ECOVE Environment (ROCO:6803) 1-Year Sharpe Ratio: -1.20 (As of Sep. 10, 2026)

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ROCO:6803 ECOVE Environment Corp ROCO:6803
96 GF Score
Price NT$269.00
GF Value NT$339.62
Valuation Modestly Undervalued
! 6 Warning Signs
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What is ECOVE Environment 1-Year Sharpe Ratio?

ECOVE Environment ROCO:6803 96 1-Year Sharpe Ratio is -1.20 as of Sep. 10, 2026. GuruFocus rates ROCO:6803 with a GF Score™ of 96/100 and a GF Value™ of NT$339.62 (Modestly Undervalued). The stock has 6 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 (2026-09-10), ECOVE Environment's 1-Year Sharpe Ratio is -1.20.

ECOVE Environment  (ROCO:6803) 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.

ECOVE Environment 1-Year Sharpe Ratio Related Terms

ROCO:6803 vs WM, RSG, WCN: 1-Year Sharpe Ratio Comparison

For the Waste Management subindustry, ECOVE Environment'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.

ECOVE Environment 1-Year Sharpe Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, ECOVE Environment's 1-Year Sharpe Ratio distribution charts can be found below:

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


ROCO:6803
96GF Score
ECOVE Environment Corp ROCO:6803
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ECOVE Environment 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 -1.20 mean?
ECOVE Environment (ROCO:6803) has a 1-Year Sharpe Ratio of -1.20 as of Sep. 10, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for ECOVE Environment and its competitors.
Is ECOVE Environment's 1-Year Sharpe Ratio too high?
ECOVE Environment's current 1-Year Sharpe Ratio is -1.20. Overall, ECOVE Environment has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ECOVE Environment's 1-Year Sharpe Ratio compare to WM and RSG?
ECOVE Environment's 1-Year Sharpe Ratio of -1.20 can be compared against companies in the Waste Management 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 Waste Management company?
A good 1-Year Sharpe Ratio depends on the Waste Management 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 ECOVE Environment and its competitors. ECOVE Environment's current 1-Year Sharpe Ratio is -1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECOVE Environment stock overvalued right now?
Based on GuruFocus' analysis, ECOVE Environment (ROCO:6803) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$339.62, compared to a current price of NT$269.00 — trading 20.8% below its estimated fair value. The current 1-Year Sharpe Ratio is -1.20. ECOVE Environment's overall GF Score™ is 96/100 with 6 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 ECOVE Environment (ROCO:6803), the current 1-Year Sharpe Ratio is -1.20 as of Sep. 10, 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.

Is ECOVE Environment (ROCO:6803) Overvalued in 2026?

Based on GuruFocus' analysis, ECOVE Environment stock appears to be undervalued. The current stock price of NT$269.00 is trading 20.8% below its estimated GF Value™ of NT$339.62. GuruFocus considers ECOVE Environment to be Modestly Undervalued.

Key valuation signals for ROCO:6803:

  • 1-Year Sharpe Ratio: -1.20
  • GF Value™: NT$339.62 vs. price of NT$269.00 (20.8% below fair value)
  • GF Score™: 96/100 with 6 warning signs

No single metric tells the full story. See the ROCO:6803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ECOVE Environment Business Description

Address No. 16, Fushan Road, 12th Floor, Beitou District, Taipei City, TWN, 112037
ECOVE Environment Corp is a resource management services provider serving public and private entities across Greater China, Southeast Asia, India, and the USA. The Company is mainly engaged in investment, power generation, and waste management. Its services include Energy-from-Waste, Mechatronics, and Waste Management, while its projects include Energy-from-Waste, Photovoltaic Energy, and Hazardous and Special Waste Treatment.
96GF Score

Get the complete analysis for ROCO:6803

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

NT$269.00
Price
NT$339.62
GF Value