Calian Technologies Information Ratio
| CGY Stock | | | CAD 69.47 -1.19 -1.68% |
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 Calian Technologies's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
The Information Ratio of 0.0432 for Calian Technologies indicates positive but modest excess return per unit of tracking risk. Calian Technologies has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0432 | |
Information Ratio Peers Comparison
Calian Technologies's Information Ratio of 0.0432 falls below the 0.05 peer average. Values range from -0.0908 (Ag Growth International) to 0.2035 (K Bro Linen), with wide dispersion across the group. Calian Technologies'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 Calian Technologies 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.
Calian Technologies shows nearly
254.44 of Maximum Drawdown per unit of Information Ratio (
0.04 versus
10.99 ). This indicates Maximum Drawdown substantially exceeds Information Ratio for Calian Technologies.
Methodology, Assumptions & Data Sources
Calian Technologies' Information Ratio currently stands at 0.0432. This Information Ratio reading for Calian Technologies 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. Calian Technologies operates in the industrials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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