GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Goldstream Investment Ltd (HKSE:01328) » Definitions » GF Value Rank

Goldstream Investment (HKSE:01328) GF Value Rank : 0 (As of Dec. 13, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Goldstream Investment GF Value Rank?

Goldstream Investment 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.


Goldstream Investment GF Value Rank Related Terms

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


Goldstream Investment Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Finance Street, Suite 7008, 70th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Goldstream Investment Ltd is an investment holding company. The operating segments of the group are the IM business and SDI business. IM (Investment Management) business includes advisory services on securities and asset management; securities trading; and provision of the infrastructure of the investment management system. SDI (strategic direct investment) business includes the provision of making proprietary investments in the financial markets. The group has a business presence in Hong Kong; the PRC; the United States and others.
Executives
Hony Gold Gp Limited
Hony Gold Holdings, L.p.
Exponential Fortune Group Limited
Hony Group Management Limited
Hony Managing Partners Limited
Zhao John Huan
Advanced Summit Ventures Limited
Huang Shaokang 2201 Interest of corporation controlled by you
Yip Chi Yu 2202 Interest of your spouse
Zhao Wen
Bestgrand Chemicals Group Limited 2101 Beneficial owner
Kwok King Wa 2101 Beneficial owner
Li Kin Shing
Ever Prosper International Limited 2101 Beneficial owner

Goldstream Investment Headlines

No Headlines