Coro Global (Coro Global) GF Value Rank : 0 (As of Jun. 25, 2024)

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What is Coro Global GF Value Rank?

Coro Global 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.

Coro Global GF Value Rank Related Terms

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Coro Global (Coro Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Coro Global Inc (OTCPK:CGLO) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

78 SW 7th Street, Suite 500, Miami, FL, USA, 33130

Website

https://www.coro.global

Coro Global Inc is a fintech company that is creating a new financial payment system where gold can be used as money in everyday transactions as easily as fiat currencies. Coro's platform is powered by Distributed Ledger Technology, allowing customers to send and receive global payments and exchange currency, including gold, seamlessly and securely.

Executives

John R Bason	director	C/O MEDEFILE INTERNATIONAL, INC. 2 RIDGEDALE AVENUE, SUITE 217 CEDAR KNOLLS NJ 07927
William R Cullen	director	1899 WYNKOOP STE 600 DENVER CO 80202
Anthony Paquin	director	C/O MEDEFILE INTERNATIONAL, INC. 2 RIDGEDALE AVENUE, SUITE 217 CEDAR KNOLLS NJ 07927
Hauser Milton	director, 10 percent owner, officer: President, CEO	2 RIDGEDALE AVENUE SUITE 217 CEDER KNOLLS NJ 07927
Vantage Holding Ltd.	10 percent owner	67 WALL STREET SUITE 2211 NEW YORK NY 10005
Eric Rosenfeld	officer: Chief Technical Officer	2 RIDGEDALE AVENUE, SUITE 271 CEDER KNOLLS NJ 07927
David Dorrance	officer: VP - Digital Imaging	2 RIDGEDALE AVENUE, SUITE 217 CEDAR KNOLLS NJ 07927

Coro Global (Coro Global) Headlines

From GuruFocus

Coro Global Inc. Notice of Annual Shareholder Meeting

By GuruFocusNews GuruFocusNews • 03-03-2022

Coro Global Responds to Recent Request for a Special Meeting of Stockholders

By GlobeNewswire GlobeNewswire • 10-01-2021

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By GuruFocusNews GuruFocusNews • 04-05-2022

Coro Global Inc. Annual Shareholder Meeting Rescheduled to April 11, 2022

By GlobeNewswire GlobeNewswire • 03-25-2022

Coro Global Inc. Expects to Return to Operations in 2022

By GuruFocusNews GuruFocusNews • 12-22-2021

Coro Global Inc. to Present at the virtual Fall Investor Summit on November 16th-18th

By ACCESSWIRE ACCESSWIRE • 11-12-2020

Coro Global Inc. Annual Shareholder Meeting Rescheduled to April 11, 2022

By GuruFocusNews GuruFocusNews • 03-25-2022