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Treynor Index

A measure of a portfolio's excess return per unit of risk, equal to the portfolio's rate of return minus the risk-free rate of return, divided by the portfolio's beta. This is a similar ratio to the Sharpe ratio, except that the portfolio's beta is considered the measure of risk as opposed to the variance of portfolio returns. This is useful for assessing the excess return from each unit of systematic risk, enabling investors to evaluate how structuring the portfolio to different levels of systematic risk will affect returns.

Related information about Treynor Index:
  1. Treynor Index Definition | Investopedia
    The Treynor Index measures a portfolio's excess return per unit of risk, using beta as the risk measure; the higher this number, the greater "excess return" being ...
     
  2. What is Treynor Index? definition and meaning
    Definition of Treynor Index: A measure of a portfolio's excess return per unit of risk, equal to the portfolio's rate of return minus the risk-free rate of return, divided ...
     
  3. Treynor Index - Financial Dictionary - The Free Dictionary
    A measure of the excess return per unit of risk, where excess return is defined as the difference between the portfolio's return and the risk-free rate of return over ...
     
  4. Finplan.com - Treynor Performance Index
    Portfolio performance assessment - Sharpe Performance Index.
     
  5. What is the Treynor Index?
    The Treynor index or Treynor ratio, also referred to as the reward-to-volatility ratio , is an investment measurement index invented by Jack Treynor that indicates ...
     
  6. Treynor index - Moneyterms home
    The Treynor index is a risk adjusted measure of portfolio performance, not unlike the Sharpe ratio. The Treynor index only adjusts for non-diversifiable risk, ...
     
  7. Treynor ratio - Wikipedia, the free encyclopedia
    The Treynor ratio (sometimes called the reward-to-volatility ratio or Treynor measure), named after Jack L. Treynor, is a measurement of the returns earned in ...
     
  8. Treynor Index - Bizterms.net
    Treynor's T is a measure of the excess return per unit of risk, where excess return is defined as the difference between the portfolio's return and the risk-free rate ...