Black Canyon (ASX:BCA) 1-Year Sharpe Ratio: 1.12 (As of Jul. 28, 2026)

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Director of Data and Quant Analytics at GuruFocus
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ASX:BCA Black Canyon Ltd ASX:BCA
34 GF Score
Price A$0.29
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What is Black Canyon 1-Year Sharpe Ratio?

Black Canyon ASX:BCA +3.57% 34 1-Year Sharpe Ratio is 1.12 as of Jul. 28, 2026. GuruFocus rates ASX:BCA with a GF Score™ of 34/100.

The 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk over the past year. As of today (2026-07-28), Black Canyon's 1-Year Sharpe Ratio is 1.12.

Black Canyon  (ASX:BCA) 1-Year Sharpe Ratio Explanation

The 1-Year Sharpe Ratio inidicates the risk-adjusted return of an investment over the past year. It is calculated as the annualized result of the average monthly excess return divided by its standard deviation over the past year. 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.

Black Canyon 1-Year Sharpe Ratio Related Terms

Black Canyon 1-Year Sharpe Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Black Canyon's 1-Year Sharpe Ratio, along with its competitors' market caps and 1-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.

Black Canyon 1-Year Sharpe Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Black Canyon's 1-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where Black Canyon's 1-Year Sharpe Ratio falls into.


ASX:BCA
34GF Score
Black Canyon Ltd ASX:BCA
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Canyon 1-Year Sharpe Ratio Calculation

The 1-Year Sharpe Ratio measures the performance of an investment such as a stock or portfolio compared to a risk-free asset. A stock / portfolio's 1-Year Sharpe Ratio can be calculated by dividing the difference between the one-year returns of the investment and the risk-free rate, by the standard deviation of the investment returns over one year.

Frequently Asked Questions Learn more about 1-Year Sharpe Ratio →
What does a 1-Year Sharpe Ratio of 1.12 mean?
Black Canyon (ASX:BCA) has a 1-Year Sharpe Ratio of 1.12 as of Jul. 28, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Black Canyon and its competitors.
Is Black Canyon's 1-Year Sharpe Ratio too high?
Black Canyon's current 1-Year Sharpe Ratio is 1.12. Overall, Black Canyon has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Black Canyon's 1-Year Sharpe Ratio compare to competitors?
Black Canyon's 1-Year Sharpe Ratio of 1.12 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year Sharpe Ratio for a Metals & Mining company?
A good 1-Year Sharpe Ratio depends on the Metals & Mining industry context. However, 1-Year Sharpe Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 1-Year Sharpe Ratio mean?
A high 1-Year Sharpe Ratio can signal that a stock is expensive relative to its fundamentals. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Black Canyon and its competitors. Black Canyon's current 1-Year Sharpe Ratio is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Canyon stock overvalued right now?
Black Canyon (ASX:BCA) has a current 1-Year Sharpe Ratio of 1.12. The current 1-Year Sharpe Ratio is 1.12. Black Canyon's overall GF Score™ is 34/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year Sharpe Ratio calculated?
1-Year Sharpe Ratio is calculated from a company's financial statements. For Black Canyon (ASX:BCA), the current 1-Year Sharpe Ratio is 1.12 as of Jul. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Black Canyon Business Description

Address 35 Richardson Street, West Perth, Perth, WA, AUS, 6005
Black Canyon Ltd is engaged in exploring and developing mineral deposits in Australia and overseas, with a focus on base metals. Its Carawine Project contains exploration tenements prospective for manganese and copper. The company's project includes the Fig Tree project, the Wandanya project, the KR1/KR2 projects, and the Oakover West project. Geographically, the company operates within Australia.
34GF Score

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1-Year Sharpe Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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