Avant Technologies (Avant Technologies) GF Value Rank : 0 (As of May. 22, 2024)

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What is Avant Technologies GF Value Rank?

Avant Technologies has the GF Value Rank of 0.

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.

Avant Technologies GF Value Rank Related Terms

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Avant Technologies (Avant Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Avant Technologies Inc (OTCPK:AVAI) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Eastbiz.com, Inc, 5348 Vegas Drive, Las Vegas, NV, USA, 89108

Website

https://www.trendinnovationsholding.com

Avant Technologies Inc Formerly Trend Innovations Holding Inc has developed an application for people who value their time and desire to stay up to date. It develops a platform for users who cook at home and want to sell their food on the Internet and home-cooked food lovers. It also provides news applications with feeds from various sources that users can choose and customize. Through its subsidiary, it also provides Information Technology (IT) services.