Clough Global Equity Fund (Clough Global Equity Fund) GF Value Rank : 2 (As of May. 01, 2024)

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What is Clough Global Equity Fund GF Value Rank?

Clough Global Equity Fund has the GF Value Rank of 2.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Clough Global Equity Fund's GF Value Rank

For the Asset Management subindustry, Clough Global Equity Fund's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

Clough Global Equity Fund's GF Value Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Clough Global Equity Fund's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Clough Global Equity Fund's GF Value Rank falls into.

Clough Global Equity Fund GF Value Rank Related Terms

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Clough Global Equity Fund (Clough Global Equity Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Clough Global Equity Fund (AMEX:GLQ) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1290 Broadway, Suite 1000, Denver, CO, USA, 80203

Website

https://www.cloughglobal.com

Clough Global Equity Fund is a closed-end management investment company. Its investment objective is to provide a high level of total return. The Fund invests in the equity, equity-related securities, and fixed-income securities in both U.S. and non-U.S. markets.

Executives

Charles Jr Clough	other: person affiliated w/ Inv. Adv.	53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Christopher Moore	officer: Secretary	1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen	officer: Treasurer	1700 BROADWAY, SUITE 1850, DENVER CO 80290
Clough Capital Partners, L.p.	other: Investment Advisor of Fund	53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109
Lainey Ejiasa	officer: President	1290 BROADWAY, SUITE 1000, DENVER CO 80203
Dylan Riter Mikel	other: Assistant Treasurer	2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228
Adams Nicholas	other: Secretary	1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Ryan Johanson	officer: Treasurer	1290 BROADWAY SUITE 1000, DENVER CO 80203
Alex James Marks	officer: Assistant Secretary	1290 BROADWAY, SUITE 1000, DENVER CO 80203
Erich Rettinger	officer: Treasurer	1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Jason Hearle	other: Person affiliated with Inv Adv	53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kevin Joseph Mcnally	officer: Trustee	53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kelly Mcewen	officer: Treasurer	5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Karen Ann Digravio	other: Trustee	1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jerry G Rutledge	director	2745 SPRINGMEDE COURT, COLORADO SPRINGS CO 80906