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MNTN (Everest Consolidator Acquisition) Predictability Rank


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What is Everest Consolidator Acquisition 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.

Everest Consolidator Acquisition 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

Everest Consolidator Acquisition Predictability Rank Related Terms

Thank you for viewing the detailed overview of Everest Consolidator Acquisition's Predictability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Everest Consolidator Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Everest Consolidator Acquisition Corp (NYSE:MNTN) » Definitions » Predictability Rank
Comparable Companies
APCA APTM BOAC CFIV CONX PLAO BFAC VADP BOCN PRPC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
4041 MacArthur Boulevard, 4th Floor, Newport Beach, CA, USA, 92660
Website
https://www.belayoneverest.com
Everest Consolidator Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Rebecca Lynn Macieira-kaufmann director P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Peter K Scaturro director C/O THE CHARLES SCHWAB CORPORATION, 120 KEARNY STREET, SAN FRANCISCO CA 94108
Jacqueline S Shoback director, officer: Chief Operating Officer TEN POST OFFICE SQUARE, BOSTON MA 02109
Elizabeth Mora director C/O MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Everest Consolidator Sponsor, Llc 10 percent owner 4041 MACARTHUR BLVD., NEWPORT BEACH CA 92660
Adam Dooley director, 10 percent owner, officer: CEO, Pres, Sec & Treas C/O EVEREST CONSOLIDATOR ACQUISITION, 4041 MACARTHUR BLVD., NEWPORT BEACH CA 92660
Ward Brian Maillian director C/O EVEREST CONSOLIDATOR ACQUISITION, 4041 MACARTHUR BLVD., NEWPORT BEACH CA 92660
Belay Associates, Llc 10 percent owner 4041 MACARTHUR BLVD., NEWPORT BEACH CA 92660

Everest Consolidator Acquisition Headlines

From GuruFocus

Everest Consolidator Acquisition Corporation Announces Intention of Sponsor to Deposit Funds to Extend Period to Consummate Initial Business Combination

By Business Wire Business Wire • 02-23-2023

Everest Consolidator Acquisition Corporation Announces Closing of $172.5 Million Initial Public Offering

By Business Wire Business Wire • 11-29-2021

Everest Consolidator Acquisition Corporation Announces Intention of Sponsor to Deposit Funds to Extend Period to Consummate Initial Business Combination

By Business Wire Business Wire • 05-24-2023

Everest Consolidator Acquisition Corporation Confirms Sponsor's Deposit of Funds to Extend Period to Consummate Initial Business Combination

By Business Wire Business Wire • 05-30-2023

Everest Consolidator Acquisition Corporation Receives NYSE Notice Regarding Delayed Form 10-Q Filing

By Business Wire • 11-28-2023

Everest Consolidator Acquisition Corporation (NYSE: MNTN) Announces Business Combination with Unifund, a Consumer Debt Service Company Focused on Data Science and Analytics

By Business Wire • 07-24-2023

Everest Consolidator Acquisition Corporation Confirms Sponsor's Deposit of Funds to Extend Period to Consummate Initial Business Combination

By Business Wire Business Wire • 03-01-2023

Everest Consolidator Acquisition Corporation Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing January 14, 2022

By Business Wire Business Wire • 01-11-2022