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Volt Carbon Technologies (Volt Carbon Technologies) GF Value Rank : 0 (As of May. 22, 2024)


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What is Volt Carbon Technologies GF Value Rank?

Volt Carbon Technologies 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.


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Volt Carbon Technologies (Volt Carbon Technologies) Business Description

Traded in Other Exchanges
Address
70 Country Hills Landing NW, Suite 117, Calgary, AB, CAN, T3K 2L2
Volt Carbon Technologies Inc is engaged in the exploration of mineral properties. The company has two operating segments. The mineral exploration and development segment focus on the acquisition and exploration of property interests that are considered potential sites of economic mineralization. The research and development segment focuses on the scientific study and technology applications for air classifier and battery development.

Volt Carbon Technologies (Volt Carbon Technologies) Headlines