| UNIC Stock | | | IDR 7,950 25.00 0.32% |
Unggul Indah treynor-ratio technical analysis lookup allows you to check this and other technical indicators for Unggul Indah Cahaya or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Unggul Indah Cahaya has current Treynor Ratio of
(0.08). The Treynor is the reward-to-volatility ratio that expresses the excess return to the beta of the equity or portfolio. It is similar to the Sharpe ratio, but instead of using volatility in the denominator, it uses the beta of equity or portfolio. Therefore, the Treynor Ratio is calculated as [(Portfolio return - Risk-free return)/Beta].
Treynor Ratio | = | ER[a] - RFRBETA |
| = | (0.08) | |
| ER[a] | = | Expected return on investing in Unggul Indah |
| BETA | = | Beta coefficient between Unggul Indah and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Unggul Indah Treynor Ratio Peers Comparison
Unggul Treynor Ratio Relative To Other Indicators
Unggul Indah Cahaya is rated
fourth in treynor ratio category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
This ratio was developed by Jack Treynor to measure how well an investment has compensated its investors given its level of risk. The Treynor ratio relies on beta, which measures an investment sensitivity to market movements, to gauge risk. The premise underlying the Treynor ratio is that systematic risk--the kind of risk that is inherent to the entire market (represented by beta)--should be penalized because it cannot be diversified away.
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