Altigen Communications Treynor Ratio
Current Treynor Ratio Value
Altigen Communications registers a Treynor Ratio of
-0.37, reflecting negative return per unit of systematic risk. Altigen Communications 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 |
| = | -0.37 | |
| ER[a] | = | Expected return on investing in Altigen Communications |
| BETA | = | Beta coefficient between Altigen Communications and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Treynor Ratio Peers Comparison
Among sector peers, Altigen Communications's Treynor Ratio of -0.3666 is above the -0.95 group average. The range runs from -4.5615 (Rubicon Technology) to 1.3 (Cytta Corp). Altigen Communications has earned more 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 Altigen Communications 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 Altigen Communications to PeersMethodology, Assumptions & Data Sources
Altigen Communications' Treynor Ratio currently stands at -0.37. Treynor Ratio for Altigen Communications is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
Other Technical Indicators