AnGes Treynor Ratio vs. Kurtosis

AMGXF Stock  USD 0.46  0.00  0.00%   
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AnGes Inc has current Treynor Ratio of 2.18. 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

 = 
2.18
ER[a] = Expected return on investing in AnGes
BETA = Beta coefficient between AnGes and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

AnGes Treynor Ratio Peers Comparison

AnGes Treynor Ratio Relative To Other Indicators

AnGes Inc is number one stock in treynor ratio category among related companies. It is currently under evaluation in kurtosis category among related companies making up about  15.80  of Kurtosis per Treynor Ratio. The ratio of Kurtosis to Treynor Ratio for AnGes Inc is roughly  15.80 
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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