# Overview

<figure><img src="/files/EkvMylHHGfOAZ4DPsFbo" alt=""><figcaption></figcaption></figure>

This implementation aligns the target (MAR) with your return type, computes excess returns per bar, and divides their average by the *downside* deviation over a lookback.

{% content-ref url="/pages/E2MSDXnqnLP5EucRuDeg" %}
[Features](/investing/risk-adjusted-performance/sortino-ratio/features.md)
{% endcontent-ref %}

{% content-ref url="/pages/anxUENaQ6ijkoK7eLL09" %}
[Usage](/investing/risk-adjusted-performance/sortino-ratio/usage.md)
{% endcontent-ref %}

{% content-ref url="/pages/mvgfhZ7PL0r2vrKlThgl" %}
[Confluences](/investing/risk-adjusted-performance/sortino-ratio/confluences.md)
{% endcontent-ref %}

{% content-ref url="/pages/UAtG6Jp8Fai6R4oAYraI" %}
[FAQs](/investing/risk-adjusted-performance/sortino-ratio/faqs.md)
{% endcontent-ref %}

You can annualize for comparability, switch between **Percentile Bands** (P50/P75/P90 etc.) and **Fixed Levels** (0/0.5/1/2/3), and use a right-edge label that summarizes percentile bucket or level.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.candelacharts.com/investing/risk-adjusted-performance/sortino-ratio/overview.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.