GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aurora Technology Acquisition Corp (NAS:ATAK) » Definitions » GF Value Rank

Aurora Technology Acquisition (Aurora Technology Acquisition) GF Value Rank : 0 (As of Jun. 09, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Aurora Technology Acquisition GF Value Rank?

Aurora Technology Acquisition 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.


Aurora Technology Acquisition GF Value Rank Related Terms

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


Aurora Technology Acquisition (Aurora Technology Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4 Embarcadero Center, Suite 1449, San Francisco, CA, USA, 94105
Aurora Technology Acquisition Corp is a blank check company.
Executives
Atac Sponsor Llc 10 percent owner 4 EMBARCADERO CENTER SUITE 1449, SAN FRANCISCO CA 94105
Zachary Wang director, 10 percent owner, officer: CEO 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Cathryn Chen director, 10 percent owner, officer: COO 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Yida Gao director, 10 percent owner, officer: CFO 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
James Woolery director 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Max Baucus director 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Alec Hartman director 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Sam Yam director 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Paul Asquith director 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105

Aurora Technology Acquisition (Aurora Technology Acquisition) Headlines

From GuruFocus