{"id":16163,"date":"2025-12-21T13:48:16","date_gmt":"2025-12-21T13:48:16","guid":{"rendered":"https:\/\/navia.co.in\/blog\/?p=16163"},"modified":"2026-02-27T11:31:49","modified_gmt":"2026-02-27T11:31:49","slug":"the-coffee-shop-bet-kya-aapke-gains-aapke-gumraah-kar-rahe-hain","status":"publish","type":"post","link":"https:\/\/navia.co.in\/blog\/the-coffee-shop-bet-kya-aapke-gains-aapke-gumraah-kar-rahe-hain\/","title":{"rendered":"The Coffee Shop Bet: \u0915\u094d\u092f\u093e \u0906\u092a\u0915\u0947 Gains \u0906\u092a\u0915\u094b \u0917\u0941\u092e\u0930\u093e\u0939 \u0915\u0930 \u0930\u0939\u0947 \u0939\u0948\u0902?"},"content":{"rendered":"<ul><li><a class=\"aioseo-toc-item\" href=\"#aioseo-coffee-shop-\u092e\u0947\u0902-\u090f\u0915-\u0926\u094b\u0938\u094d\u0924\u093e\u0928\u093e-\u092c\u0939\u0938-1\">Coffee Shop \u092e\u0947\u0902 \u090f\u0915 \u0926\u094b\u0938\u094d\u0924\u093e\u0928\u093e \u092c\u0939\u0938<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-\u0935\u094b-formula-\u091c\u094b-risk-\u0915\u093e-\u0928\u094d\u092f\u093e\u092f-\u0915\u0930\u0924\u093e-\u0939\u0948-10\">\u0935\u094b Formula \u091c\u094b Risk \u0915\u093e \u0928\u094d\u092f\u093e\u092f \u0915\u0930\u0924\u093e \u0939\u0948<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-\u0935\u094b-\u0905\u0939\u0938\u093e\u0938-\u091c\u093f\u0938\u0928\u0947-\u092e\u0942\u0921-\u092c\u0926\u0932-\u0926\u093f\u092f\u093e-22\">\u0935\u094b \u0905\u0939\u0938\u093e\u0938 \u091c\u093f\u0938\u0928\u0947 \u092e\u0942\u0921 \u092c\u0926\u0932 \u0926\u093f\u092f\u093e<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-\u090f\u0915-\u0936\u0930\u094d\u0924-\u0915\u093e-\u0928\u093f\u092a\u091f\u093e\u0930\u093e-\u090f\u0915-\u0938\u092c\u0915-\u0938\u0940\u0916\u093e-32\">\u090f\u0915 \u0936\u0930\u094d\u0924 \u0915\u093e \u0928\u093f\u092a\u091f\u093e\u0930\u093e, \u090f\u0915 \u0938\u092c\u0915 \u0938\u0940\u0916\u093e<\/a><\/li><\/ul>\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color wp-elements-164e6fa16d0df458a285e9fa7e3dfccd\" id=\"aioseo-coffee-shop-\u092e\u0947\u0902-\u090f\u0915-\u0926\u094b\u0938\u094d\u0924\u093e\u0928\u093e-\u092c\u0939\u0938-1\" style=\"color:#ec4d37\">Coffee Shop \u092e\u0947\u0902 \u090f\u0915 \u0926\u094b\u0938\u094d\u0924\u093e\u0928\u093e \u092c\u0939\u0938<\/h3>\n\n\n\n<p>\u0907\u0938\u0915\u0940 \u0936\u0941\u0930\u0941\u0906\u0924 \u092c\u0947\u0902\u0917\u0932\u0941\u0930\u0941 \u0915\u0947 \u0915\u094b\u0930\u092e\u0902\u0917\u0932\u093e \u0915\u0947 \u090f\u0915 \u092d\u0940\u0921\u093c\u092d\u093e\u0921\u093c \u0935\u093e\u0932\u0947 coffee shop \u092e\u0947\u0902 \u090f\u0915 \u0938\u093e\u0927\u093e\u0930\u0923 \u0936\u0930\u094d\u0924 \u0938\u0947 \u0939\u0941\u0908\u0964 Startup founders \u0924\u0947\u091c\u093c\u0940 \u0938\u0947 type \u0915\u0930 \u0930\u0939\u0947 \u0925\u0947, baristas \u0928\u093e\u092e \u092a\u0941\u0915\u093e\u0930 \u0930\u0939\u0947 \u0925\u0947, \u0914\u0930 \u092c\u093e\u0939\u0930 \u0939\u094b\u0924\u0940 \u092c\u093e\u0930\u093f\u0936 \u0928\u0947 \u0915\u093e\u0902\u091a \u0915\u0940 \u0916\u093f\u0921\u093c\u0915\u093f\u092f\u094b\u0902 \u0915\u094b \u0927\u0941\u0902\u0927\u0932\u093e \u0915\u0930 \u0926\u093f\u092f\u093e \u0925\u093e\u0964<\/p>\n\n\n\n<p>\u090f\u0915 \u0915\u094b\u0928\u0947 \u0935\u093e\u0932\u0940 \u092e\u0947\u091c \u092a\u0930 Dev \u092c\u0948\u0920\u0947 \u0925\u0947, \u091c\u094b \u090f\u0915 product manager \u0925\u0947 \u0914\u0930 \u0938\u0915\u094d\u0930\u093f\u092f \u0930\u0942\u092a \u0938\u0947 trading \u0915\u0930\u0924\u0947 \u0925\u0947\u0964 \u0909\u0928\u0915\u0947 \u0938\u093e\u092e\u0928\u0947 Rhea \u0925\u0940\u0902, \u091c\u094b \u0938\u093f\u0902\u0917\u093e\u092a\u0941\u0930 \u0938\u0947 \u0906\u0908\u0902 \u090f\u0915 quantitative analyst \u0925\u0940\u0902\u0964 \u0909\u0928\u0915\u0947 \u092c\u0940\u091a \u090f\u0915 napkin \u092a\u0921\u093c\u093e \u0925\u093e \u091c\u093f\u0938 \u092a\u0930 \u0939\u093e\u0925 \u0938\u0947 \u090f\u0915 \u091f\u0947\u0922\u093c\u093e-\u092e\u0947\u0922\u093c\u093e chart \u092c\u0928\u093e \u0939\u0941\u0906 \u0925\u093e\u0964<\/p>\n\n\n\n<p>Dev \u0928\u0947 \u0906\u0924\u094d\u092e\u0935\u093f\u0936\u094d\u0935\u093e\u0938 \u0938\u0947 \u092e\u0947\u091c \u0925\u092a\u0925\u092a\u093e\u0908\u0964 &#8220;Markets \u0938\u0930\u0932 \u0939\u0948\u0902\u0964 \u091c\u092c price \u092c\u0939\u0941\u0924 \u0917\u093f\u0930 \u091c\u093e\u090f, \u0924\u094b \u0916\u0930\u0940\u0926 \u0932\u094b\u0964 \u091c\u092c \u092f\u0939 \u092c\u0939\u0941\u0924 \u092c\u0922\u093c \u091c\u093e\u090f, \u0924\u094b \u092c\u0947\u091a \u0926\u094b\u0964&#8221;<\/p>\n\n\n\n<p>Rhea \u0939\u0901\u0938\u0940\u0902\u0964 &#8220;\u0905\u0917\u0930 \u092f\u0939 \u0907\u0924\u0928\u093e \u0938\u0930\u0932 \u0939\u094b\u0924\u093e, \u0924\u094b \u092e\u093e\u0930\u094d\u0915\u0947\u091f \u092e\u0947\u0902 \u0915\u094b\u0908 \u0938\u0902\u0918\u0930\u094d\u0937 \u0928\u0939\u0940\u0902 \u0915\u0930\u0924\u093e\u0964&#8221;<\/p>\n\n\n\n<p>Dev \u092e\u0941\u0938\u094d\u0915\u0941\u0930\u093e\u090f\u0964 &#8220;\u0920\u0940\u0915 \u0939\u0948\u0964 \u092e\u0941\u091d\u0947 \u0915\u0941\u091b \u0928\u092f\u093e \u0938\u093f\u0916\u093e\u0913\u0964&#8221;<\/p>\n\n\n\n<p>Rhea \u0906\u0917\u0947 \u0915\u0940 \u0913\u0930 \u091d\u0941\u0915\u0940\u0902\u0964 &#8220;\u0920\u0940\u0915 \u0939\u0948\u0964 \u091a\u0932\u094b \u0924\u0941\u092e\u094d\u0939\u093e\u0930\u093e \u091f\u0947\u0938\u094d\u091f \u0932\u0947\u0924\u0947 \u0939\u0948\u0902\u0964 \u0915\u094d\u092f\u093e \u0924\u0941\u092e\u0928\u0947 Sharpe Ratio \u0915\u0947 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902 \u0938\u0941\u0928\u093e \u0939\u0948?&#8221;<\/p>\n\n\n\n<p>Dev \u0928\u0947 \u092a\u0941\u091b\u093e\u0964 &#8220;\u0915\u094d\u092f\u093e \u092f\u0939 \u0915\u094b\u0908 boring finance metric \u0928\u0939\u0940\u0902 \u0939\u0948?&#8221;<\/p>\n\n\n\n<p>&#8220;Boring?&#8221; Rhea \u092e\u0941\u0938\u094d\u0915\u0941\u0930\u093e\u0908\u0902\u0964 &#8220;\u092f\u0939 \u092f\u0939 \u0906\u0902\u0915\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u0938\u092c\u0938\u0947 \u0935\u094d\u092f\u093e\u092a\u0915 \u0930\u0942\u092a \u0938\u0947 \u0909\u092a\u092f\u094b\u0917 \u0915\u093f\u090f \u091c\u093e\u0928\u0947 \u0935\u093e\u0932\u0947 tools \u092e\u0947\u0902 \u0938\u0947 \u090f\u0915 \u0939\u0948 \u0915\u093f \u0915\u094d\u092f\u093e \u0906\u092a\u0915\u0947 returns \u0906\u092a\u0915\u0947 \u0926\u094d\u0935\u093e\u0930\u093e \u0932\u093f\u090f \u091c\u093e \u0930\u0939\u0947 risk \u0915\u0947 \u0932\u093e\u092f\u0915 \u0939\u0948\u0902\u0964&#8221;<\/p>\n\n\n\n<a href=\"https:\/\/open.navia.co.in\/index-navia.php?utm_source=organic&#038;utm_medium=blog\" target=\"_blank\" style=\"display:flex; width:100%;\" ><img decoding=\"async\" src=\"https:\/\/d1l8l3rp33cdzs.cloudfront.net\/images\/naviacee\/Open-free-demat-account%20%28blog%29%20%281%29.gif\" width=\"80%\" \nheight=\"auto\"  style=\"border-radius:10px; margin:5px auto;\"\/><\/a>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color wp-elements-94577d196598820ef9ad6900061da56e\" id=\"aioseo-\u0935\u094b-formula-\u091c\u094b-risk-\u0915\u093e-\u0928\u094d\u092f\u093e\u092f-\u0915\u0930\u0924\u093e-\u0939\u0948-10\" style=\"color:#233975\">\u0935\u094b Formula \u091c\u094b Risk \u0915\u093e \u0928\u094d\u092f\u093e\u092f \u0915\u0930\u0924\u093e \u0939\u0948<\/h3>\n\n\n\n<p>\u092c\u093e\u0930\u093f\u0936 \u0914\u0930 \u0924\u0947\u091c\u093c \u0939\u094b \u0917\u0908\u0964 Rhea \u0928\u0947 napkin \u0909\u0920\u093e\u092f\u093e \u0914\u0930 \u0932\u093f\u0916\u0928\u093e \u0936\u0941\u0930\u0942 \u0915\u093f\u092f\u093e\u0964<\/p>\n\n\n\n<p>&#8220;Sharpe Ratio \u092f\u0939 \u092e\u093e\u092a\u0924\u093e \u0939\u0948 \u0915\u093f \u0906\u092a \u091c\u094b\u0916\u093f\u092e \u0915\u0940 \u0939\u0930 \u090f\u0915 \u0907\u0915\u093e\u0908 (unit of risk) \u0915\u0947 \u0932\u093f\u090f \u0915\u093f\u0924\u0928\u093e \u0905\u0924\u093f\u0930\u093f\u0915\u094d\u0924 \u0930\u093f\u091f\u0930\u094d\u0928 (extra return) \u0915\u092e\u093e\u0924\u0947 \u0939\u0948\u0902\u0964&#8221;<\/p>\n\n\n\n<p>Dev \u0928\u0947 \u0927\u0940\u0930\u0947 \u0938\u0947 \u0938\u093f\u0930 \u0939\u093f\u0932\u093e\u092f\u093e\u0964 &#8220;\u0915\u093f\u0938\u0915\u0940 \u0924\u0941\u0932\u0928\u093e \u092e\u0947\u0902 \u0905\u0924\u093f\u0930\u093f\u0915\u094d\u0924 \u0930\u093f\u091f\u0930\u094d\u0928?&#8221;<\/p>\n\n\n\n<p>&#8220;\u091c\u094b\u0916\u093f\u092e-\u092e\u0941\u0915\u094d\u0924 \u0930\u093f\u091f\u0930\u094d\u0928 (risk-free return) \u0915\u0940 \u0924\u0941\u0932\u0928\u093e \u092e\u0947\u0902\u0964 \u0906\u092e\u0924\u094c\u0930 \u092a\u0930 \u0938\u0930\u0915\u093e\u0930\u0940 \u092c\u0949\u0928\u094d\u0921 \u092f\u0940\u0932\u094d\u0921 (government bond yield)\u0964&#8221;<\/p>\n\n\n\n<p>\u0909\u0928\u094d\u0939\u094b\u0902\u0928\u0947 \u0938\u093e\u092b\u093c-\u0938\u093e\u092b\u093c \u0932\u093f\u0916\u093e:<\/p>\n\n\n\n<p>Sharpe Ratio = (Portfolio Return \u2013 Risk Free Rate) \u00f7 Standard Deviation of Returns<\/p>\n\n\n\n<p>Dev \u0909\u0938\u0947 \u0918\u0942\u0930\u0928\u0947 \u0932\u0917\u0947\u0964 &#8220;\u092f\u0939 \u0905\u092d\u0940 \u092d\u0940 \u091c\u091f\u093f\u0932 \u0932\u0917 \u0930\u0939\u093e \u0939\u0948\u0964&#8221;<\/p>\n\n\n\n<p>Rhea \u0928\u0947 \u0907\u0938\u0947 \u0938\u0930\u0932 \u092c\u0928\u093e\u092f\u093e\u0964 &#8220;Portfolio return \u0935\u0939 \u0939\u0948 \u091c\u094b \u0924\u0941\u092e\u0928\u0947 \u0915\u092e\u093e\u092f\u093e\u0964 Risk free rate \u0935\u0939 \u0939\u0948 \u091c\u094b \u0924\u0941\u092e \u092c\u093f\u0928\u093e \u092e\u093e\u0930\u094d\u0915\u0947\u091f \u0930\u093f\u0938\u094d\u0915 \u0932\u093f\u090f \u0915\u092e\u093e \u0938\u0915\u0924\u0947 \u0925\u0947\u0964 Standard deviation \u092f\u0939 \u092e\u093e\u092a\u0924\u093e \u0939\u0948 \u0915\u093f \u0924\u0941\u092e\u094d\u0939\u093e\u0930\u0947 returns \u0915\u093f\u0924\u0928\u0947 \u0909\u0924\u093e\u0930-\u091a\u0922\u093c\u093e\u0935 \u0935\u093e\u0932\u0947 (volatile) \u0925\u0947\u0964 \u092c\u0921\u093c\u0947 \u0909\u0924\u093e\u0930-\u091a\u0922\u093c\u093e\u0935 \u0915\u093e \u092e\u0924\u0932\u092c \u0939\u0948 \u0909\u091a\u094d\u091a \u092a\u0930\u093f\u0935\u0930\u094d\u0924\u0928\u0936\u0940\u0932\u0924\u093e (higher variability)\u0964&#8221;<\/p>\n\n\n\n<p>\u0909\u0928\u094d\u0939\u094b\u0902\u0928\u0947 \u0906\u0917\u0947 \u0915\u0939\u093e, &#8220;\u0905\u0917\u0930 \u0924\u0941\u092e\u094d\u0939\u093e\u0930\u093e Sharpe Ratio 1 \u0938\u0947 \u090a\u092a\u0930 \u0939\u0948, \u0924\u094b \u0907\u0938\u0947 \u0906\u092e\u0924\u094c\u0930 \u092a\u0930 \u0909\u091a\u093f\u0924 \u092e\u093e\u0928\u093e \u091c\u093e\u0924\u093e \u0939\u0948\u0964 \u0915\u0908 \u0938\u0902\u0926\u0930\u094d\u092d\u094b\u0902 \u092e\u0947\u0902 2 \u0938\u0947 \u090a\u092a\u0930 \u0939\u094b\u0928\u093e \u092c\u0939\u0941\u0924 \u092e\u091c\u093c\u092c\u0942\u0924 \u092e\u093e\u0928\u093e \u091c\u093e\u0924\u093e \u0939\u0948\u0964 1 \u0938\u0947 \u0928\u0940\u091a\u0947 \u0915\u093e \u092e\u0924\u0932\u092c \u0939\u094b \u0938\u0915\u0924\u093e \u0939\u0948 \u0915\u093f \u0924\u0941\u092e \u0930\u093f\u091f\u0930\u094d\u0928 \u0915\u0940 \u0924\u0941\u0932\u0928\u093e \u092e\u0947\u0902 \u0905\u0927\u093f\u0915 \u0930\u093f\u0938\u094d\u0915 \u0932\u0947 \u0930\u0939\u0947 \u0939\u094b\u0964&#8221;<\/p>\n\n\n\n<p>Dev \u092a\u0940\u091b\u0947 \u091d\u0941\u0915 \u0917\u090f\u0964 &#8220;\u0924\u094b \u092f\u0939 \u0932\u093e\u092a\u0930\u0935\u093e\u0939 \u0909\u0924\u093e\u0930-\u091a\u0922\u093c\u093e\u0935 (reckless volatility) \u0915\u094b \u0939\u0924\u094b\u0924\u094d\u0938\u093e\u0939\u093f\u0924 \u0915\u0930\u0924\u093e \u0939\u0948\u0964&#8221;<\/p>\n\n\n\n<p>&#8220;\u092c\u093f\u0932\u094d\u0915\u0941\u0932\u0964 \u0926\u094b traders \u0926\u094b\u0928\u094b\u0902 15 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u0915\u092e\u093e \u0938\u0915\u0924\u0947 \u0939\u0948\u0902\u0964 \u0932\u0947\u0915\u093f\u0928 \u0905\u0917\u0930 \u090f\u0915 \u0928\u0947 \u092c\u0947\u0924\u0939\u093e\u0936\u093e \u0909\u0924\u093e\u0930-\u091a\u0922\u093c\u093e\u0935 \u091d\u0947\u0932\u093e \u0914\u0930 \u0926\u0942\u0938\u0930\u093e \u0905\u0927\u093f\u0915 \u0938\u094d\u0925\u093f\u0930 \u0930\u0939\u093e, \u0924\u094b Sharpe Ratio \u0906\u092e\u0924\u094c\u0930 \u092a\u0930 \u0938\u094d\u0925\u093f\u0930 \u0930\u0939\u0928\u0947 \u0935\u093e\u0932\u0947 \u0915\u0947 \u092a\u0915\u094d\u0937 \u092e\u0947\u0902 \u0939\u094b\u0917\u093e\u0964&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"625\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/2nd-image-3-1024x625.jpeg\" alt=\"\" class=\"wp-image-16159\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/2nd-image-3-1024x625.jpeg 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/2nd-image-3-300x183.jpeg 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/2nd-image-3-150x92.jpeg 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/2nd-image-3-768x469.jpeg 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/2nd-image-3.jpeg 1360w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color wp-elements-e40e4ae69684d3d9fa73bf23b4944c4c\" id=\"aioseo-\u0935\u094b-\u0905\u0939\u0938\u093e\u0938-\u091c\u093f\u0938\u0928\u0947-\u092e\u0942\u0921-\u092c\u0926\u0932-\u0926\u093f\u092f\u093e-22\" style=\"color:#ec4d37\">\u0935\u094b \u0905\u0939\u0938\u093e\u0938 \u091c\u093f\u0938\u0928\u0947 \u092e\u0942\u0921 \u092c\u0926\u0932 \u0926\u093f\u092f\u093e<\/h3>\n\n\n\n<p>Dev \u0928\u0947 \u0915\u0949\u092b\u0940 \u0915\u0940 \u090f\u0915 \u091a\u0941\u0938\u094d\u0915\u0940 \u0932\u0940\u0964 &#8220;\u0924\u094b \u0924\u0941\u092e \u0915\u0939 \u0930\u0939\u0940 \u0939\u094b \u0915\u093f \u092a\u093f\u091b\u0932\u0947 \u0938\u093e\u0932 \u092e\u0947\u0930\u093e 25 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u0915\u093e \u0930\u093f\u091f\u0930\u094d\u0928 \u092a\u0942\u0930\u0940 \u0915\u0939\u093e\u0928\u0940 \u0928\u0939\u0940\u0902 \u092c\u0924\u093e\u0924\u093e?&#8221;<\/p>\n\n\n\n<p>Rhea \u0927\u0940\u0930\u0947 \u0938\u0947 \u092e\u0941\u0938\u094d\u0915\u0941\u0930\u093e\u0908\u0902\u0964 &#8220;\u0905\u0917\u0930 \u0924\u0941\u092e\u094d\u0939\u093e\u0930\u093e portfolio 40 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u090a\u092a\u0930-\u0928\u0940\u091a\u0947 \u091d\u0942\u0932 \u0930\u0939\u093e \u0925\u093e, \u0924\u094b \u0909\u0938 \u0938\u0902\u0926\u0930\u094d\u092d \u092a\u0930 \u0935\u093f\u091a\u093e\u0930 \u0915\u0930\u0928\u093e \u092e\u0939\u0924\u094d\u0935\u092a\u0942\u0930\u094d\u0923 \u0939\u0948\u0964&#8221;<\/p>\n\n\n\n<p>&#8220;\u092a\u0947\u0936\u0947\u0935\u0930 (professional) fund managers, \u0930\u0923\u0928\u0940\u0924\u093f\u092f\u094b\u0902 \u0915\u0940 \u0924\u0941\u0932\u0928\u093e \u0915\u0930\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f Sharpe Ratio \u0915\u093e \u0909\u092a\u092f\u094b\u0917 \u0915\u0930\u0924\u0947 \u0939\u0948\u0902\u0964 \u092f\u0939 \u0909\u0928\u094d\u0939\u0947\u0902 \u092f\u0939 \u092e\u0942\u0932\u094d\u092f\u093e\u0902\u0915\u0928 \u0915\u0930\u0928\u0947 \u092e\u0947\u0902 \u092e\u0926\u0926 \u0915\u0930\u0924\u093e \u0939\u0948 \u0915\u093f \u0915\u094d\u092f\u093e \u0915\u093f\u0938\u0940 system \u0928\u0947 \u0915\u0941\u0936\u0932\u0924\u093e \u0938\u0947 \u092a\u094d\u0930\u0926\u0930\u094d\u0936\u0928 \u0915\u093f\u092f\u093e \u092f\u093e \u092c\u0938 \u0905\u0928\u0941\u0915\u0942\u0932 \u092a\u0930\u093f\u0938\u094d\u0925\u093f\u0924\u093f\u092f\u094b\u0902 \u0915\u093e \u0932\u093e\u092d \u092e\u093f\u0932\u093e\u0964&#8221;<\/p>\n\n\n\n<p>Dev \u0928\u0947 \u092a\u0942\u091b\u093e\u0964 &#8220;\u092b\u0949\u0930\u094d\u092e\u0942\u0932\u093e \u0935\u093f\u0935\u0930\u0923 (formula details) \u0915\u0947 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902 \u0915\u094d\u092f\u093e?&#8221;<\/p>\n\n\n\n<p>Rhea \u0928\u0947 \u0927\u0948\u0930\u094d\u092f\u092a\u0942\u0930\u094d\u0935\u0915 \u0938\u092e\u091d\u093e\u092f\u093e\u0964 &#8220;Standard deviation \u092f\u0939 \u092e\u093e\u092a\u0924\u093e \u0939\u0948 \u0915\u093f returns \u0905\u092a\u0928\u0947 \u0914\u0938\u0924 \u0938\u0947 \u0915\u093f\u0924\u0928\u0940 \u0926\u0942\u0930 \u091c\u093e\u0924\u0947 \u0939\u0948\u0902\u0964 \u092c\u0921\u093c\u0947 \u0909\u0924\u093e\u0930-\u091a\u0922\u093c\u093e\u0935 \u092b\u0949\u0930\u094d\u092e\u0942\u0932\u0947 \u092e\u0947\u0902 \u0939\u0930 (denominator) \u0915\u094b \u092c\u0922\u093c\u093e\u0924\u0947 \u0939\u0948\u0902, \u091c\u093f\u0938\u0938\u0947 Sharpe Ratio \u0915\u092e \u0939\u094b \u091c\u093e\u0924\u093e \u0939\u0948\u0964&#8221;<\/p>\n\n\n\n<p>&#8220;\u092f\u0939 ratio stocks, mutual funds, hedge funds \u0914\u0930 \u0915\u0908 \u0905\u0928\u094d\u092f portfolio \u092a\u0930 \u0932\u093e\u0917\u0942 \u0915\u093f\u092f\u093e \u091c\u093e \u0938\u0915\u0924\u093e \u0939\u0948\u0964 \u092f\u0939 \u0926\u0915\u094d\u0937\u0924\u093e (efficiency) \u092a\u0930 \u0927\u094d\u092f\u093e\u0928 \u0915\u0947\u0902\u0926\u094d\u0930\u093f\u0924 \u0915\u0930\u0924\u093e \u0939\u0948, \u0909\u0924\u094d\u0924\u0947\u091c\u0928\u093e (excitement) \u092a\u0930 \u0928\u0939\u0940\u0902\u0964&#8221;<\/p>\n\n\n\n<p>Dev \u0928\u0947 \u0927\u0940\u0930\u0947 \u0938\u0947 \u0938\u093f\u0930 \u0939\u093f\u0932\u093e\u092f\u093e\u0964 &#8220;\u0924\u094b \u0909\u091a\u094d\u091a \u0930\u093f\u091f\u0930\u094d\u0928 \u0915\u093e \u092a\u0940\u091b\u093e \u0915\u0930\u0928\u0947 \u0915\u0947 \u092c\u091c\u093e\u092f, \u092e\u0941\u091d\u0947 \u092c\u0947\u0939\u0924\u0930 risk adjusted returns \u092a\u0930 \u0927\u094d\u092f\u093e\u0928 \u0926\u0947\u0928\u093e \u091a\u093e\u0939\u093f\u090f\u0964&#8221;<\/p>\n\n\n\n<p>&#8220;\u092c\u093f\u0932\u094d\u0915\u0941\u0932\u0964 Markets \u0938\u092e\u092f \u0915\u0947 \u0938\u093e\u0925 \u0905\u0928\u0941\u0936\u093e\u0938\u0928 \u0915\u094b \u092a\u0941\u0930\u0938\u094d\u0915\u0943\u0924 \u0915\u0930\u0924\u0947 \u0939\u0948\u0902\u0964&#8221;<\/p>\n\n\n\n<p>\u0909\u0928\u094d\u0939\u094b\u0902\u0928\u0947 \u090f\u0915 \u0914\u0930 \u091c\u093e\u0928\u0915\u093e\u0930\u0940 \u091c\u094b\u0921\u093c\u0940\u0964 &#8220;\u090f\u0915 Sortino Ratio \u0928\u093e\u092e \u0915\u0940 \u091a\u0940\u091c\u093c \u092d\u0940 \u0939\u094b\u0924\u0940 \u0939\u0948\u0964 \u092f\u0939 \u0915\u0947\u0935\u0932 \u0928\u0915\u093e\u0930\u093e\u0924\u094d\u092e\u0915 \u0909\u0924\u093e\u0930-\u091a\u0922\u093c\u093e\u0935 (downside volatility) \u092a\u0930 \u0926\u0902\u0921\u093f\u0924 \u0915\u0930\u0915\u0947 Sharpe \u092e\u0947\u0902 \u0938\u0941\u0927\u093e\u0930 \u0915\u0930\u0924\u093e \u0939\u0948\u0964 \u0932\u0947\u0915\u093f\u0928 Sharpe \u0905\u0915\u094d\u0938\u0930 \u0936\u0941\u0930\u0941\u0906\u0924\u0940 \u092c\u093f\u0902\u0926\u0941 \u0939\u094b\u0924\u093e \u0939\u0948\u0964&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"625\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/3rd-image-3-1024x625.jpeg\" alt=\"\" class=\"wp-image-16160\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/3rd-image-3-1024x625.jpeg 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/3rd-image-3-300x183.jpeg 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/3rd-image-3-150x92.jpeg 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/3rd-image-3-768x469.jpeg 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/3rd-image-3.jpeg 1360w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color wp-elements-69b2a6c751131bc2712530036d3c33e0\" id=\"aioseo-\u090f\u0915-\u0936\u0930\u094d\u0924-\u0915\u093e-\u0928\u093f\u092a\u091f\u093e\u0930\u093e-\u090f\u0915-\u0938\u092c\u0915-\u0938\u0940\u0916\u093e-32\" style=\"color:#233975\">\u090f\u0915 \u0936\u0930\u094d\u0924 \u0915\u093e \u0928\u093f\u092a\u091f\u093e\u0930\u093e, \u090f\u0915 \u0938\u092c\u0915 \u0938\u0940\u0916\u093e<\/h3>\n\n\n\n<p>\u092c\u093e\u0930\u093f\u0936 \u0927\u0940\u092e\u0940 \u0939\u094b \u0917\u0908\u0964 \u0915\u0948\u092b\u0947 \u0915\u093e \u0936\u094b\u0930 \u0926\u0942\u0930 \u092e\u0939\u0938\u0942\u0938 \u0939\u094b\u0928\u0947 \u0932\u0917\u093e\u0964<\/p>\n\n\n\n<p>Dev \u092e\u0941\u0938\u094d\u0915\u0941\u0930\u093e\u090f\u0964 &#8220;\u0920\u0940\u0915 \u0939\u0948\u0964 \u092e\u0948\u0902 \u0938\u094d\u0935\u0940\u0915\u093e\u0930 \u0915\u0930\u0924\u093e \u0939\u0942\u0901\u0964 \u092e\u0948\u0902\u0928\u0947 \u0915\u092d\u0940 \u092f\u0939 \u091c\u093e\u0901\u091a \u0928\u0939\u0940\u0902 \u0915\u0940 \u0915\u093f \u092e\u0947\u0930\u0947 returns \u0915\u093f\u0924\u0928\u0947 \u091c\u094b\u0916\u093f\u092e \u092d\u0930\u0947 \u0925\u0947\u0964&#8221;<\/p>\n\n\n\n<p>Rhea \u0928\u0947 \u0938\u093f\u0930 \u0939\u093f\u0932\u093e\u092f\u093e\u0964 &#8220;\u0907\u0938\u0947 track \u0915\u0930\u0928\u093e \u0936\u0941\u0930\u0942 \u0915\u0930\u094b\u0964 \u092f\u0939\u093e\u0901 \u0924\u0915 \u0915\u093f \u090f\u0915 \u0938\u093e\u0927\u093e\u0930\u0923 spreadsheet \u092d\u0940 \u0907\u0938\u0947 calculate \u0915\u0930 \u0938\u0915\u0924\u0940 \u0939\u0948\u0964 \u0915\u0908 platforms \u092d\u0940 \u0907\u0938\u0947 \u0938\u094d\u092a\u0937\u094d\u091f \u0930\u0942\u092a \u0938\u0947 \u092a\u094d\u0930\u0926\u0930\u094d\u0936\u093f\u0924 \u0915\u0930\u0924\u0947 \u0939\u0948\u0902\u0964 \u092e\u0948\u0902 \u090f\u0915 link \u0938\u093e\u091d\u093e \u0915\u0930\u0942\u0901\u0917\u0940 \u091c\u093f\u0938\u0915\u093e \u0909\u092a\u092f\u094b\u0917 \u0924\u0941\u092e \u0938\u0940\u0927\u0947 \u0915\u0930 \u0938\u0915\u0924\u0947 \u0939\u094b: https:\/\/www.omnicalculator.com\/finance\/sharpe-ratio&#8221;<\/p>\n\n\n\n<p>\u0909\u0928\u094d\u0939\u094b\u0902\u0928\u0947 \u0938\u0939\u091c\u0924\u093e \u0938\u0947 \u091c\u094b\u0921\u093c\u093e, &#8220;\u0905\u0917\u0930 \u0924\u0941\u092e \u0928\u093f\u0935\u0947\u0936 \u0915\u094b \u0938\u0915\u094d\u0930\u093f\u092f \u0930\u0942\u092a \u0938\u0947 \u092a\u094d\u0930\u092c\u0902\u0927\u093f\u0924 \u0915\u0930\u0924\u0947 \u0939\u094b, \u0924\u094b <a href=\"https:\/\/navia.co.in\/app.html\" title=\"\">Navia All In One App<\/a> \u091c\u0948\u0938\u0947 tools \u091a\u0940\u091c\u093c\u094b\u0902 \u0915\u094b \u090f\u0915 \u0939\u0940 \u0938\u094d\u0925\u093e\u0928 \u092a\u0930 monitor \u0915\u0930\u0928\u0947 \u092e\u0947\u0902 \u092e\u0926\u0926 \u0915\u0930\u0924\u0947 \u0939\u0948\u0902\u0964&#8221;<\/p>\n\n\n\n<p>Dev \u0928\u0947 napkin \u0915\u094b \u0938\u093e\u0935\u0927\u093e\u0928\u0940 \u0938\u0947 \u092e\u094b\u0921\u093c\u093e\u0964 &#8220;\u0924\u0941\u092e \u0936\u0930\u094d\u0924 \u091c\u0940\u0924 \u0917\u0908\u0902\u0964&#8221;<\/p>\n\n\n\n<p>Rhea \u0939\u0901\u0938\u0940\u0902\u0964 &#8220;\u0915\u094b\u0908 \u0936\u0930\u094d\u0924 \u0928\u0939\u0940\u0902 \u0925\u0940\u0964&#8221;<\/p>\n\n\n\n<p>Dev \u0928\u0947 \u0938\u093f\u0930 \u0939\u093f\u0932\u093e\u092f\u093e\u0964 &#8220;\u0925\u0940\u0964 \u092e\u0941\u091d\u0947 \u0932\u0917\u093e \u0915\u093f returns \u0939\u0940 \u0938\u092c \u0915\u0941\u091b \u0939\u0948\u0902\u0964 \u0905\u092c \u092e\u0948\u0902 \u0938\u092e\u091d \u0917\u092f\u093e \u0939\u0942\u0901 \u0915\u093f risk \u092d\u0940 \u0909\u0924\u0928\u093e \u0939\u0940 \u092e\u093e\u092f\u0928\u0947 \u0930\u0916\u0924\u093e \u0939\u0948\u0964&#8221;<\/p>\n\n\n\n<p>\u091c\u0948\u0938\u0947 \u0939\u0940 \u0935\u0947 \u092c\u0947\u0902\u0917\u0932\u0941\u0930\u0941 \u0915\u0940 \u0924\u093e\u091c\u093c\u093e \u0939\u0935\u093e \u092e\u0947\u0902 \u092c\u093e\u0939\u0930 \u0928\u093f\u0915\u0932\u0947, Dev \u0928\u0947 \u0939\u0932\u094d\u0915\u093e \u092e\u0939\u0938\u0942\u0938 \u0915\u093f\u092f\u093e\u0964 \u0905\u092c \u0909\u0928\u094d\u0939\u0947\u0902 \u0909\u091a\u094d\u091a\u0924\u092e \u0930\u093f\u091f\u0930\u094d\u0928 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0928\u0939\u0940\u0902 \u0925\u0940\u0964 \u0909\u0928\u094d\u0939\u0947\u0902 \u0938\u094d\u092e\u093e\u0930\u094d\u091f \u0930\u093f\u091f\u0930\u094d\u0928 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0925\u0940\u0964 \u0914\u0930 \u0907\u0938\u0928\u0947 \u0909\u0928\u0915\u0947 \u092e\u093e\u0930\u094d\u0915\u0947\u091f \u0926\u0947\u0916\u0928\u0947 \u0915\u0947 \u0928\u091c\u093c\u0930\u093f\u092f\u0947 \u0915\u094b \u092c\u0926\u0932 \u0926\u093f\u092f\u093e\u0964<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Do You Find This Interesting?<\/strong><\/p>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-ad2f72ca wp-block-group-is-layout-flex\">\n<p>We\u2019d Love to Hear from you<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/form.typeform.com\/to\/bpQ8ZlDc\"><img decoding=\"async\" width=\"300\" height=\"64\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/Yes-No-Button-1.png\" alt=\"yes or no feedback form\" class=\"wp-image-8271\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/Yes-No-Button-1.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/Yes-No-Button-1-150x32.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/figure>\n<\/div>\n\n\n\n<p><strong>DISCLAIMER:<\/strong>&nbsp;<strong>This story is a fictional illustration created for educational purposes.<\/strong>&nbsp;<strong>Investment in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Brokerage will not exceed the SEBI prescribed limit.<\/strong>&nbsp;<strong>Full disclaimer:&nbsp;<a href=\"https:\/\/bit.ly\/naviadisclaimer\">https:\/\/bit.ly\/naviadisclaimer<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coffee Shop \u092e\u0947\u0902 \u090f\u0915 \u0926\u094b\u0938\u094d\u0924\u093e\u0928\u093e \u092c\u0939\u0938 \u0907\u0938\u0915\u0940 \u0936\u0941\u0930\u0941\u0906\u0924 \u092c\u0947\u0902\u0917\u0932\u0941\u0930\u0941 \u0915\u0947 \u0915\u094b\u0930\u092e\u0902\u0917\u0932\u093e \u0915\u0947 \u090f\u0915 \u092d\u0940\u0921\u093c\u092d\u093e\u0921\u093c \u0935\u093e\u0932\u0947 coffee shop \u092e\u0947\u0902 \u090f\u0915 \u0938\u093e\u0927\u093e\u0930\u0923 \u0936\u0930\u094d\u0924 \u0938\u0947 \u0939\u0941\u0908\u0964 Startup founders \u0924\u0947\u091c\u093c\u0940 \u0938\u0947 type \u0915\u0930 \u0930\u0939\u0947 \u0925\u0947, baristas \u0928\u093e\u092e \u092a\u0941\u0915\u093e\u0930 \u0930\u0939\u0947 \u0925\u0947, \u0914\u0930 \u092c\u093e\u0939\u0930 \u0939\u094b\u0924\u0940 \u092c\u093e\u0930\u093f\u0936 \u0928\u0947 \u0915\u093e\u0902\u091a \u0915\u0940 \u0916\u093f\u0921\u093c\u0915\u093f\u092f\u094b\u0902 \u0915\u094b \u0927\u0941\u0902\u0927\u0932\u093e \u0915\u0930 \u0926\u093f\u092f\u093e \u0925\u093e\u0964 \u090f\u0915 \u0915\u094b\u0928\u0947 \u0935\u093e\u0932\u0940 \u092e\u0947\u091c \u092a\u0930 Dev [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16162,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[778],"tags":[11,7,21,1010],"class_list":["post-16163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ravivaar-ki-kahaniyaan","tag-financial-goals","tag-indian-stock-markets","tag-investments","tag-navia-all-in-one-app-2-hi"],"featured_image_src":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/02\/Coffee-shop-story-feature-image.jpeg","author_info":{"display_name":"Navia Markets","author_link":"https:\/\/navia.co.in\/blog\/author\/tradeplusonline\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/16163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/comments?post=16163"}],"version-history":[{"count":2,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/16163\/revisions"}],"predecessor-version":[{"id":16184,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/16163\/revisions\/16184"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media\/16162"}],"wp:attachment":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media?parent=16163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/categories?post=16163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/tags?post=16163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}