Apple Treynor Ratio

Apple Inc has current Treynor Ratio of (0.25). 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].
Apple 
Treynor Ratio 
 = 
ER[a] - RFR 
BETA 
 = 
(0.25)
ER[a] =   Expected return on investing in Apple
BETA =   Beta coefficient between Apple and the market
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Treynor Ratio Comparison

Apple Inc is rated below average in treynor ratio category among related companies. It is rated fourth in maximum drawdown category among related companies .
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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Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and midsized businesses, and education, enterprise, and government customers worldwide. more
NameApple Inc
InstrumentUSA Stock
RegionNorth America
ExchangeNASDAQ
CIK Number00320193.0
ISINUS0378331005
CUSIP037833100,378331003
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating