Risk adjusted annualized returns above the risk free rate. So all alpha. You need to perform better than the closest metric of beta for your portfolio. This is how all Wall Street or funds measures you if you are a trader at a bank or fund. This is how I was measured One of the metrics is Ofcourse sharpe, sortino and Treynor is good to with mix of VAR. If you take massive bets high risk bets and win once in a while but make a ton that’s not a good trader. Your drawdowns matter too. So outsider risk, volatility of your portfolio, how much you perform better than beta and max drawdown. All has to be relative to the size of your portfolio. When I was at banks absolute return mattered a lot, at pension fund , relative return. And when I was at hedge fund a mix of absolute return, VaR and max drawdown. Everything else is qualitative and doesn’t mean shit.