NNE (Nano Nuclear Energy) 1-Year Sharpe Ratio : N/A (As of Jan. 18, 2025)

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What is Nano Nuclear Energy 1-Year Sharpe Ratio?

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 (2025-01-18), Nano Nuclear Energy's 1-Year Sharpe Ratio is Not available.

Competitive Comparison of Nano Nuclear Energy's 1-Year Sharpe Ratio

For the Specialty Industrial Machinery subindustry, Nano Nuclear Energy'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.

Nano Nuclear Energy's 1-Year Sharpe Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nano Nuclear Energy's 1-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where Nano Nuclear Energy's 1-Year Sharpe Ratio falls into.

Nano Nuclear Energy 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.

Nano Nuclear Energy (NAS:NNE) 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.

Nano Nuclear Energy 1-Year Sharpe Ratio Related Terms

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Nano Nuclear Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nano Nuclear Energy Inc (NAS:NNE) » Definitions » 1-Year Sharpe Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Times Square, 30th Floor, New York, NY, USA, 10018

Website

https://nanonuclearenergy.com

Nano Nuclear Energy Inc is an early-stage nuclear energy company developing smaller, cheaper, and safer advanced portable clean energy solutions. It is focused on four business lines as part of development: Micro Nuclear Reactor Business is developing the next-generation nuclear microreactors, in particular ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. Fuel Fabrication Business, Fuel Transportation Business and Nuclear Consultation Services.