Outset Medical Information Ratio
| OM Stock | | | USD 4.77 0.44 10.16% |
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 Outset Medical's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
Outset Medical carries a Information Ratio of 0.0478, consistent with positive but modest excess return per unit of tracking risk. Outset Medical has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0478 | |
Information Ratio Peers Comparison
Outset Medical's Information Ratio of 0.0478 falls above the -0.02 peer average. Values range from -0.2127 (SANUWAVE Health Common) to 0.1367 (Owens Minor), with tight clustering across the group. Outset Medical's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for Outset Medical 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.
Outset Medical shows nearly
410.73 of Maximum Drawdown per unit of Information Ratio (
0.05 versus
19.63 ). This indicates Maximum Drawdown substantially exceeds Information Ratio for Outset Medical.
Methodology, Assumptions & Data Sources
Outset Medical has a current Information Ratio reading of 0.0478. The Information Ratio for Outset Medical is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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