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Greencity Acquisition (Greencity Acquisition) GF Value Rank : 0 (As of May. 26, 2024)


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What is Greencity Acquisition GF Value Rank?

Greencity 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.


Greencity Acquisition GF Value Rank Related Terms

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Greencity Acquisition (Greencity Acquisition) Business Description

Traded in Other Exchanges
Address
505 Eshan Road, Floor 6, Pudong New District, Shanghai, CHN, 200120
Website
Greencity Acquisition Corp is a blank check company.
Executives
Hudson Bay Capital Management Lp 10 percent owner 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber 10 percent owner C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Lawrence Feis 10 percent owner 190 EAST WALTON PLACE, UNIT 603, CHICAGO IL 60611
Feis Equities Llc 10 percent owner 20 NORTH WACKER DRIVE, SUITE 2115, CHICAGO IL 60606
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Lei Wang director 2609 MONTE CRESTA DRIVE, BELMONT CA 94002
Cynthia Management Corp 10 percent owner SUITE 807 TOWER 2 CENTURY LINK PLAZA, NO. 1196 CENTURY AVENUE, PUDONG DISTRICT F4 200000
Jianmin Yu 10 percent owner, officer: CFO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jinlong Liu director, 10 percent owner 100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Chao Liu director 100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Ming Zhang officer: CEO 100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Yong Li director 100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017

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