Cambria Micro Treynor Ratio
| MYLD ETF | | | 30.32 0.07 0.23% |
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 Cambria Micro's current Treynor Ratio with peer comparisons and related risk metrics.
Current Treynor Ratio Value
With Treynor Ratio at 0.006, Cambria Micro shows positive return per unit of systematic risk. Cambria Micro has been compensated for its market exposure, though the margin is modest.
Treynor Ratio | = | ER[a] - RFRBETA |
| = | 0.006 | |
| ER[a] | = | Expected return on investing in Cambria Micro |
| BETA | = | Beta coefficient between Cambria Micro and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Treynor Ratio Peers Comparison
Relative to peers, Cambria Micro's Treynor Ratio is below the group average of 0.09. Peer readings range from -0.0077 (Dana Concentrated Dividend) to 0.4069 (Matthews China Discovery), reflecting wide dispersion across the sector. Cambria Micro 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 Cambria Micro 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.
With Treynor Ratio at
0.01 and Maximum Drawdown at
4.22 , Cambria Micro shows a
704.10 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Treynor Ratio for Cambria Micro.
Methodology, Assumptions & Data Sources
Cambria Micro has a current Treynor Ratio reading of 0.006. This Treynor Ratio reading for Cambria Micro results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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