What Is the Sortino Ratio? Why Can Focusing Only on Volatility Lead to Misjudging a Trading Strategy?

In cryptocurrency trading, two strategies with similar returns can offer very different risk experiences. One strategy may frequently suffer large drawdowns, while another may mostly experience upward fluctuations. Measuring risk only with ordinary volatility may overlook this difference. The Sortino Ratio is a metric that helps fill this gap.

First, what is the Sortino Ratio?

The Sortino Ratio measures the relationship between returns above a target return and downside volatility risk. It

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GateUser-4c2ae961 5 minutes ago

US stocks had their worst week since April 2025, and chip stocks fell 12% in one day.
No AI company reported bad numbers. So why did the market fall?
And Bitcoin just closed the week below $75,000. Now Tuesday's CPI decides the next move.
Watch:

BTC-0.67%

AlanRogers an hour ago

Jensen Huang addressed this head-on in a letter to staff, and that matters 👀
The affair is personal. The reported link to a suspected Chinese spy is a separate issue, and the board's independent investigation will answer it. The board says it has no reason to believe national security or company secrets were compromised.
Markets are already reacting. NVDA perps on Hyperliquid fell about 3.8% on the news, and a whale is sitting on a $5.4M 10x short.

NVDA-0.35%

ThisIsRealTrading 2 hours agoBearish

What does this price suggest?$BTC

BTC-0.65%

CryptoThro an hour ago

Imagine being able to prove ownership of a digital item without relying entirely on a traditional central platform.
Blockchain technology is helping make new forms of digital ownership possible through tokenization and NFTs.
The internet is evolving, and ownership is becoming an interesting part of that conversation.
#DigitalOwnership #NFT #BlockchainTechnology #Web3

LonelyVolcano 34 minutes ago

I dare say no stock's price chart can rise as steadily as China's M2 😂

crypto_kitty 31 minutes ago

solana market predictions

LIVE1,948

LiuBeiPrince an hour ago

What Is Value at Risk (VaR)? Can It Tell Us How Much Our Account Might Lose?

In cryptocurrency trading, many people calculate returns but rarely make a serious estimate of how much their accounts could lose under adverse market conditions. Value at Risk (VaR) is a common risk measurement tool that can help us understand potential losses in probabilistic terms.

First, what exactly is VaR?

VaR is typically used to estimate the potential loss threshold for a specific position over a given time horizon and at a given confidence level. For example, a one-day 95% VaR of 1,000 USDT for an account

Panda'sStrategy 11 minutes agoBullish

The future you're betting on is already someone else's present
Think this through: crypto isn't a gambling table; it's an industry chain.
People at the top of the chain aren't selling coins; they're selling dreams. They talk about narratives, ecosystems, and the world ten years from now, package the story beautifully, and sell it with precision to those most in need of hope.
You pay real money and get back an unfulfilled vision.
And that vision is already worth its current price in their hands—they take your money and turn around to buy a house, a car, or a domain for their next project. The “

BTC-0.65%

A-Yuebit an hour ago

Place short orders at resistance levels, aiming to reach the target smoothly.
The trend is clear, and the pace is firmly under control.
#红牛双车登上巴西领奖台 $ETH ‌

ETH-1.26%

CryptonajamX 22 minutes ago

$Rez Insider News Coming Sooon
#Rez will Pump minimum 50% From
here
Easy money

REZ+8.16%

0xkunn 5 minutes ago

AI top-ups are all working normally💼
I started a group chat and occasionally send milk tea🥤
I'm the source, I'm the source, I'm the source
Come join, come join

PandaQuantitative 18 minutes ago

After BTC’s Sharp Drop, Do Quant Strategies Need to Shift Gears?

Today’s BTC price action is a classic example.

First a sharp drop, then sideways trading, followed by another sudden plunge. It may look like just a change in price, but from a quantitative perspective, the market may have shifted into a different regime.

When studying strategies, many people look for an indicator with a high win rate.

But one issue is often overlooked:

**The same strategy can perform in completely opposite ways under different market conditions.**

For example, in a range-bound market, prices often have a c

BTC-0.67%

Falcon_Official an hour ago

#英伟达突发风波股价承压CEO NVDA at $176.20: Is the Market Pricing a CEO Risk or a Bigger Threat to NVIDIA’s AI Dominance?
NVIDIA is facing a difficult combination of headline risk, corporate governance questions and renewed scrutiny around international chip transactions. The immediate concern is not simply whether Jensen Huang remains CEO. It is whether this investigation could create a wider challenge for NVIDIA’s customer relationships, export compliance and investor confidence.

At the supplied price of $176.20, the stock is approximately 5.59% below Friday’s $186.64 closing price. That is a signific

Falcon_Official2026-11-09 06:09:52

🔥 What are we discussing today? Gate Square’s trending topics have been updated!

🔹 #美国10月CPI
Will the upcoming inflation report show further cooling, or will it once again disrupt rate-cut expectations?

🔹 #BTC Flash Crash and Wick$BTC
It briefly fell to $73,510. Was this a leverage flush, or the start of another downturn?

🔹 #英伟达突发风波股价承压CEO
As the personal incident and independent investigation continue to escalate, will $NVDA face only short-term pressure, or will governance and regulatory risks be priced in further?

Quality content can receive traffic support + featured recommendations.
💰 Got a take? Join the discussion: https://www.gate.com/post/topic

CryptoCircleBullSays an hour ago

$UNI Currently at 6.702, down 5.55% over 24H. 1H is weak: RSI 34.5, EMA20 6.90, resistance 7.103, support 6.625; 4H is weak: RSI 42.2, EMA20 7.01, resistance 7.659, support 6.587. Volume is 1.31x. For an upside move, price needs to hold above the 7.103 resistance; a break below the 6.625 support would weaken the structure. Next, watch whether 7.103 holds and whether price can reclaim 6.625 after losing it; a break below 6.625 without a reclaim invalidates the setup. The market is volatile; for observation only.

UNI+3.05%

CryptoSat2 hours agoBullish

$SOXS 66% of position closed 👍

Remaining position at 200% ROI 🔥

CryptoSat2026-11-09 03:32:45

Open $SOXS LONG
Using 4% Fund , entry at 70-69
Sl at 68
ROI Targets - 100% , 150% , 200%

SOXS+1.46%

LiuBeiPrince 2 hours ago

What Is the Calmar Ratio? Why Is Maximum Drawdown Also an Important Metric for Evaluating Trading Strategies?

In cryptocurrency trading, some strategies deliver high annual returns but have also experienced substantial account losses, while others generate relatively lower returns but have smaller maximum drawdowns. Comparing only final returns can easily overlook the risks an account was exposed to along the way. The Calmar Ratio is a metric that helps us consider returns and maximum drawdown together.

First, what is the Calmar Ratio?

The Calmar Ratio is usually calculated by dividing the

QingquanStoneDownstreaan hour ago

https://www.gate.com/zh/profile/清泉石下流

‼️Qingquan has shared trading levels nonstop for nearly 5 years, with a long-term win rate of 90% on precise levels and direction calls.📈 The 5gt lowest promotion of the year ends tomorrow‼️Apple users can click☝️

‼️The four-wave bottoming phase is underway; the direction and levels have been clearly communicated‼️ Last week, shorted the tops at 2395/79700 and took profit at 2080/73500📉 Went long at 2080 this morning and took profit on the reversal#美国10月CPI即将公布

UchihaUltraShort 16 minutes ago

Put knowledge into practice, and keep your leveraged positions under control: leverage should never exceed 50x, position size should not exceed 10%, and stop-losses should not exceed 20%. Just follow my plan, and basically, even if everything goes wrong, you won’t lose much money

UchihaUltraShort2026-11-09 00:57:32

How will the big players fleece you next? I’ll tell you all the scenarios for today. First, Ethereum rebounds from 2080 and moves upward in a choppy fashion to 2150 or 2170. After enough buyers have piled in during the day, it starts a one-way decline at around 6 p.m., pulling back to 2060. Then the big players make another T-trade, sending it back up near 2150 before another one-way decline. It moves downward in a choppy fashion, makes a new low at 2020, then triggers a short squeeze and climbs back above 2150 to trade sideways before testing 1950 to the downside. That’s the main Ethereum scenario for this week. You can use it as a reference—it’s just a plan, not a prediction. The most important thing in trading is how you respond. And remember to use a stop-loss on every trade (keep it tight). Some of you—I’ve really noticed you have a problem with your mindset. If your stop-loss gets hit, is the stop-loss the problem? It’s your entry timing that’s wrong!!!!! Don’t blame the stop-loss or set it too wide

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