Computer Task Treynor Ratio

CTG -- USA Stock  

Quarterly Earning Report: October 17, 2019  

Computer Task treynor-ratio technical analysis lookup allows you to check this and other technical indicators for Computer Task Group Incorporat 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
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Computer Task Group Incorporat has current Treynor Ratio of 0.4635. 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].
Treynor Ratio 
 = 
ER[a] - RFR 
BETA 
 = 
0.4635
ER[a] =   Expected return on investing in Computer Task
BETA =   Beta coefficient between Computer Task and the market
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Treynor Ratio Comparison

Computer Task Group Incorporat is rated second in treynor ratio category among related companies. It is rated below average in maximum drawdown category among related companies reporting about  26.98  of Maximum Drawdown per Treynor Ratio. The ratio of Maximum Drawdown to Treynor Ratio for Computer Task Group Incorporat is roughly  26.98 
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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