IDACORP Treynor Ratio
| IDA Stock | | | USD 144.00 0.83 0.58% |
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 IDACORP's current Treynor Ratio with peer comparisons and related risk metrics.
Current Treynor Ratio Value
IDACORP has a Treynor Ratio of 2.47, indicating strong return per unit of systematic risk. IDACORP has been well compensated for the market risk it carries.
Treynor Ratio | = | ER[a] - RFRBETA |
| = | 2.47 | |
| ER[a] | = | Expected return on investing in IDACORP |
| BETA | = | Beta coefficient between IDACORP and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Treynor Ratio Peers Comparison
IDACORP's Treynor Ratio of 2.47 falls below the 4.55 peer average. Values range from -0.4483 (MGE Energy) to 24.55 (Allete Inc), with wide dispersion across the group. IDACORP has earned less 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 IDACORP 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.
IDACORP's Maximum Drawdown of
5.71 runs about
2.31 times its Treynor Ratio of
2.47 . This indicates Maximum Drawdown is significantly higher than Treynor Ratio for IDACORP.
Methodology, Assumptions & Data Sources
The current Treynor Ratio for IDACORP is 2.47. This Treynor Ratio reading for IDACORP 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. IDACORP operates in the utilities 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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