GRVE (Groove Botanicals) 1-Year Sharpe Ratio: 0.42 (As of Aug. 23, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Groove Botanicals 1-Year Sharpe Ratio?

Groove Botanicals GRVE +2.44% 1-Year Sharpe Ratio is 0.42 as of Aug. 23, 2026.

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 (2026-08-23), Groove Botanicals's 1-Year Sharpe Ratio is 0.42.

Groove Botanicals  (OTCPK:GRVE) 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.

Groove Botanicals 1-Year Sharpe Ratio Related Terms

GRVE vs LEEN, SPOWF, PTCO: 1-Year Sharpe Ratio Comparison

For the Oil & Gas E&P subindustry, Groove Botanicals'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.

Groove Botanicals 1-Year Sharpe Ratio vs Oil & Gas Industry

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

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


Groove Botanicals 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 0.42 mean?
Groove Botanicals (GRVE) has a 1-Year Sharpe Ratio of 0.42 as of Aug. 23, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Groove Botanicals and its competitors.
Is Groove Botanicals' 1-Year Sharpe Ratio too high?
Groove Botanicals' current 1-Year Sharpe Ratio is 0.42.
How does Groove Botanicals' 1-Year Sharpe Ratio compare to LEEN and SPOWF?
Groove Botanicals' 1-Year Sharpe Ratio of 0.42 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 Groove Botanicals and its competitors. Groove Botanicals's current 1-Year Sharpe Ratio is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Groove Botanicals stock overvalued right now?
Groove Botanicals (GRVE) has a current 1-Year Sharpe Ratio of 0.42. The current 1-Year Sharpe Ratio is 0.42. 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 Groove Botanicals (GRVE), the current 1-Year Sharpe Ratio is 0.42 as of Aug. 23, 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.

Groove Botanicals Business Description

Industry EnergyOil & Gas
Address 310 Fourth Avenue South, Suite 7000, Minneapolis, MN, USA, 55415
Groove Botanicals Inc is Nevada Based corporation which engage its business development and asset acquisitions. The company also plan plan to assemble a portfolio of early-stage EV Battery Technologies developed from Universities in Norway, Sweden and Finland, and seek grants from the State of Minnesota.and the company previously engaged in oil and gas Production.