Touchpoint Group Holdings (Touchpoint Group Holdings) Predictability Rank

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What is Touchpoint Group Holdings 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.

Touchpoint Group Holdings 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

	Predictables	Non-Predictable	All stocks
Total Number of stocks	570	1833	2403
Total Lost Money	61	830	891
Total Lost More Than 50%	18	412	430
Total Lost More Than 90%	4	86	90
Average Gain	260.6%	100.0%	138.1%
Median Gain	150.0%	13.0%	39.0%
Maximum Gain	2852.0%	11483.0%	11483.0%
Maximum Loss	-100.0%	-100.0%	-100.0%
Annualized Average Gain	12.7%	6.7%	8.4%
Annualized Median Gain	8.9%	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 Rank	5-Star	4.5-Star	4-Star	3.5-Star	3-Star	2.5-Star	2-Star	1-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

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Touchpoint Group Holdings (Touchpoint Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Touchpoint Group Holdings Inc (OTCPK:TGHI) » Definitions » Predictability Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

4300 Biscayne Boulelvard, Suite 203, Miami, FL, USA, 33137

Website

https://www.touchpointgh.com

Touchpoint Group Holdings Inc is a media and digital technology company. The company through its subsidiaries develops software that supplies a robust fan engagement platform designed to enhance the fan experience and drive commercial aspects of the sports and entertainment business. The software brings the users to engage with clubs, favorite players, peers, and relevant brands through features that include live streaming, access to limited edition merchandise, gamification, user rewards, third-party-branded offers, credit cards, and associated benefits.

Executives

Zhanming Wu	10 percent owner	ROOM 703, BUILDING NO. 5, NO. 868 PUMING ROAD, SHANGHAI F4 200120
Ajing Zhang	director	ROOM 901, NO. 4, LANE 999, SHI LONG ROAD, XUHUI DISTRICT, SHANGHAI F4 200237
Pengfei Li	director	ROOM 601, NO. 11, LANE 1188, SOUTH WANPING ROAD, XUHUI DISTRICT, SHANGHAI F4 200232
Edwin Lun	officer: Chief Operating Officer	ROOM 1808,18/F HUTCHISON HSE.10 HARCOURT, HONG KONG F4 XXXXXXX
Mark Brian White	director, 10 percent owner, officer: Chief Executive Officer	IMMEUBLE MILA, CHAMPERY V8 1874
Martin Christopher Ward	director, officer: Chief Financial Officer	CHALKSTREAM, KINGS SOMBORNE, STOCKBRIDGE X0 S020 6NZ
Robert Paul Vogler	director	INDUSTRIESTRASSE 40, ZUG V8 CH6300
Robert Philip Law	director	2 TOWER MEWS, SALISBURY X0 SP1 3DJ
Charles Richard Vos	director	45 STAR STREET, LONDON X0 W2 1QA
Nicholas Paul Carpinello	director	1686 BEECHSHIRE DRIVE, CINCINNATI OH 45255
Stephen Michael Austin	director	39 TEMPLE FORTUNE HILL, LONDON X0 NW11 7XP
Brian James Collins	director, 10 percent owner, officer: VP, Chief Technology Officer	HEIDWEG 7B, KLOSTERS V8 7250
John D Hannesson	officer: Exec VP, Secretary	18661 VIA PALATINO, IRVINE CA 92603
Kenneth F Raznick	director, 10 percent owner, officer: Chairman of the Board	ONE WAKONDA, DOVE CANYON CA 92679
Mark Dicamillo	officer: Exec VP, COO	ONE WAKONDA, DOVE CANYON CA 92679