omega_ratio
Calculate the Omega Ratio.
The Omega Ratio is a sophisticated metric that goes beyond traditional performance measures by considering the probability of achieving returns above a given threshold. It offers a more nuanced view of risk and reward, focusing on the likelihood of success rather than just average outcomes.
Parameters
- standard
data: ForwardRef('Data') | ForwardRef('DataFrame') | ForwardRef('Series') | ForwardRef('ndarray') | dict | list
target: str
threshold_start: float
Default: 0.0
threshold_end: float
Default: 1.5
Returns
results: list[OmegaModel]
Serializable results.
provider: str
Provider name.
warnings: Optional[list[Warning_]]
list of warnings.
chart: Optional[Chart]
Chart object.
extra: dict[str, Any]
Extra info.
Data
- standard
threshold: float
omega: float