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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 (2026-08-01), Compania deneamento de Minas Gerais - COPASA MG's 1-Year Sharpe Ratio is 2.68.
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) 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.
Compania deneamento de Minas Gerais - COPASA MG 1-Year Sharpe Ratio Related Terms
BSP:CSMG3 vs AWK, WTRG, AWR: 1-Year Sharpe Ratio Comparison
For the Utilities - Regulated Water subindustry, Compania deneamento de Minas Gerais - COPASA MG'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.
Compania deneamento de Minas Gerais - COPASA MG 1-Year Sharpe Ratio vs Utilities - Regulated Industry
Compania deneamento de Minas Gerais - COPASA MG 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.
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) has a 1-Year Sharpe Ratio of 2.68 as of Aug. 01, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Compania deneamento de Minas Gerais - COPASA MG and its competitors.
Is Compania deneamento de Minas Gerais - COPASA MG's 1-Year Sharpe Ratio too high?
Compania deneamento de Minas Gerais - COPASA MG's current 1-Year Sharpe Ratio is 2.68. Overall, Compania deneamento de Minas Gerais - COPASA MG has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compania deneamento de Minas Gerais - COPASA MG's 1-Year Sharpe Ratio compare to AWK and WTRG?
Compania deneamento de Minas Gerais - COPASA MG's 1-Year Sharpe Ratio of 2.68 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good 1-Year Sharpe Ratio depends on the Utilities - Regulated 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 Compania deneamento de Minas Gerais - COPASA MG and its competitors. Compania deneamento de Minas Gerais - COPASA MG's current 1-Year Sharpe Ratio is 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania deneamento de Minas Gerais - COPASA MG stock overvalued right now?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$25.08, compared to a current price of R$64.17 — trading 155.9% above its estimated fair value. The current 1-Year Sharpe Ratio is 2.68. Compania deneamento de Minas Gerais - COPASA MG's overall GF Score™ is 82/100 with 9 warning signs to review. 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 Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3), the current 1-Year Sharpe Ratio is 2.68 as of Aug. 01, 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.
Is Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Overvalued in 2026?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG stock appears to be overvalued.
The current stock price of R$64.17 is trading 155.9% above its estimated GF Value™ of R$25.08.
GuruFocus considers Compania deneamento de Minas Gerais - COPASA MG to be Significantly Overvalued.
Key valuation signals for BSP:CSMG3:
1-Year Sharpe Ratio: 2.68
GF Value™: R$25.08 vs. price of R$64.17 (155.9% above fair value)
No single metric tells the full story. See the BSP:CSMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Compania de Saneamento de Minas Gerais - COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Servicos de Irrigacao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Servicos de Irrigacao S.A. manages, performs, and sells irrigation system services. COPASA Aguas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where an amount of revenue is generated.
82GF Score
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