The Sharpe ratio compares return to volatility (std dev). Higher Sharpe generally means more return per unit of risk—though no single number tells the whole story.
Simple intuition
- Sharpe ~ 0 — returns barely compensate for volatility
- Sharpe ~ 1 — decent risk-adjusted performance (rule-of-thumb context)
- Sharpe > 2 — strong on paper (verify with enough history)
Daily vs. annualized on dogabot
- Daily Sharpe — based on daily returns
- Annualized Sharpe — daily Sharpe × √365 (crypto trades year-round)
Simple example
Automation with steady +0.15% average daily return and low daily swings often shows a higher Sharpe than one with the same average but wild daily moves.
On dogabot
Find both Sharpe fields under Key Metrics (Pro). Use with P&L, ROI, and drawdown.
Quick checklist
- Do not chase Sharpe alone—thin history can flatter the number
- Compare Sharpe across similar symbols and time windows on the ranking page
Want to see these numbers on a live strategy? Create an automation or copy one from the leaderboard and compare metrics side by side.