| HNVRX Fund | | | USD 46.05 0.75 1.66% |
Harbor Small treynor-ratio technical analysis lookup allows you to check this and other technical indicators for Harbor Small Cap or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
Equity Screeners to view more equity screening tools
Harbor Small Cap has current Treynor Ratio of 0.0998. The Treynor is the reward-to-volatility ratio that expresses the excess return to the beta of the equity or portfolio. It is similar to the Sharpe ratio, but instead of using volatility in the denominator, it uses the beta of equity or portfolio. Therefore, the Treynor Ratio is calculated as [(Portfolio return - Risk-free return)/Beta].
Treynor Ratio | = | ER[a] - RFRBETA |
| = | 0.0998 | |
| ER[a] | = | Expected return on investing in Harbor Small |
| BETA | = | Beta coefficient between Harbor Small and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Harbor Small Treynor Ratio Peers Comparison
Harbor Treynor Ratio Relative To Other Indicators
Harbor Small Cap is rated
# 4 fund in treynor ratio among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
78.30 of Maximum Drawdown per Treynor Ratio. The ratio of Maximum Drawdown to Treynor Ratio for Harbor Small Cap is roughly
78.30 This ratio was developed by Jack Treynor to measure how well an investment has compensated its investors given its level of risk. The Treynor ratio relies on beta, which measures an investment sensitivity to market movements, to gauge risk. The premise underlying the Treynor ratio is that systematic risk--the kind of risk that is inherent to the entire market (represented by beta)--should be penalized because it cannot be diversified away.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.