Kore Group Holdings Stock Performance
| KORE Stock | USD 2.52 0.25 11.01% |
On a scale of 0 to 100, KORE Group holds a performance score of 6. The company secures a Beta (Market Risk) of 0.88, which conveys possible diversification benefits within a given portfolio. KORE Group returns are very sensitive to returns on the market. As the market goes up or down, KORE Group is expected to follow. Please check KORE Group's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether KORE Group's current price movements will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in KORE Group Holdings are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather conflicting basic indicators, KORE Group exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 35 M |
KORE |
KORE Group Relative Risk vs. Return Landscape
If you would invest 203.00 in KORE Group Holdings on November 2, 2024 and sell it today you would earn a total of 49.00 from holding KORE Group Holdings or generate 24.14% return on investment over 90 days. KORE Group Holdings is currently generating 0.6856% in daily expected returns and assumes 8.3537% risk (volatility on return distribution) over the 90 days horizon. In different words, 74% of stocks are less volatile than KORE, and 87% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
KORE Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KORE Group's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as KORE Group Holdings, and traders can use it to determine the average amount a KORE Group'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 = 0.0821
| Best Portfolio | Best Equity | |||
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| Small Returns | KORE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.35 actual daily | 74 74% of assets are less volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average KORE Group is performing at about 6% 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 Group by adding it to a well-diversified portfolio.
KORE Group Fundamentals Growth
KORE Stock prices reflect investors' perceptions of the future prospects and financial health of KORE Group, and KORE Group 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 | -3.37 | ||||
| Return On Asset | -0.0438 | ||||
| Profit Margin | (0.74) % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 327.85 M | ||||
| Shares Outstanding | 17.01 M | ||||
| Price To Book | 1.19 X | ||||
| Price To Sales | 0.15 X | ||||
| Revenue | 276.61 M | ||||
| EBITDA | (67.27 M) | ||||
| Cash And Equivalents | 40.44 M | ||||
| Cash Per Share | 0.53 X | ||||
| Total Debt | 309.52 M | ||||
| Debt To Equity | 1.61 % | ||||
| Book Value Per Share | 2.24 X | ||||
| Cash Flow From Operations | (6.42 M) | ||||
| Earnings Per Share | (8.00) X | ||||
| Total Asset | 586.98 M | ||||
| Retained Earnings | (415.28 M) | ||||
| Current Asset | 134 K | ||||
| Current Liabilities | 908 K | ||||
About KORE Group Performance
By analyzing KORE Group's fundamental ratios, stakeholders can gain valuable insights into KORE Group's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if KORE Group 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 Group has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
KORE Group Holdings, Inc. provides Internet of Things services and solutions worldwide. The company was founded in 2002 and is headquartered in Alpharetta, Georgia. Kore Group operates under Telecom Services classification in the United States and is traded on New York Stock Exchange. It employs 614 people.Things to note about KORE Group Holdings performance evaluation
Checking the ongoing alerts about KORE Group for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for KORE Group Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| KORE Group Holdings is way too risky over 90 days horizon | |
| KORE Group Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 276.61 M. Net Loss for the year was (167.04 M) with profit before overhead, payroll, taxes, and interest of 154.95 M. | |
| KORE Group Holdings currently holds about 40.44 M in cash with (6.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53. | |
| Roughly 67.0% of the company shares are owned by institutional investors |
- Analyzing KORE Group'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 Group's stock is overvalued or undervalued compared to its peers.
- Examining KORE Group'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 Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of KORE Group's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of KORE Group's stock. These opinions can provide insight into KORE Group's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for KORE Stock analysis
When running KORE Group's price analysis, check to measure KORE Group'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 Group is operating at the current time. Most of KORE Group's value examination focuses on studying past and present price action to predict the probability of KORE Group'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 Group's price. Additionally, you may evaluate how the addition of KORE Group to your portfolios can decrease your overall portfolio volatility.
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