Kore Mining Stock Buy Hold or Sell Recommendation
| KOREF Stock | USD 0.02 0.0004 1.74% |
Assuming the 90 days horizon and your slightly conservative level of risk, our recommendation regarding KORE Mining is 'Strong Sell'. Macroaxis provides KORE Mining buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding KOREF positions.
Check out KORE Mining Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as KORE and provide practical buy, sell, or hold advice based on investors' constraints. KORE Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
KORE |
Execute KORE Mining Buy or Sell Advice
The KORE recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on KORE Mining. Macroaxis does not own or have any residual interests in KORE Mining or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute KORE Mining's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
KORE Mining Trading Alerts and Improvement Suggestions
| KORE Mining is way too risky over 90 days horizon | |
| KORE Mining has some characteristics of a very speculative penny stock | |
| KORE Mining appears to be risky and price may revert if volatility continues | |
| KORE Mining has accumulated about 1.43 M in cash with (8.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders |
KORE Mining Returns Distribution Density
The distribution of KORE Mining's historical returns is an attempt to chart the uncertainty of KORE Mining's future price movements. The chart of the probability distribution of KORE Mining daily returns describes the distribution of returns around its average expected value. We use KORE Mining price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of KORE Mining returns is essential to provide solid investment advice for KORE Mining.
| Mean Return | 0.32 | Value At Risk | -10.71 | Potential Upside | 16.67 | Standard Deviation | 8.46 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of KORE Mining historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
KORE Mining Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to KORE Mining or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that KORE Mining's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a KORE pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 8.39 | |
Ir | Information ratio | 0.02 |
KORE Mining Volatility Alert
KORE Mining is showing large volatility of returns over the selected time horizon. KORE Mining is a penny stock. Although KORE Mining may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in KORE Mining. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on KORE instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.KORE Mining Fundamentals Vs Peers
Comparing KORE Mining's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze KORE Mining's direct or indirect competition across all of the common fundamentals between KORE Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as KORE Mining or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of KORE Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing KORE Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare KORE Mining to competition |
| Fundamentals | KORE Mining | Peer Average |
| Return On Equity | -1.23 | -0.31 |
| Return On Asset | -0.63 | -0.14 |
| Current Valuation | 2.68 M | 16.62 B |
| Shares Outstanding | 201.83 M | 571.82 M |
| Shares Owned By Insiders | 28.62 % | 10.09 % |
| Shares Owned By Institutions | 0.17 % | 39.21 % |
| Price To Book | 1.89 X | 9.51 X |
| EBITDA | 447.51 K | 3.9 B |
| Net Income | 295.37 K | 570.98 M |
| Cash And Equivalents | 1.43 M | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 149.5 K | 5.32 B |
| Debt To Equity | 0.05 % | 48.70 % |
| Current Ratio | 1.63 X | 2.16 X |
| Book Value Per Share | 0.02 X | 1.93 K |
| Cash Flow From Operations | (8.26 M) | 971.22 M |
| Earnings Per Share | (0.05) X | 3.12 X |
| Number Of Employees | 2 | 18.84 K |
| Beta | -1.57 | -0.15 |
| Market Capitalization | 5.23 M | 19.03 B |
| Total Asset | 6.21 M | 29.47 B |
| Z Score | 20.4 | 8.72 |
| Net Asset | 6.21 M |
KORE Mining Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as KORE . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 0.0226 | |||
| Day Typical Price | 0.0226 | |||
| Price Action Indicator | (0.0002) | |||
| Period Momentum Indicator | (0.0004) | |||
| Relative Strength Index | 71.77 |
About KORE Mining Buy or Sell Advice
When is the right time to buy or sell KORE Mining? Buying financial instruments such as KORE Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in KORE Pink Sheet
KORE Mining financial ratios help investors to determine whether KORE Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KORE with respect to the benefits of owning KORE Mining security.