025)


View and export this data going back to 2013. Start your Free Trial

What is Ferronordic AB 3-Year Sortino Ratio?

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 (2025-07-23), Ferronordic AB's 3-Year Sortino Ratio is 4.87.


Competitive Comparison of Ferronordic AB's 3-Year Sortino Ratio

For the Industrial Distribution subindustry, Ferronordic AB'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.


Ferronordic AB's 3-Year Sortino Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferronordic AB's 3-Year Sortino Ratio distribution charts can be found below:

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


;
;

Ferronordic AB 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.


Ferronordic AB  (OSTO:FNMA PREF.PFD) 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.


Ferronordic AB 3-Year Sortino Ratio Related Terms

Thank you for viewing the detailed overview of Ferronordic AB's 3-Year Sortino Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ferronordic AB Business Description

Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, SE114 34
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the US segment.

Ferronordic AB Headlines

No Headlines