CVS Health Treynor Ratio

CVS Health Corporation -- USA Stock  

USD 70.38  1.1  1.54%

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CVS Health Corporation has current Treynor Ratio of 0.6389. 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].
CVS Health 
Treynor Ratio 
 = 
ER[a] - RFR 
BETA 
 = 
0.6389
ER[a] =   Expected return on investing in CVS Health
BETA =   Beta coefficient between CVS Health and the market
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Treynor Ratio Comparison

CVS Health Corporation 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  9.22  of Maximum Drawdown per Treynor Ratio. The ratio of Maximum Drawdown to Treynor Ratio for CVS Health Corporation is roughly  9.22 
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 CVS Health to competition
CVS Health Corporationration, together with its subsidiaries, offer integrated pharmacy health care services. more
NameCVS Health Corporation
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
BBB+Good
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00064803.0
ISINUS1266501006
CUSIP126650100
CurrencyUSD - US Dollar