Antero Midstream Treynor Ratio
| AM Stock | | | USD 21.78 -0.21 -0.95% |
The Treynor Ratio measures excess return per unit of systematic risk (beta) rather than total risk. It is calculated as (Portfolio Return - Risk-Free Rate) / Beta, isolating how well the asset compensates investors for market exposure that cannot be diversified away. Below is Antero Midstream's current Treynor Ratio with peer comparisons and related risk metrics.
Current Treynor Ratio Value
A Treynor Ratio of
-1.43 for Antero Midstream signals negative return per unit of systematic risk. Antero Midstream has not been compensated for the market risk it carries — systematic exposure has produced negative returns over the measured period.
Treynor Ratio | = | ER[a] - RFRBETA |
| = | -1.43 | |
| ER[a] | = | Expected return on investing in Antero Midstream |
| BETA | = | Beta coefficient between Antero Midstream and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Treynor Ratio Peers Comparison
The peer group averages -1.33 for Treynor Ratio, with Antero Midstream at -1.4275 falling below that level. Readings span -8.4645 (Hess Midstream Partners) to 0.5072 (National Fuel Gas). Antero Midstream has earned less return per unit of systematic risk than the peer average.
Treynor Ratio Relative To Other Indicators
The chart below plots Treynor Ratio against Maximum Drawdown for Antero Midstream and its peers. Each point represents one equity — position along the horizontal axis shows Treynor 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.
Compare Antero Midstream to PeersMethodology, Assumptions & Data Sources
Antero Midstream has a current Treynor Ratio reading of -1.43. The Treynor Ratio for Antero Midstream applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Antero Midstream operates in the energy sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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