Metalla Royalty Information Ratio
| MTA Stock | | | CAD 9.64 0.40 4.33% |
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 Metalla Royalty's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
Metalla Royalty carries a Information Ratio of 0.0136, consistent with positive but modest excess return per unit of tracking risk. Metalla Royalty has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0136 | |
Information Ratio Peers Comparison
Among sector peers, Metalla Royalty's Information Ratio of 0.0136 is below the 0.04 group average. The range runs from -0.0666 (Avino Silver Gold) to 0.1764 (Sigma Lithium Resources). Metalla Royalty'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 Metalla Royalty 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.
Metalla Royalty produces
1,135 in Maximum Drawdown for each unit of Information Ratio, with respective readings of
15.44 and
0.01 . This indicates Maximum Drawdown substantially exceeds Information Ratio for Metalla Royalty.
Methodology, Assumptions & Data Sources
Metalla Royalty has a current Information Ratio reading of 0.0136. The Information Ratio for Metalla Royalty is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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