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New Wave Group AB (OSTO:NEWA B) 3-Year Sharpe Ratio : 0.60 (As of Jul. 13, 2025)


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What is New Wave Group AB 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 (2025-07-13), New Wave Group AB's 3-Year Sharpe Ratio is 0.60.


Competitive Comparison of New Wave Group AB's 3-Year Sharpe Ratio

For the Specialty Retail subindustry, New Wave Group AB'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.


New Wave Group AB's 3-Year Sharpe Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New Wave Group AB's 3-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where New Wave Group AB's 3-Year Sharpe Ratio falls into.


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New Wave Group AB 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.


New Wave Group AB  (OSTO:NEWA B) 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.


New Wave Group AB 3-Year Sharpe Ratio Related Terms

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New Wave Group AB Business Description

Traded in Other Exchanges
Address
Kungsportsavenyen 10, Gothenburg, SWE, 41136
New Wave Group AB is a Sweden-based company that designs, acquires and develops brands and products in the corporate promo, gifts, and home furnishings sectors. The group achieves synergies by coordinating the design, purchasing, marketing, warehousing and distribution of its product range. To ensure good diversification, the Group markets its products in the corporate promo market and the retail market. The group divides its operations into three operating segments, Corporate, Sports and Leisure, and Gifts and Home Furnishings. It derives maximum revenue from Corporate segment.

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