GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Lake Exploration Inc (OTCPK:GOLXF) » Definitions » 3-Year Sharpe Ratio

GOLXF (Golden Lake Exploration) 3-Year Sharpe Ratio : -0.17 (As of Jul. 11, 2025)


View and export this data going back to 2020. Start your Free Trial

What is Golden Lake Exploration 3-Year Sharpe Ratio?

The 3-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk over the past three years. As of today (2025-07-11), Golden Lake Exploration's 3-Year Sharpe Ratio is -0.17.


Competitive Comparison of Golden Lake Exploration's 3-Year Sharpe Ratio

For the Other Industrial Metals & Mining subindustry, Golden Lake Exploration's 3-Year Sharpe Ratio, along with its competitors' market caps and 3-Year Sharpe Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Golden Lake Exploration's 3-Year Sharpe Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Golden Lake Exploration's 3-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where Golden Lake Exploration's 3-Year Sharpe Ratio falls into.


;
;

Golden Lake Exploration 3-Year Sharpe Ratio Calculation

The 3-Year Sharpe Ratio measures the performance of an investment such as a stock or portfolio compared to a risk-free asset in the last three years. A stock / portfolio's 3-Year Sharpe Ratio can be calculated by dividing the difference between the three-year average monthly returns of the investment and the risk-free rate, by the standard deviation of the investment returns over the past three years.


Golden Lake Exploration  (OTCPK:GOLXF) 3-Year Sharpe Ratio Explanation

The 3-Year Sharpe Ratio inidicates the risk-adjusted return of an investment over the past three years. It is calculated as the annualized result of the average three-year monthly excess returns divided by its standard deviation in the three-year period. The monthly excess return is the monthly investment return minus the monthly risk-free rate (typically the 10-year Treasury Constant Maturity Rate). If the risk-free rate for a specific region is not available, U.S. data is used by default.

The greater a portfolio's Sharpe Ratio, the better its risk-adjusted performance. A negative Sharpe Ratio means the risk-free rate is greater than the portfolio’s historical or projected return, or else the portfolio's return is expected to be negative.


Golden Lake Exploration 3-Year Sharpe Ratio Related Terms

Thank you for viewing the detailed overview of Golden Lake Exploration's 3-Year Sharpe Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden Lake Exploration Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
Golden Lake Exploration Inc is a Canada-based company engaged in the acquisition and exploration of mineral property assets. It holds interests in the projects of Jewel Ridge Project, Copperview Project, Conglin Creek Copper Project, Full Monty Property, Deadman Lake, and South Dill Project.