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CoJax Oil & Gas (CoJax Oil & Gas) GF Value Rank : 0 (As of Jun. 09, 2024)


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What is CoJax Oil & Gas GF Value Rank?

CoJax Oil & Gas 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.


CoJax Oil & Gas GF Value Rank Related Terms

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CoJax Oil & Gas (CoJax Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
3033 Wilson Boulevard, Suite E-605, Arlington, VA, USA, 22201
CoJax Oil & Gas Corp is an oil and gas exploration and production company, with producing assets in Southwest Alabama. It is engaged in the acquisition and development of lower risk onshore oil and gas producing properties within the Southeastern United States.
Executives
Allan Bradley director 539 JARVIS STREET, SUITE M2, TORONTO Z4 M4Y 2H7
Jeffrey J Guzy director, 10 percent owner, officer: Chief Executive Officer 3130 19TH STREET, NORTH, ARLINGTON VA 22201
William Barrett Wellman 10 percent owner, officer: Chief Financial Officer 3130 19TH STREET, NORTH, ARLINGTON VA 22201
Roger Allums Mcleod 10 percent owner 1050 WOODLAND HILLS DRIVE, LAUREL MS 39440
Rosswood Capital, Llc 10 percent owner 1310 HOMEWOOD DRIVE, LAUREL MS 39440
Peter Biglane 10 percent owner 1310 HOMEWOOD DR., LAUREL MS 39440
Cojax Oil & Gas Corp director, 10 percent owner, officer: Executive Chairman 3033 WILSON BLVD, SUITE E-605, ARLINGTON VA 22201

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