Corner Growth Acquisition 2 (Corner Growth Acquisition 2) GF Value Rank : 0 (As of Jun. 13, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Corner Growth Acquisition 2 GF Value Rank?

Corner Growth Acquisition 2 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.

Corner Growth Acquisition 2 GF Value Rank Related Terms

Thank you for viewing the detailed overview of Corner Growth Acquisition 2's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Corner Growth Acquisition 2 (Corner Growth Acquisition 2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Corner Growth Acquisition Corp 2 (NAS:TRON) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

251 Lytton Avenue, Suite 200, Palo Alto, CA, USA, 94301

Website

Corner Growth Acquisition Corp 2 is a blank check company.

Executives

Taconic Capital Advisors Lp	10 percent owner	280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Highbridge Capital Management Llc	10 percent owner	277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Frank Brosens	10 percent owner	C/O TACONIC CAPITAL ADVISORS LP, 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Taconic Capital Advisors Uk Llp	10 percent owner	55 GROSVENOR STREET, 4TH FLOOR, LONDON X0 W1K 3HY
Taconic Capital Advisors (hong Kong) Ltd	10 percent owner	UNIT 1601, 16TH FLOOR, RUTTENJEE HOUSE, RUTTENJEE CTR, 11 DUDDELL STREET, HONG KONG K3 00000
John J. Cadeddu	director, 10 percent owner, officer: Co-Chairman	251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Alexandre Balkanski	director	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Jason Park	director	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Marvin Tien	director, 10 percent owner, officer: CEO and Chairman	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Jane Batzofin	officer: President	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
David Kutcher	officer: Chief Investment Officer	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
John Mulkey	director	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Kevin Tanaka	officer: DCD	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Cga Sponsor 2, Llc	10 percent owner	251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301