Olympic Steel Information Ratio
| ZEUSDelisted Delisted Stock | | | USD 47.86 -3.14 -6.16% |
Information Ratio for Olympic Steel is tracked, covering the current reading, formula details, and peer comparison data. Comparative analysis against peers and the instrument's own history strengthens interpretation.
Olympic Steel Volatility and
Olympic Steel Price History offer additional context on Olympic Steel.
Current Information Ratio Value
At 0.2124, Olympic Steel exhibits positive but modest excess return per unit of tracking risk in Information Ratio. Olympic Steel has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.2124 | |
Information Ratio Peers Comparison
The peer group averages 0.02 for Information Ratio, with Olympic Steel at 0.2124 falling above that level. Readings span -0.148 (Hudson Technologies) to 0.1479 (New Pacific Metals). Olympic Steel'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 Olympic Steel 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.
Comparing Information Ratio (
0.21 ) to Maximum Drawdown (
10.97 ) for Olympic Steel yields a
51.63 multiple. This indicates Maximum Drawdown substantially exceeds Information Ratio for Olympic Steel.
Methodology, Assumptions & Data Sources
Olympic Steel has a current Information Ratio reading of 0.2124. Information Ratio for Olympic Steel is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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