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Greater China Fund (Greater China Fund) GF Value Rank : 0 (As of May. 27, 2024)


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What is Greater China Fund GF Value Rank?

Greater China Fund 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.


Greater China Fund GF Value Rank Related Terms

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Greater China Fund (Greater China Fund) Business Description

Traded in Other Exchanges
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Address
Greater China Fund Inc is a closed end management investment company. Its objective is to seek long-term capital appreciation through investment in listed equity securities of companies.
Executives
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Joseph Andolina officer: Vice President - Compliance 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Guet Tay Kheng other: Director of Investment Manager 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Terence Lim other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILIADELPHIA PA 19103
Bill Maher director 600 WEST BROADWAY, 30TH FL., SAN DIEGO CA 92101
Moritz A Sell director C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE WI 53202
Flavia Cheong other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Hui Lin Ng other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Lim Sock-hwei other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Andrew Narracott other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Beverley Hendry officer: Vice President C/O ABERDEEN ASSET MANAGMENT INC., 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Victor Rodriguez other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Gary Marshall officer: Vice President 97 HAYMARKET TERRACE, EDINBURGH X0 EH12 5HD
Lucia Sitar officer: Vice President and CLO 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103

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