PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

NOW Inc. (DNOW) Sharpe Ratio: -0.71

DNOW's Sharpe Ratio of -0.71 indicates that for each unit of volatility, it generates -0.71 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 2, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

DNOW Sharpe Ratio Rank

DNOW Sharpe Ratio Rank: 11.011
Concerning

DNOW ranks above 11.0% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

DNOW Sharpe Ratio Market Positioning

The chart shows DNOW's Sharpe Ratio relative to all stocks on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): -0.34 or lower
  • Yellow zone (middle 50%): -0.34 to 1.11
  • Green zone (top 25%): 1.11 or higher
  • Top 1%: 4.85+
  • Median: 0.28 — half of all investments score higher

How it compares to other similar stocks

The table compares NOW Inc.'s Sharpe Ratio with other stocks in the Oil & Gas Equipment & Services industry across multiple time periods, showing how DNOW's risk-adjusted performance compares to industry peers.

Data shows 1-, 5-, and 10-year periods, plus each stock's all-time average, as of Apr 2, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
NESRNational Energy Services Reunited Corp.3.48
EFXTEnerflex Ltd.3.38
SUBCYSubsea 7 SA ADR3.37
FETForum Energy Technologies, Inc.3.02
NPKINPK International Inc3.00
FTITechnipFMC plc2.97
SAPMYSaipem SpA ADR2.73
TTITETRA Technologies, Inc.2.29
SBFFYSBM Offshore NV ADR2.17
VALValaris Limited2.11
DNOWNOW Inc.-0.71

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows DNOW's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when DNOW consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading graphics...

Explore DNOW risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

DNOW Sortino Ratio