# Yahoo Information Ratio

The Macroaxis Technical Indicators lookup allows users to check a given indicator for any equity or select from a set of available 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
 Symbol
Yahoo Inc has current Information Ratio of 0.143. The Information Ratio is the ratio of the alpha component of total returns to the standard deviation of these excess alpha returns. The alpha component is the return that is attributable to the manager skill to time the market and is the residual after taking out the risk free return and the beta components from the total returns. While the Sharpe ratio considers the standard deviation of the total returns, the information ratio considers the variability of only the alpha component of the return (which also forms the numerator). In other words, the information ratio is merely Jensen alpha divided by its standard deviation.
Yahoo
 INFOR = ER[a] - ER[b] STD[a]
=
0.143
 ER[a] = Expected return on investing in Yahoo ER[b] = Expected return on market index or selected benchmark STD[a] = Standard Deviation of returns on Yahoo

## Information Ratio Comparison

Yahoo Inc is rated third in information ratio category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  19.83  of Maximum Drawdown per Information Ratio. The ratio of Maximum Drawdown to Information Ratio for Yahoo Inc is roughly  19.83
The higher the information ratio, the greater the chances of the manager to make money in the future. The information ratio only looks to compute the return per unit of risk undertaken for the alpha component. This is important because alpha returns are risky, as they represent a zero sum game for the market as a whole. In fact, average alpha for the market as a whole is in practice slightly less than zero because of transaction and other costs. Therefore it is easy for a manager to take on ?alpha risk? and lose money that will bite into the beta returns.
 Compare Yahoo to competition Predict Yahoo
Yahoo Inc., together with its subsidiaries, offer search and display advertising services on Yahoo properties and affiliate sites worldwide. more
 Name Yahoo Inc Instrument USA Stock Region North America Exchange NASDAQ CIK Number 01011006.0 ISIN US9843321061 CUSIP 984332106 Analyst Consensus Piotroski F Score Macroaxis Advice Currency USD - US Dollar
 Fundamentals Check Z Score View Details

## Technical Indicators

All Yahoo Technical Indicators