Electrocore LLC Information Ratio
| ECOR Stock | | | USD 6.75 0.05 0.75% |
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 Electrocore LLC's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
At 0.0917, Electrocore LLC exhibits positive but modest excess return per unit of tracking risk in Information Ratio. Electrocore LLC has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0917 | |
Information Ratio Peers Comparison
The peer group averages 0.02 for Information Ratio, with Electrocore LLC at 0.0917 falling above that level. Readings span -0.0923 (111 Inc) to 0.4384 (Zynex Inc). Electrocore LLC's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for Electrocore LLC 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.
Electrocore LLC's Information Ratio reads
0.09 while Maximum Drawdown reads
23.09 , a
251.80 ratio between the two. This indicates Maximum Drawdown substantially exceeds Information Ratio for Electrocore LLC.
Methodology, Assumptions & Data Sources
The current Information Ratio for Electrocore LLC is 0.0917. The Information Ratio for Electrocore LLC is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Electrocore LLC operates in the health care 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.
Other Technical Indicators