diff --git a/freqtrade/optimize/hyperopt_loss_sortino_daily.py b/freqtrade/optimize/hyperopt_loss_sortino_daily.py
index 31482b981..891e2bf1c 100644
--- a/freqtrade/optimize/hyperopt_loss_sortino_daily.py
+++ b/freqtrade/optimize/hyperopt_loss_sortino_daily.py
@@ -47,12 +47,12 @@ class SortinoHyperOptLossDaily(IHyperOptLoss):
         )
 
         total_profit = sum_daily["profit_percent_after_slippage"] - risk_free_rate
-        total_downside = sum_daily['downside_returns'] - risk_free_rate
         expected_returns_mean = total_profit.mean()
 
         sum_daily['downside_returns'] = 0
         sum_daily.loc[total_profit < 0,
                       'downside_returns'] = sum_daily['profit_percent_after_slippage']
+        total_downside = sum_daily['downside_returns'] - risk_free_rate
         down_stdev = total_downside.std()
 
         if (down_stdev != 0.):