Norwest Minerals (ASX:NWM) 1-Year Sharpe Ratio: 0.04 (As of Jul. 19, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Norwest Minerals 1-Year Sharpe Ratio?

Norwest Minerals ASX:NWM 1-Year Sharpe Ratio is 0.04 as of Jul. 19, 2026. The stock has 4 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 (2026-07-19), Norwest Minerals's 1-Year Sharpe Ratio is 0.04.

Norwest Minerals  (ASX:NWM) 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.

Norwest Minerals 1-Year Sharpe Ratio Related Terms

ASX:NWM vs NEM, AU: 1-Year Sharpe Ratio Comparison

For the Gold subindustry, Norwest Minerals'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.

Norwest Minerals 1-Year Sharpe Ratio vs Metals & Mining Industry

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

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


Norwest Minerals 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 0.04 mean?
Norwest Minerals (ASX:NWM) has a 1-Year Sharpe Ratio of 0.04 as of Jul. 19, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Norwest Minerals and its competitors.
Is Norwest Minerals' 1-Year Sharpe Ratio too high?
Norwest Minerals' current 1-Year Sharpe Ratio is 0.04.
How does Norwest Minerals' 1-Year Sharpe Ratio compare to NEM and AU?
Norwest Minerals' 1-Year Sharpe Ratio of 0.04 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 Norwest Minerals and its competitors. Norwest Minerals's current 1-Year Sharpe Ratio is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwest Minerals stock overvalued right now?
Norwest Minerals (ASX:NWM) has a current 1-Year Sharpe Ratio of 0.04. The current 1-Year Sharpe Ratio is 0.04. 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 Norwest Minerals (ASX:NWM), the current 1-Year Sharpe Ratio is 0.04 as of Jul. 19, 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.

Norwest Minerals Business Description

Other Exchanges NRWMF:USA
Address 7 Ventnor Avenue, Suite 1A, First Floor, West Perth, Perth, WA, AUS, 6005
Norwest Minerals Ltd is a Western Australian explorer focused on rare earth elements, copper, gold, and base metals. Its key projects include the Bulgera Gold Project with gold resources, the Marymia East project targeting gold and base metals, and the Arunta West Project, where recent drilling revealed silver, base metals, and titanium mineralisation. The company also owns the Bali Copper and Marriott Nickel projects, advancing exploration and seeking development partners.