Air Products Treynor Ratio
| APD Stock | | | USD 301.76 -1.89 -0.62% |
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 Air Products's current Treynor Ratio with peer comparisons and related risk metrics.
Current Treynor Ratio Value
Air Products carries a Treynor Ratio of
-3.62, consistent with negative return per unit of systematic risk. Air Products 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 |
| = | -3.62 | |
| ER[a] | = | Expected return on investing in Air Products |
| BETA | = | Beta coefficient between Air Products and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Treynor Ratio Peers Comparison
Among sector peers, Air Products's Treynor Ratio of -3.6172 is below the 0.17 group average. The range runs from -0.1436 (Barrick Mining) to 1.87 (Corteva). Air Products 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 Air Products 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 Air Products to PeersMethodology, Assumptions & Data Sources
Air Products' Treynor Ratio currently stands at -3.62. This Treynor Ratio reading for Air Products results from applying the indicator's calculation rules to price and volume data over the selected window. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Air Products operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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