Network Media Treynor Ratio
| NETWF Stock | | | USD 0.05 -0.01 -15.11% |
This module presents the Treynor Ratio indicator for Network Media Group using available market inputs. The underlying data comes from exchange-reported trading records. Coverage differences may occur across instruments and market segments. This dataset is part of a broader indicator framework including
Equity Screeners. Network Media has a market cap of 5.16 M, operating margin of -0.19%, ROE of -4.52%. See
Correlation Analysis for additional portfolio context. The allocation summary reflects available position data. Portfolio metrics are derived from available position data. This reflects a position in Network Media Group. This is situated within the portfolio mix. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Network Media Group has current Treynor Ratio of
-0.26. 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] - RFRBETA |
| = | -0.26 | |
| ER[a] | = | Expected return on investing in Network Media |
| BETA | = | Beta coefficient between Network Media and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Treynor Ratio Peers Comparison
Treynor Ratio Relative To Other Indicators
Network Media Group is rated
below average in treynor ratio across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
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 Network Media to Peers
Other Technical Indicators