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Tele2 AB (OSTO:TEL2 A) 3-Year Sortino Ratio : 0.32 (As of Jul. 23, 2025)


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What is Tele2 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), Tele2 AB's 3-Year Sortino Ratio is 0.32.


Competitive Comparison of Tele2 AB's 3-Year Sortino Ratio

For the Telecom Services subindustry, Tele2 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.


Tele2 AB's 3-Year Sortino Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tele2 AB's 3-Year Sortino Ratio distribution charts can be found below:

* The bar in red indicates where Tele2 AB's 3-Year Sortino Ratio falls into.


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Tele2 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.


Tele2 AB  (OSTO:TEL2 A) 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.


Tele2 AB 3-Year Sortino Ratio Related Terms

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Tele2 AB Business Description

Address
Torshamnsgatan 17, Kista, Stockholm, SWE, 164 40
Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. Tele2 is a well-managed firm, showing good cost discipline and a healthy dividend policy, which we expect will remain.

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