COCOS BCX Treynor Ratio

COCOS
  

USD 0.51  0.0161  3.06%   

COCOS BCX treynor-ratio technical analysis lookup allows you to check this and other technical indicators for COCOS BCX 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 Equity Screeners to view more equity screening tools
  
COCOS BCX has current Treynor Ratio of 202.61. 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 
 = 
202.61
ER[a] = Expected return on investing in COCOS BCX
BETA = Beta coefficient between COCOS BCX and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

COCOS BCX Treynor Ratio Peers Comparison

COCOS Treynor Ratio Relative To Other Indicators

COCOS BCX cannot be rated in Treynor Ratio category at this point. It cannot be rated in Maximum Drawdown category at this point. reporting about  633.57  of Maximum Drawdown per Treynor Ratio. The ratio of Maximum Drawdown to Treynor Ratio for COCOS BCX is roughly  633.57 
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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