OceanaGold Treynor Ratio
| OGC Stock | | | CAD 43.65 2.21 5.33% |
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 OceanaGold's current Treynor Ratio with peer comparisons and related risk metrics.
Current Treynor Ratio Value
At
-0.06, OceanaGold exhibits negative return per unit of systematic risk in Treynor Ratio. OceanaGold has not been compensated for the market risk it carries — systematic exposure has produced negative returns over the measured period.
Treynor Ratio | = | ER[a] - RFRBETA |
| = | -0.06 | |
| ER[a] | = | Expected return on investing in OceanaGold |
| BETA | = | Beta coefficient between OceanaGold and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Treynor Ratio Peers Comparison
Relative to peers, OceanaGold's Treynor Ratio is below the group average of 0.02. Peer readings range from -0.1159 (Artemis Gold) to 0.224 (SSR Mining), reflecting wide dispersion across the sector. OceanaGold 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 OceanaGold 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.
Compare OceanaGold to PeersMethodology, Assumptions & Data Sources
OceanaGold has a current Treynor Ratio reading of -0.06. Treynor Ratio for OceanaGold is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. 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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