Lake Winn Resources (Lake Winn Resources) GF Value Rank : 0 (As of May. 21, 2024)

View and export this data going back to 2014. Start your Free Trial

What is Lake Winn Resources GF Value Rank?

Lake Winn Resources 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.

Lake Winn Resources GF Value Rank Related Terms

Thank you for viewing the detailed overview of Lake Winn Resources's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Lake Winn Resources (Lake Winn Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lake Winn Resources Corp (OTCPK:EQTXF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

EE1A:Germany LWR:Canada

Address

1111 Melville Street, Suite 1100, 11th Floor, Vancouver, BC, CAN, V6E 3V6

Website

https://www.lakewinn.ca

Lake Winn Resources Corp is a gold company focusing on the exploration and development of gold properties in Canada. The company has a purchase agreement to acquire 100% of its flagship Cloud property located in the province of Manitoba, approximately 40 kilometers northeast of the town of Flin?Flon. Access to the property is provided by Manitoba highway 10 to the all?weather Kississing Lake Road. It operates in one reportable operating segment, which is the acquisition and development of exploration and evaluation assets in Canada.

Lake Winn Resources (Lake Winn Resources) Headlines

No Headlines