NXDR Information Ratio
| NXDR Stock | | | 2.02 0.10 5.21% |
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 NXDR's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
NXDR carries a Information Ratio of 0.0611, consistent with positive but modest excess return per unit of tracking risk. NXDR has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0611 | |
Information Ratio Peers Comparison
NXDR's Information Ratio of 0.0611 falls below the 0.08 peer average. Values range from -0.1221 (Boston Omaha Corp) to 0.1748 (Starbox Group Holdings), with wide dispersion across the group. NXDR'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 NXDR 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.
NXDR's Information Ratio reads
0.06 while Maximum Drawdown reads
9.48 , a
155.11 ratio between the two. This indicates Maximum Drawdown substantially exceeds Information Ratio for NXDR.
Methodology, Assumptions & Data Sources
NXDR's Information Ratio currently stands at 0.0611. The Information Ratio for NXDR applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. NXDR operates in the information technology sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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