Horace Mann Information Ratio
| HMN Stock | | | USD 45.15 -0.50 -1.10% |
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 Horace Mann's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
At 0.0104, Horace Mann exhibits positive but modest excess return per unit of tracking risk in Information Ratio. Horace Mann has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0104 | |
Information Ratio Peers Comparison
The peer group averages 0.03 for Information Ratio, with Horace Mann at 0.0104 falling below that level. Readings span -0.0823 (Aspen Insurance Holdings) to 0.1088 (OFG Bancorp). Horace Mann'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 Horace Mann 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.
Horace Mann shows nearly
637.78 of Maximum Drawdown per unit of Information Ratio (
0.01 versus
6.63 ). This indicates Maximum Drawdown substantially exceeds Information Ratio for Horace Mann.
Methodology, Assumptions & Data Sources
Horace Mann has a current Information Ratio reading of 0.0104. This Information Ratio reading for Horace Mann results from applying the indicator's calculation rules to price and volume data over the selected window. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Horace Mann operates in the financial services 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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