Best Buy Treynor Ratio

Best Buy Co Inc -- USA Stock  

USD 53.90  0.050000  0.090000%

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Best Buy Co Inc has current Treynor Ratio of 0.4659. The Treynor is 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].
Best Buy 
Treynor Ratio 
 = 
ER[a] - RFR 
BETA 
 = 
0.4659
ER[a] =   Expected return on investing in Best Buy
BETA =   Beta coefficient between Best Buy and the market
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Treynor Ratio Comparison

Best Buy Co Inc is number one stock in treynor ratio category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  27.68  of Maximum Drawdown per Treynor Ratio. The ratio of Maximum Drawdown to Treynor Ratio for Best Buy Co Inc is roughly  27.68 
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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Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. more
NameBest Buy Co Inc
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00764478.0
ISINUS0865161014
CUSIP086516101
CurrencyUSD - US Dollar