Kore Mining Stock Performance
| KORE Stock | CAD 0.04 0.01 16.67% |
On a scale of 0 to 100, Kore Mining holds a performance score of 5. The company secures a Beta (Market Risk) of 1.02, which conveys a somewhat significant risk relative to the market. Kore Mining returns are very sensitive to returns on the market. As the market goes up or down, Kore Mining is expected to follow. Please check Kore Mining's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to make a quick decision on whether Kore Mining's current price movements will revert.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Kore Mining are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Kore Mining showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Dividend Date 2018-11-02 | Ex Dividend Date 1999-08-27 | Last Split Date 2018-11-01 |
1 | Kore Mining 3-Year EPS without NRI Growth Rate 45.30 percent - GuruFocus.com | 11/22/2024 |
| Begin Period Cash Flow | 743.3 K |
Kore |
Kore Mining Relative Risk vs. Return Landscape
If you would invest 3.00 in Kore Mining on August 29, 2024 and sell it today you would earn a total of 0.50 from holding Kore Mining or generate 16.67% return on investment over 90 days. Kore Mining is generating 0.6183% of daily returns assuming 8.8255% volatility of returns over the 90 days investment horizon. Simply put, 78% of all stocks have less volatile historical return distribution than Kore Mining, and 88% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Kore Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kore Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kore Mining, and traders can use it to determine the average amount a Kore Mining's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0701
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | KORE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.83 actual daily | 78 78% of assets are less volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Kore Mining is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Kore Mining by adding it to a well-diversified portfolio.
Kore Mining Fundamentals Growth
Kore Stock prices reflect investors' perceptions of the future prospects and financial health of Kore Mining, and Kore Mining fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Kore Stock performance.
| Return On Equity | -0.9 | ||||
| Return On Asset | -0.38 | ||||
| Current Valuation | 6.4 M | ||||
| Shares Outstanding | 202.43 M | ||||
| Price To Book | 5.45 X | ||||
| EBITDA | (1.37 M) | ||||
| Net Income | (1.56 M) | ||||
| Cash And Equivalents | 41.82 K | ||||
| Total Debt | 297.58 K | ||||
| Current Ratio | 0.24 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (1.01 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 6.07 M | ||||
| Total Asset | 2.13 M | ||||
| Retained Earnings | (23.01 M) | ||||
| Working Capital | (789.3 K) | ||||
About Kore Mining Performance
Evaluating Kore Mining's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Kore Mining has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Kore Mining has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.73) | (0.77) | |
| Return On Capital Employed | (1.20) | (1.26) | |
| Return On Assets | (0.73) | (0.77) | |
| Return On Equity | (1.21) | (1.15) |
Things to note about Kore Mining performance evaluation
Checking the ongoing alerts about Kore Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kore Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 high likelihood to experience some financial distress in the next 2 years | |
| Kore Mining has accumulated 297.58 K in total debt. Kore Mining has a current ratio of 0.24, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Kore Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Kore Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kore Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kore to invest in growth at high rates of return. When we think about Kore Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.56 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Kore Mining has accumulated about 41.82 K in cash with (1.01 M) of positive cash flow from operations. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Kore Mining 3-Year EPS without NRI Growth Rate 45.30 percent - GuruFocus.com |
- Analyzing Kore Mining's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Kore Mining's stock is overvalued or undervalued compared to its peers.
- Examining Kore Mining's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Kore Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kore Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kore Mining's stock. These opinions can provide insight into Kore Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Kore Stock Analysis
When running Kore Mining's price analysis, check to measure Kore Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kore Mining is operating at the current time. Most of Kore Mining's value examination focuses on studying past and present price action to predict the probability of Kore Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kore Mining's price. Additionally, you may evaluate how the addition of Kore Mining to your portfolios can decrease your overall portfolio volatility.