PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

MineralRite Corp (RITE) Sharpe Ratio: 0.66

Equity · Currency in USD · Last updated Jun 3, 2026

MineralRite Corporation operates in the mineral and mining industry, focusing on the manufacture, sale, and lease of mining and mineral processing equipment, as well as the purchase and development of minerals and mineral-backed assets, management of mineral offtake activities, and purchase and sale of precious metals.

RITE's Sharpe Ratio of 0.66 indicates that for each unit of volatility, it generates 0.66 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 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.

RITE Sharpe Ratio Rank

RITE Sharpe Ratio Rank: 62.262
Above Average

RITE ranks above 62.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. 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

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

RITE Sharpe Ratio Market Positioning

The chart shows RITE'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%): -0.36 or lower
  • Yellow zone (middle 50%): -0.36 to 1.19
  • Green zone (top 25%): 1.19 or higher
  • Top 1%: 6.05+
  • Median: 0.27 — half of all investments score higher

How it compares to other similar stocks

The table compares MineralRite Corp's Sharpe Ratio with other stocks in the Other Precious Metals & Mining industry across multiple time periods, showing how RITE'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 Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
MTAMetalla Royalty & Streaming Ltd.2.67
BVNCompañía de Minas Buenaventura S.A.A.2.60
MUXMcEwen Mining Inc.2.42
EXKEndeavour Silver Corp.1.98
ANGPYAnglo American Platinum ADR1.59
ASMAvino Silver & Gold Mines Ltd.1.55
IMPUYImpala Platinum Holdings Limited ADR1.41
GROYGold Royalty Corp.1.23
VOXRVox Royalty Corp1.17
IMPUFImpala Platinum Holdings Ltd1.14
RITEMineralRite Corp0.66

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows RITE'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 RITE consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does RITE fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio