NOVONIX (FRA:GC3) 1-Year Sharpe Ratio: -1.04 (As of Jul. 25, 2026)

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FRA:GC3 NOVONIX Ltd FRA:GC3
37 GF Score
Price €0.09
! 4 Warning Signs
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What is NOVONIX 1-Year Sharpe Ratio?

NOVONIX FRA:GC3 -5.55% 37 1-Year Sharpe Ratio is -1.04 as of Jul. 25, 2026. GuruFocus rates FRA:GC3 with a GF Score™ of 37/100. 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 (2026-07-25), NOVONIX's 1-Year Sharpe Ratio is -1.04.

NOVONIX  (FRA:GC3) 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.

NOVONIX 1-Year Sharpe Ratio Related Terms

FRA:GC3 vs VRT, BE: 1-Year Sharpe Ratio Comparison

For the Electrical Equipment & Parts subindustry, NOVONIX'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.

NOVONIX 1-Year Sharpe Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NOVONIX's 1-Year Sharpe Ratio distribution charts can be found below:

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


FRA:GC3
37GF Score
NOVONIX Ltd FRA:GC3
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NOVONIX 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 -1.04 mean?
NOVONIX (FRA:GC3) has a 1-Year Sharpe Ratio of -1.04 as of Jul. 25, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for NOVONIX and its competitors.
Is NOVONIX's 1-Year Sharpe Ratio too high?
NOVONIX's current 1-Year Sharpe Ratio is -1.04. Overall, NOVONIX has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does NOVONIX's 1-Year Sharpe Ratio compare to VRT and BE?
NOVONIX's 1-Year Sharpe Ratio of -1.04 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good 1-Year Sharpe Ratio depends on the Industrial Products 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 NOVONIX and its competitors. NOVONIX's current 1-Year Sharpe Ratio is -1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOVONIX stock overvalued right now?
NOVONIX (FRA:GC3) has a current 1-Year Sharpe Ratio of -1.04. The current 1-Year Sharpe Ratio is -1.04. NOVONIX's overall GF Score™ is 37/100 with 4 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 NOVONIX (FRA:GC3), the current 1-Year Sharpe Ratio is -1.04 as of Jul. 25, 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.

NOVONIX Business Description

Address 1029 West 19th Street, Chattanooga, TN, USA, 37408
NOVONIX Ltd is a battery technology company developing and scaling materials and equipment critical to the lithium-ion battery supply chain. The company has three operating segments: Battery Materials: It develops and manufactures battery anode materials, ii) Battery Technology: It develops and manufactures battery cell testing equipment, performs consulting services and carries out research and development in battery development, and Graphite Exploration: It manages the maintenance and future development of Mount Dromedary natural graphite deposit. The majority of the company's revenue is derived from the Battery Technology segment. Geographically, the maximum revenue is derived from North America, followed by Asia, and Europe.
37GF 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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