NFGC (New Found Gold) 1-Year Sharpe Ratio: 0.37 (As of Jul. 13, 2026)


NFGC New Found Gold Corp NFGC
29 GF Score
Price $1.50
! 3 Warning Signs
View Full Analysis

What is New Found Gold 1-Year Sharpe Ratio?

New Found Gold NFGC -1.32% 29 1-Year Sharpe Ratio is 0.37 as of Jul. 13, 2026. GuruFocus rates NFGC with a GF Score™ of 29/100. The stock has 3 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 (2026-07-13), New Found Gold's 1-Year Sharpe Ratio is 0.37.

New Found Gold  (AMEX:NFGC) 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.

New Found Gold 1-Year Sharpe Ratio Related Terms

NFGC vs NEM, AU: 1-Year Sharpe Ratio Comparison

For the Gold subindustry, New Found Gold'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.

New Found Gold 1-Year Sharpe Ratio vs Metals & Mining Industry

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

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


NFGC
29GF Score
New Found Gold Corp NFGC
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Found Gold 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 0.37 mean?
New Found Gold (NFGC) has a 1-Year Sharpe Ratio of 0.37 as of Jul. 13, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for New Found Gold and its competitors.
Is New Found Gold's 1-Year Sharpe Ratio too high?
New Found Gold's current 1-Year Sharpe Ratio is 0.37. Overall, New Found Gold has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does New Found Gold's 1-Year Sharpe Ratio compare to NEM and AU?
New Found Gold's 1-Year Sharpe Ratio of 0.37 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 New Found Gold and its competitors. New Found Gold's current 1-Year Sharpe Ratio is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Found Gold stock overvalued right now?
New Found Gold (NFGC) has a current 1-Year Sharpe Ratio of 0.37. The current 1-Year Sharpe Ratio is 0.37. New Found Gold's overall GF Score™ is 29/100 with 3 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 New Found Gold (NFGC), the current 1-Year Sharpe Ratio is 0.37 as of Jul. 13, 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.

New Found Gold Business Description

Other Exchanges 5QG:GermanyNFG:Canada
Address 1133 Melville Street, Suite 3500, Vancouver, BC, CAN, V6E 4E5
New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Companies exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).
29GF Score

Get the complete analysis for NFGC

1-Year Sharpe Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.50
Price