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Sharpe Ratio

QUICK DEFINITION

Sharpe Ratio in Elliott Wave Theory: A measure of risk-adjusted return calculated by dividing excess return by portfolio standard deviation. A higher Sharpe ratio indicates better return per unit of risk taken.

What Sharpe Ratio Means

A measure of risk-adjusted return calculated by dividing excess return by portfolio standard deviation. A higher Sharpe ratio indicates better return per unit of risk taken.

Where You'll See It

Sharpe Ratio appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the trading family of Elliott Wave concepts and shows up most often when analysts are translating a wave count into an actual trade setup with entry, target, and invalidation.

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