Mount Ridley Mines (ASX:MRD) 1-Year Sharpe Ratio: 1.03 (As of Aug. 02, 2026)

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What is Mount Ridley Mines 1-Year Sharpe Ratio?

Mount Ridley Mines ASX:MRD 1-Year Sharpe Ratio is 1.03 as of Aug. 02, 2026. The stock has 2 warning signs investors should review.

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 (2026-08-02), Mount Ridley Mines's 1-Year Sharpe Ratio is 1.03.

Mount Ridley Mines  (ASX:MRD) 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.

Mount Ridley Mines 1-Year Sharpe Ratio Related Terms

Mount Ridley Mines 1-Year Sharpe Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mount Ridley Mines'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.

Mount Ridley Mines 1-Year Sharpe Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Mount Ridley Mines's 1-Year Sharpe Ratio falls into.


Mount Ridley Mines 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 1.03 mean?
Mount Ridley Mines (ASX:MRD) has a 1-Year Sharpe Ratio of 1.03 as of Aug. 02, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Mount Ridley Mines and its competitors.
Is Mount Ridley Mines' 1-Year Sharpe Ratio too high?
Mount Ridley Mines' current 1-Year Sharpe Ratio is 1.03.
How does Mount Ridley Mines' 1-Year Sharpe Ratio compare to competitors?
Mount Ridley Mines' 1-Year Sharpe Ratio of 1.03 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 Mount Ridley Mines and its competitors. Mount Ridley Mines's current 1-Year Sharpe Ratio is 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mount Ridley Mines stock overvalued right now?
Mount Ridley Mines (ASX:MRD) has a current 1-Year Sharpe Ratio of 1.03. The current 1-Year Sharpe Ratio is 1.03. 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 Mount Ridley Mines (ASX:MRD), the current 1-Year Sharpe Ratio is 1.03 as of Aug. 02, 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.

Mount Ridley Mines Business Description

Other Exchanges DDM:Germany
Address 168 Stirling Highway, Ground Floor, Nedlands, Perth, WA, AUS, 6009
Mount Ridley Mines Ltd is a mineral exploration company. It focuses on nickel and copper sulphide deposits in the Albany Fraser Range region of Western Australia. The company also explores cobalt, lead, zinc, silver,and gold. Its project Mt Ridley Project is comprised of four tenements in the prospective Albany-Fraser Province approximately 70kms north-east of Esperance in the prospective Albany-Fraser Belt of Western Australia. The Weld Range West Project is considered prospective for iron (Fe) and gold (Au), located 30 km west of the township of Cue.