What does a downside capture ratio of less than 100 indicate? Option: The fund perfectly mirrored the benchmark's performance during periods of negative returns, The fund consistently generated positive returns regardless of market conditions, The fund performed worse than the benchmark during periods of negative returns, The fund outperformed the benchmark during periods of negative returns

What does a downside capture ratio of less than 100 indicate?

What is considered a desirable characteristic of a mutual fund's capture ratios?

What is the primary function of capture ratios in mutual fund analysis?

What is the purpose of capture ratios in mutual fund analysis?

What does the Sortino Ratio primarily focus on in its risk assessment?

What is the key difference between the Sharpe Ratio and the Sortino Ratio?