MYR Treynor Ratio
| MYRG Stock | | | USD 437.86 10.48 2.45% |
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 MYR's current Treynor Ratio with peer comparisons and related risk metrics.
Current Treynor Ratio Value
The Treynor Ratio of 27.42 for MYR indicates strong return per unit of systematic risk. MYR has been well compensated for the market risk it carries.
Treynor Ratio | = | ER[a] - RFRBETA |
| = | 27.42 | |
| ER[a] | = | Expected return on investing in MYR |
| BETA | = | Beta coefficient between MYR and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Treynor Ratio Peers Comparison
MYR falls above the 1.16 peer average for Treynor Ratio. Everus Construction Group leads at 15.56 while Granite Construction Incorporated registers the lowest at -1.8949. MYR has earned more 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 MYR 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.
MYR records a Treynor Ratio of
27.42 and a Maximum Drawdown of
22.79 , yielding roughly
0.83 units of Maximum Drawdown per Treynor Ratio. This indicates Maximum Drawdown runs moderately below Treynor Ratio for MYR. MYR Group carries a
1.20 x Treynor Ratio-to-Maximum Drawdown ratio
Methodology, Assumptions & Data Sources
The current Treynor Ratio for MYR is 27.42. This Treynor Ratio reading for MYR results from applying the indicator's calculation rules to price and volume data over the selected window. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. MYR operates in the industrials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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