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MCOM (Micromobility com) Predictability Rank


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What is Micromobility com Predictability Rank?

Not Rated

Warren Buffett said many times that the companies he likes are:

1. Simple businesses that he understands
2. that have predictable and proven earnings and
3. with economic moat
4. those can be bought at a reasonable price.

It is hard to quantify "simple businesses that he (Buffett) understands", so we will focus on the other three characteristics instead. In GuruFocus Research: What worked in the market from 1998-2008? Part I: Introduction of Predictability Rank, we will show that the businesses that have predictable and proven earnings are usually also simple businesses that an average person could understand.

GuruFocus conducted a back test study of Warren Buffett's strategy of "buying good companies at fair prices" for the years from 1998-2008.


Micromobility com Predictability Rank Calculation

In our database there are 2403 stocks that have been traded from Jan. 2, 1998 to Aug. 31, 2008. We have the complete 10-year financial data and trading prices of these companies for this period. We rank the predictability of these companies based on the consistency of their revenue per share and EBITDA (earning before interest, tax, depreciation and amortization) per share over the past ten fiscal years, and study the correlation between the stock performances and the predictability of the business.

Our study may be subject to these biases and assumptions:

Dividend yields are not counted for investment returns
Effects of price changes due to spin-offs may not be fully adjusted
Study is subjected to survivorship bias due to de-listing, bankruptcy, LBO, M&A, etc.

The correlation between business predictability and investment returns of a company is showed below.

Correlation Between Business Predictability and Investment Returns

PredictablesNon-PredictableAll stocks
Total Number of stocks57018332403
Total Lost Money61830891
Total Lost More Than 50%18412430
Total Lost More Than 90%48690
Average Gain260.6%100.0%138.1%
Median Gain150.0%13.0%39.0%
Maximum Gain2852.0%11483.0%11483.0%
Maximum Loss-100.0%-100.0%-100.0%
Annualized Average Gain12.7%6.7%8.4%
Annualized Median Gain8.9%1.1%3.1%


















For the 570 predictable companies, we have seen strong correlation between the predictability of businesses and the stock performances over the past 10 years, regardless of the valuation of business at 1998. Accordingly, we have ranked the business predictability from 5-star to 1-star, as shown in this table.

Predictability Rank5-Star4.5-Star4-Star3.5-Star3-Star2.5-Star2-Star1-Star (non-predictable)Average among all
% Out of All 2403 Stocks 3.3% 2.9% 3.7% 3.3% 3.3% 3.7% 3.3% 76.3% 100%
% that are in Loss (10y) 3% 10% 8% 9% 11% 18% 16% 45% 37%
Average Gain (10y) 364.6% 330.9% 278.0% 235.1% 243.5% 227.8% 154.8% 100.0% 138.1%
Median Gain (10y) 238.5% 193.5% 171.0% 159.0% 132.5% 113.5% 87.0% 13.0% 39.0%
Maximum Gainer 2228.0% 2547.0% 2452.0% 2852.0% 2432.0% 1892.0% 1807.0% 11483.0% 11483.0%
Maximum Loser -82.0% -53.0% -67.0% -100.0% -83.0% -100.0% -78.0% -100.0% -100.0%
Annualized Average Gain 15.4% 14.6% 13.2% 12.0% 12.2% 11.7% 9.1% 6.7% 8.4%
Annualized Median Gain 12.1% 10.6% 9.8% 9.3% 8.2% 7.3% 6.0% 1.1% 3.1%
















For detailed information about each predictability rank, please go to GuruFocus Research: What worked in the market from 1998-2008? Part I: Introduction of Predictability Rank

Also read:

Part II: What worked in the market from 1998-2008? Part II: Role of Valuations
Part III: Intrinsic Value, Discounted Cash Flow and Margin of Safety

Micromobility com Predictability Rank Related Terms

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Micromobility com Business Description

Traded in Other Exchanges
N/A
Address
500 Broome Street, Suite 32C, New York, NY, USA, 10013
Micromobility com Inc provides electric micro-mobility services. The company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform around the world. The company has one reportable segment which is IT services.
Executives
Lee D Stern director C/O AECOM TECHNOLOGY CORPORATION, 555 S. FLOWER STREET, SUITE 3700, LOS ANGELES CA 90071
Massimo Ponzellini director 32 OLD SLIP, NEW YORK NY 10005
Nemanja Stancic officer: Chief Technology Officer C/O HELBIZ INC., 32 OLD SLIP, 32ND FLOOR, NEW YORK NY 10005
Stefano Ciravegna officer: Chief Strategy Officer C/O HELBIZ INC., 32 OLD SLIP, 32ND FLOOR, NEW YORK NY 10005
Salvatore Palella director, 10 percent owner, officer: CEO and President C/O HELBIZ INC., 32 OLD SLIP, 32ND FLOOR, NEW YORK NY 10005
Giulio Profumo director, officer: Chief Financial Officer C/O HELBIZ INC., 32 OLD SLIP, 32ND FLOOR, NEW YORK NY 10005
Emanuele Liatti director, officer: Chief Product Officer C/O HELBIZ INC., 32 OLD SLIP, 32ND FLOOR, NEW YORK NY 10005
Dario Belletti 10 percent owner C/O HELBIZ INC., 32 OLD SLIP, 32ND FLOOR, NEW YORK NY 10005
Jonathan Hannestad officer: Chief Operating Officer C/O HELBIZ INC., 32 OLD SLIP, 32ND FLOOR, NEW YORK NY 10005
Matteo Mammi officer: Helbiz Media CEO C/O HELBIZ INC., 32 OLD SLIP, 32ND FLOOR, NEW YORK NY 10005
Lorenzo Speranza officer: Chief Accounting Officer C/O HELBIZ INC., 32 OLD SLIP, 32ND FLOOR, NEW YORK NY 10005
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Jonathan Intrater director 223 PALMER STREET, PALMER MA 01069
Zhigeng Fu director, officer: Chief Executive Officer 26 BEECHWOO AVE, TORONTO, ONTARIO Z4 ON M2L 1J1