ERDCF (Erdene Resource Development) 1-Year Sharpe Ratio: 0.19 (As of Jul. 31, 2026)

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ERDCF Erdene Resource Development Corp ERDCF
32 GF Score
Price $3.81
! 1 Warning Sign
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What is Erdene Resource Development 1-Year Sharpe Ratio?

Erdene Resource Development ERDCF -2.81% 32 1-Year Sharpe Ratio is 0.19 as of Jul. 31, 2026. GuruFocus rates ERDCF with a GF Score™ of 32/100. 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 (2026-07-31), Erdene Resource Development's 1-Year Sharpe Ratio is 0.19.

Erdene Resource Development  (OTCPK:ERDCF) 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.

Erdene Resource Development 1-Year Sharpe Ratio Related Terms

Erdene Resource Development 1-Year Sharpe Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Erdene Resource Development'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.

Erdene Resource Development 1-Year Sharpe Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Erdene Resource Development's 1-Year Sharpe Ratio falls into.


ERDCF
32GF Score
Erdene Resource Development Corp ERDCF
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Erdene Resource Development 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 0.19 mean?
Erdene Resource Development (ERDCF) has a 1-Year Sharpe Ratio of 0.19 as of Jul. 31, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Erdene Resource Development and its competitors.
Is Erdene Resource Development's 1-Year Sharpe Ratio too high?
Erdene Resource Development's current 1-Year Sharpe Ratio is 0.19. Overall, Erdene Resource Development has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Erdene Resource Development's 1-Year Sharpe Ratio compare to competitors?
Erdene Resource Development's 1-Year Sharpe Ratio of 0.19 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 Erdene Resource Development and its competitors. Erdene Resource Development's current 1-Year Sharpe Ratio is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erdene Resource Development stock overvalued right now?
Erdene Resource Development (ERDCF) has a current 1-Year Sharpe Ratio of 0.19. The current 1-Year Sharpe Ratio is 0.19. Erdene Resource Development's overall GF Score™ is 32/100 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 Erdene Resource Development (ERDCF), the current 1-Year Sharpe Ratio is 0.19 as of Jul. 31, 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.

Erdene Resource Development Business Description

Other Exchanges E8K:GermanyERD:Canada
Address 170 Cromarty Drive, Suite 200, Dartmouth, NS, CAN, B3B 0G1
Erdene Resource Development Corp is a Canadian-based company focused on the acquisition, exploration, and development of large, high-grade, near-surface, precious and base metals deposits in underexplored and prospective Mongolia. Currently, the corporation's principal development is the Bayan Khundii Gold Project, located in Bayankhongor province, Mongolia. Its other exploration and evaluation assets consist of interests in the Zuun Mod, Greater Dark Horse, Altan Nar, Dark Horse, Ulaan, Tereg Uul, and other properties located in Mongolia.
32GF 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.

$3.81
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