Finance

Sterling Ratio Formula - Finance

Learn the sterling ratio formula with examples, step-by-step guide, and calculator tools. Evaluate managed account performance using average of largest drawdowns rather than single worst-case scenario

The sterling ratio formula is a fundamental concept in finance. Evaluate managed account performance using average of largest drawdowns rather than single worst-case scenario. This page provides a comprehensive guide with worked examples and practical applications.

The Formula

\[SR = \frac{R_p - R_f}{\text{Average Drawdown}}\]

Variables

SR
Sterling ratio (consistent risk-adjusted return)
R_p
Portfolio return (average annual return)
R_f
Risk-free rate (minimum acceptable return)
Average Drawdown
Average of largest drawdowns (typical loss severity)

Step-by-Step Guide

  1. 1

    Step 1: Gather your data values

  2. 2

    Step 2: Apply the formula

  3. 3

    Step 3: Perform the calculations

  4. 4

    Step 4: Interpret the result

Examples

Example 1

Example 1: [0.12,0.03,0.1] → Sterling Ratio = (12% portfolio return - 3% risk-free rate) / 10% average drawdown = 0.9

Example 2

Example 2: 0.9

Frequently Asked Questions

What is the sterling ratio formula?

Evaluate managed account performance using average of largest drawdowns rather than single worst-case scenario

How do I calculate sterling ratio formula?

Use the formula: SR = \frac{R_p - R_f}{\text{Average Drawdown}}. Follow the steps provided above.

What tools can help with sterling ratio formula?

We provide online calculators: npv-calculator, irr-calculator, sip-calculator

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