Alliance Entertainment Information Ratio
| AENT Stock | | | 7.40 0.07 0.95% |
The Information Ratio measures excess return (alpha) per unit of tracking error relative to a benchmark. Unlike the Sharpe Ratio, which uses total volatility, the Information Ratio isolates only the variability of the alpha component — the return attributable to active decisions rather than passive market exposure. Below is Alliance Entertainment's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
Alliance Entertainment carries a Information Ratio of 0.0699, consistent with positive but modest excess return per unit of tracking risk. Alliance Entertainment has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0699 | |
Information Ratio Peers Comparison
Alliance Entertainment's Information Ratio of 0.0699 falls below the 0.12 peer average. Values range from -0.1511 (Dave Busters Entertainment) to 0.3207 (Anterix), with wide dispersion across the group. Alliance Entertainment's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for Alliance Entertainment and its peers. Each point represents one equity — position along the horizontal axis shows Information Ratio while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Comparing Information Ratio (
0.07 ) to Maximum Drawdown (
23.90 ) for Alliance Entertainment yields a
341.97 multiple. This indicates Maximum Drawdown substantially exceeds Information Ratio for Alliance Entertainment.
Methodology, Assumptions & Data Sources
Alliance Entertainment's Information Ratio currently stands at 0.0699. Alliance Entertainment's Information Ratio is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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