Goobit Group AB (FRA:9AI) 1-Year Sharpe Ratio: -0.01 (As of Jul. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Goobit Group AB 1-Year Sharpe Ratio?

Goobit Group AB FRA:9AI +8.33% 1-Year Sharpe Ratio is -0.01 as of Jul. 29, 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 (2026-07-29), Goobit Group AB's 1-Year Sharpe Ratio is -0.01.

Goobit Group AB  (FRA:9AI) 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.

Goobit Group AB 1-Year Sharpe Ratio Related Terms

FRA:9AI vs SPGI, CME, ICE: 1-Year Sharpe Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Goobit Group AB'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.

Goobit Group AB 1-Year Sharpe Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Goobit Group AB's 1-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where Goobit Group AB's 1-Year Sharpe Ratio falls into.


Goobit Group AB 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 -0.01 mean?
Goobit Group AB (FRA:9AI) has a 1-Year Sharpe Ratio of -0.01 as of Jul. 29, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Goobit Group AB and its competitors.
Is Goobit Group AB's 1-Year Sharpe Ratio too high?
Goobit Group AB's current 1-Year Sharpe Ratio is -0.01.
How does Goobit Group AB's 1-Year Sharpe Ratio compare to SPGI and CME?
Goobit Group AB's 1-Year Sharpe Ratio of -0.01 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good 1-Year Sharpe Ratio depends on the Capital Markets 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 Goobit Group AB and its competitors. Goobit Group AB's current 1-Year Sharpe Ratio is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goobit Group AB stock overvalued right now?
Goobit Group AB (FRA:9AI) has a current 1-Year Sharpe Ratio of -0.01. The current 1-Year Sharpe Ratio is -0.01. 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 Goobit Group AB (FRA:9AI), the current 1-Year Sharpe Ratio is -0.01 as of Jul. 29, 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.

Goobit Group AB Business Description

Other Exchanges BTCX:Sweden
Address Stora Nygatan 28, Stockholm, SWE, 111 27
Goobit Group AB is a Swedish cryptocurrency and blockchain company. The company operates BTCX, a Bitcoin exchange platform, offering exchange services in Swedish kronor and euros. It operates under the brands BTCX Express Exchange, BTCX Standard Exchange and BTCX OTC Service. The company also provides AML Desk, a compliance service focused on anti-money laundering and crypto-asset risk assessment.