Profound Medical Information Ratio
| PROF Stock | | | USD 7.26 0.04 0.55% |
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 Profound Medical's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
Profound Medical registers a Information Ratio of 0.0647, reflecting positive but modest excess return per unit of tracking risk. Profound Medical has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0647 | |
Information Ratio Peers Comparison
Profound Medical's Information Ratio of 0.0647 falls above the -0.02 peer average. Values range from -0.2052 (LENSAR Inc) to 0.1037 (Anteris Technologies Global), with tight clustering across the group. Profound 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 Profound 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.
Profound Medical records a Information Ratio of
0.06 and a Maximum Drawdown of
35.04 , yielding roughly
541.65 units of Maximum Drawdown per Information Ratio. This indicates Maximum Drawdown substantially exceeds Information Ratio for Profound Medical.
Methodology, Assumptions & Data Sources
The current Information Ratio for Profound Medical is 0.0647. Information Ratio for Profound Medical is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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