Renew Energy Information Ratio
| RNW Stock | | | USD 5.30 -0.08 -1.49% |
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 Renew Energy's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
At
-0.03, Renew Energy exhibits slight underperformance relative to the benchmark on a risk-adjusted basis in Information Ratio. The negative value indicates Renew Energy has not kept pace with its benchmark after accounting for tracking error.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | -0.03 | |
Information Ratio Peers Comparison
The peer group averages 0.0 for Information Ratio, with Renew Energy at -0.0307 falling below that level. Readings span -0.2064 (Fluence Energy) to 0.1793 (Kenon Holdings). Renew Energy'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 Renew Energy 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.
Compare Renew Energy to PeersMethodology, Assumptions & Data Sources
Renew Energy's Information Ratio currently stands at -0.03. Renew Energy's Information Ratio is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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