| 61F Stock | | | EUR 18.90 0.10 0.53% |
ELEMENT FLEET treynor-ratio technical analysis lookup allows you to check this and other technical indicators for ELEMENT FLEET MGMT or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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ELEMENT FLEET MGMT has current Treynor Ratio of 0.1211. The Treynor is the reward-to-volatility ratio that expresses the excess return to the beta of the equity or portfolio. It is similar to the Sharpe ratio, but instead of using volatility in the denominator, it uses the beta of equity or portfolio. Therefore, the Treynor Ratio is calculated as [(Portfolio return - Risk-free return)/Beta].
Treynor Ratio | = | ER[a] - RFRBETA |
| = | 0.1211 | |
| ER[a] | = | Expected return on investing in ELEMENT FLEET |
| BETA | = | Beta coefficient between ELEMENT FLEET and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
ELEMENT FLEET Treynor Ratio Peers Comparison
ELEMENT Treynor Ratio Relative To Other Indicators
ELEMENT FLEET MGMT is rated
fourth in treynor ratio category among its peers. It is rated
fourth in maximum drawdown category among its peers reporting about
99.12 of Maximum Drawdown per Treynor Ratio. The ratio of Maximum Drawdown to Treynor Ratio for ELEMENT FLEET MGMT is roughly
99.12 This ratio was developed by Jack Treynor to measure how well an investment has compensated its investors given its level of risk. The Treynor ratio relies on beta, which measures an investment sensitivity to market movements, to gauge risk. The premise underlying the Treynor ratio is that systematic risk--the kind of risk that is inherent to the entire market (represented by beta)--should be penalized because it cannot be diversified away.
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