Sortino ratio scores over Sharpe ratio as it factors in only the downside deviation

While choosing from among mutual funds, most retail investors often look for funds delivering higher returns. But they seldom look at the risk involved in the investment. There are many statistical tools, such as standard deviation (SD), Sharpe ratio, beta, alpha and Sortino ratio that are used to measure the risk involved and risk-adjusted return generated by mutual funds. Measuring risk ...