COMRF (Comet Ridge) 1-Year Sharpe Ratio: -87.40 (As of Jul. 18, 2026)

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COMRF Comet Ridge Ltd COMRF
34 GF Score
Price $0.18
! 1 Warning Sign
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What is Comet Ridge 1-Year Sharpe Ratio?

Comet Ridge COMRF 34 1-Year Sharpe Ratio is -87.40 as of Jul. 18, 2026. GuruFocus rates COMRF with a GF Score™ of 34/100. The stock has 1 warning sign 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 (2026-07-18), Comet Ridge's 1-Year Sharpe Ratio is -87.40.

Comet Ridge  (OTCPK:COMRF) 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.

Comet Ridge 1-Year Sharpe Ratio Related Terms

COMRF vs COP, EOG, FANG: 1-Year Sharpe Ratio Comparison

For the Oil & Gas E&P subindustry, Comet Ridge'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.

Comet Ridge 1-Year Sharpe Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Comet Ridge's 1-Year Sharpe Ratio distribution charts can be found below:

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


COMRF
34GF Score
Comet Ridge Ltd COMRF
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Comet Ridge 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 -87.40 mean?
Comet Ridge (COMRF) has a 1-Year Sharpe Ratio of -87.40 as of Jul. 18, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Comet Ridge and its competitors.
Is Comet Ridge's 1-Year Sharpe Ratio too high?
Comet Ridge's current 1-Year Sharpe Ratio is -87.40. Overall, Comet Ridge has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Comet Ridge's 1-Year Sharpe Ratio compare to COP and EOG?
Comet Ridge's 1-Year Sharpe Ratio of -87.40 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good 1-Year Sharpe Ratio depends on the Oil & Gas 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 Comet Ridge and its competitors. Comet Ridge's current 1-Year Sharpe Ratio is -87.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Ridge stock overvalued right now?
Comet Ridge (COMRF) has a current 1-Year Sharpe Ratio of -87.40. The current 1-Year Sharpe Ratio is -87.40. Comet Ridge's overall GF Score™ is 34/100 with 1 warning sign 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 Comet Ridge (COMRF), the current 1-Year Sharpe Ratio is -87.40 as of Jul. 18, 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.

Comet Ridge Business Description

Industry EnergyOil & Gas
Other Exchanges COI:Australia
Address 410 Queen Street, Level 12, Brisbane, QLD, AUS, 4000
Comet Ridge Ltd is an Australian energy company focused on the development of natural gas for the supply-constrained east coast Australian market. It has tenement interests and a suite of prospective projects in Queensland. The company's flagship Mahalo Gas Hub area (Mahalo Gas Project) consists of high-quality natural gas resources with low CO2 and competitive production costs. The Mahalo Gas Hub contains gross 2P (Reserves) and 2C (Contingent Resources) of 676 Petajoules close to the Gladstone LNG export and domestic market precinct, as well as gas transport infrastructure. Additionally, the company also holds various permits in the eastern part of the Galilee Basin, and an exploration licence (PEL 427), in the northern Gunnedah Basin, New South Wales.
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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