Tactical Advantage Treynor Ratio
| FDAT ETF | | | 22.05 0.07 0.32% |
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 Tactical Advantage's current Treynor Ratio with peer comparisons and related risk metrics.
Current Treynor Ratio Value
At 0.0041, Tactical Advantage's Treynor Ratio indicates positive return per unit of systematic risk. Tactical Advantage has been compensated for its market exposure, though the margin is modest.
Treynor Ratio | = | ER[a] - RFRBETA |
| = | 0.0041 | |
| ER[a] | = | Expected return on investing in Tactical Advantage |
| BETA | = | Beta coefficient between Tactical Advantage and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Treynor Ratio Peers Comparison
The peer group averages -0.03 for Treynor Ratio, with Tactical Advantage at 0.0041 falling above that level. Readings span -3.0913 (Invesco) to 0.8969 (Overlay Shares Core). Tactical Advantage 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 Tactical Advantage 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.
Comparing Treynor Ratio (
0.00 ) to Maximum Drawdown (
3.45 ) for Tactical Advantage yields a
840.83 multiple. This indicates Maximum Drawdown substantially exceeds Treynor Ratio for Tactical Advantage.
Methodology, Assumptions & Data Sources
The current Treynor Ratio for Tactical Advantage is 0.0041. Tactical Advantage's Treynor Ratio is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
Other Technical Indicators