Inhibrx Treynor Ratio

INBX -  USA Stock  

USD 41.72  1.27  3.14%

Inhibrx treynor-ratio technical analysis lookup allows you to check this and other technical indicators for Inhibrx 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

Inhibrx Technical Indicator 

 
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Inhibrx has current Treynor Ratio of 0.4852. 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 
 = 
0.4852
ER[a] = Expected return on investing in Inhibrx
BETA = Beta coefficient between Inhibrx and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

Inhibrx Treynor Ratio Peers Comparison

Inhibrx Treynor Ratio Relative To Other Indicators

Inhibrx is rated second overall in treynor ratio category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  61.58  of Maximum Drawdown per Treynor Ratio. The ratio of Maximum Drawdown to Treynor Ratio for Inhibrx is roughly  61.58 
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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