Space Shuttle Hi-Tech Co (TPE:2440) 1-Year Sharpe Ratio: 0.28 (As of Sep. 07, 2026)

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TPE:2440 Space Shuttle Hi-Tech Co Ltd TPE:2440
76 GF Score
Price NT$14.20
GF Value NT$17.69
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Space Shuttle Hi-Tech Co 1-Year Sharpe Ratio?

Space Shuttle Hi-Tech Co TPE:2440 +0.35% 76 1-Year Sharpe Ratio is 0.28 as of Sep. 07, 2026. GuruFocus rates TPE:2440 with a GF Score™ of 76/100 and a GF Value™ of NT$17.69 (Modestly Undervalued). The stock has 7 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 (2026-09-07), Space Shuttle Hi-Tech Co's 1-Year Sharpe Ratio is 0.28.


Space Shuttle Hi-Tech Co  (TPE:2440) 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.


Space Shuttle Hi-Tech Co 1-Year Sharpe Ratio Related Terms


TPE:2440 vs VRT, BE: 1-Year Sharpe Ratio Comparison

For the Electrical Equipment & Parts subindustry, Space Shuttle Hi-Tech Co'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.


Space Shuttle Hi-Tech Co 1-Year Sharpe Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Space Shuttle Hi-Tech Co's 1-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where Space Shuttle Hi-Tech Co's 1-Year Sharpe Ratio falls into.


TPE:2440
76GF Score
Space Shuttle Hi-Tech Co Ltd TPE:2440
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Space Shuttle Hi-Tech Co 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 0.28 mean?
Space Shuttle Hi-Tech Co (TPE:2440) has a 1-Year Sharpe Ratio of 0.28 as of Sep. 07, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Space Shuttle Hi-Tech Co and its competitors.
Is Space Shuttle Hi-Tech Co's 1-Year Sharpe Ratio too high?
Space Shuttle Hi-Tech Co's current 1-Year Sharpe Ratio is 0.28. Overall, Space Shuttle Hi-Tech Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Space Shuttle Hi-Tech Co's 1-Year Sharpe Ratio compare to VRT and BE?
Space Shuttle Hi-Tech Co's 1-Year Sharpe Ratio of 0.28 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 Space Shuttle Hi-Tech Co and its competitors. Space Shuttle Hi-Tech Co's current 1-Year Sharpe Ratio is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Shuttle Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Space Shuttle Hi-Tech Co (TPE:2440) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.69, compared to a current price of NT$14.20 — trading 19.7% below its estimated fair value. The current 1-Year Sharpe Ratio is 0.28. Space Shuttle Hi-Tech Co's overall GF Score™ is 76/100 with 7 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 Space Shuttle Hi-Tech Co (TPE:2440), the current 1-Year Sharpe Ratio is 0.28 as of Sep. 07, 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 Space Shuttle Hi-Tech Co (TPE:2440) Overvalued in 2026?

Based on GuruFocus' analysis, Space Shuttle Hi-Tech Co stock appears to be undervalued. The current stock price of NT$14.20 is trading 19.7% below its estimated GF Value™ of NT$17.69. GuruFocus considers Space Shuttle Hi-Tech Co to be Modestly Undervalued.

Key valuation signals for TPE:2440:

  • 1-Year Sharpe Ratio: 0.28
  • GF Value™: NT$17.69 vs. price of NT$14.20 (19.7% below fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the TPE:2440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Space Shuttle Hi-Tech Co Business Description

Address Huanke 1ST Road, 9th floor-2, Number 23, Hsinchu County, Zhubei, TWN
Space Shuttle Hi-Tech Co Ltd is engaged in the reprocessing of copper and the manufacturing and sales of information transmission cables. The company generates the majority of its revenues from the re-processing and re-manufacturing of various copper materials, the production and sales of information transmission wires, and the manufacturing and sales of related products. The company mainly operates in Asia, hence all the revenue come from Asia itself.
76GF Score

Get the complete analysis for TPE:2440

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

NT$14.20
Price
NT$17.69
GF Value