SalMar ASA Treynor Ratio


NOK 345.20  0.80  0.23%   

SalMar ASA treynor-ratio technical analysis lookup allows you to check this and other technical indicators for SalMar ASA 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
SalMar ASA has current Treynor Ratio of 92.06. 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 
ER[a] = Expected return on investing in SalMar ASA
BETA = Beta coefficient between SalMar ASA and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

SalMar Treynor Ratio Relative To Other Indicators

SalMar ASA is rated second in treynor ratio category among related companies. It is currently regarded as top stock in maximum drawdown category among related companies reporting about  0.35  of Maximum Drawdown per Treynor Ratio. The ratio of Treynor Ratio to Maximum Drawdown for SalMar ASA is roughly  2.85 
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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