NEXNF (NEXE Innovations) 1-Year Sharpe Ratio: -0.48 (As of Jul. 22, 2026)

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NEXNF NEXE Innovations Inc NEXNF
32 GF Score
Price $0.09
! 2 Warning Signs
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What is NEXE Innovations 1-Year Sharpe Ratio?

NEXE Innovations NEXNF -5.49% 32 1-Year Sharpe Ratio is -0.48 as of Jul. 22, 2026. GuruFocus rates NEXNF with a GF Score™ of 32/100. 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 (2026-07-22), NEXE Innovations's 1-Year Sharpe Ratio is -0.48.

NEXE Innovations  (OTCPK:NEXNF) 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.

NEXE Innovations 1-Year Sharpe Ratio Related Terms

NEXNF vs SW, PKG, IP: 1-Year Sharpe Ratio Comparison

For the Packaging & Containers subindustry, NEXE Innovations'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.

NEXE Innovations 1-Year Sharpe Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, NEXE Innovations's 1-Year Sharpe Ratio distribution charts can be found below:

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


NEXNF
32GF Score
NEXE Innovations Inc NEXNF
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NEXE Innovations 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 -0.48 mean?
NEXE Innovations (NEXNF) has a 1-Year Sharpe Ratio of -0.48 as of Jul. 22, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for NEXE Innovations and its competitors.
Is NEXE Innovations' 1-Year Sharpe Ratio too high?
NEXE Innovations' current 1-Year Sharpe Ratio is -0.48. Overall, NEXE Innovations has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does NEXE Innovations' 1-Year Sharpe Ratio compare to SW and PKG?
NEXE Innovations' 1-Year Sharpe Ratio of -0.48 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good 1-Year Sharpe Ratio depends on the Packaging & Containers 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 NEXE Innovations and its competitors. NEXE Innovations's current 1-Year Sharpe Ratio is -0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXE Innovations stock overvalued right now?
NEXE Innovations (NEXNF) has a current 1-Year Sharpe Ratio of -0.48. The current 1-Year Sharpe Ratio is -0.48. NEXE Innovations' overall GF Score™ is 32/100 with 2 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 NEXE Innovations (NEXNF), the current 1-Year Sharpe Ratio is -0.48 as of Jul. 22, 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.

NEXE Innovations Business Description

Other Exchanges NX5:GermanyNEXE:Canada
Address 109 19355 22nd Avenue, Surrey, BC, CAN, V3Z 3S6
NEXE Innovations Inc is a plant-based compostable technology and materials manufacturing company based in British Columbia, Canada. The company has developed patented, fully compostable, plant-based single-serve coffee pods for use in single-serve coffee machines. The company is an innovator and manufacturer of fully compostable materials, revolutionizing the landscape of everyday consumer products and single-use items. The NEXE Pod is BPI compostable and complies with rigorous international standards for compostable materials.
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.

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