4
Intermediate PremiumRisk & Metrics
Master the key risk metrics — standard deviation, Sharpe ratio, Sortino, alpha, beta, and max drawdown.
6 lessons
21 min total
What you'll learn
- How to measure and compare fund risk
- What Sharpe and Sortino ratios reveal
- How alpha and beta work together
- Reading the SEBI riskometer correctly
Premium Content
This module includes interactive AI explanations and advanced metrics. Upgrade to unlock all 37 lessons.
1
Standard Deviation (Volatility)
What volatility measures and why high isn't always bad.
2
Sharpe Ratio
Return per unit of risk — the most popular risk-adjusted metric.
3
Sortino Ratio
Like Sharpe but only counts downside risk — more useful for investors.
4
Alpha & Beta
How sensitive is the fund to market moves, and does the manager add value?
5
Max Drawdown
The worst peak-to-trough decline and how long recovery took.
6
SEBI Riskometer
Understanding the 6 risk levels and what they mean for your fund.