Tyntek Corp Treynor Ratio

2426 Stock  TWD 22.05  0.95  4.13%   
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Tyntek Corp has current Treynor Ratio of 0.3701. 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] - RFR

BETA

 = 
0.3701
ER[a] = Expected return on investing in Tyntek Corp
BETA = Beta coefficient between Tyntek Corp and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

Tyntek Corp Treynor Ratio Peers Comparison

-0.02130.37010.1943-0.28140.7601100%

Tyntek Treynor Ratio Relative To Other Indicators

Tyntek Corp is rated fifth in treynor ratio category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  40.43  of Maximum Drawdown per Treynor Ratio. The ratio of Maximum Drawdown to Treynor Ratio for Tyntek Corp is roughly  40.43 
JavaScript chart by amCharts 3.21.15305852452882A6697348124092426 051015 00.51.01.52.02.53.0
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.
Compare Tyntek Corp to Peers

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