Kore Group Holdings Stock Performance
| KORE Stock | USD 1.95 0.05 2.63% |
The company secures a Beta (Market Risk) of -0.0239, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KORE Group are expected to decrease at a much lower rate. During the bear market, KORE Group is likely to outperform the market. At this point, KORE Group Holdings has a negative expected return of -0.16%. Please make sure to verify KORE Group's skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if KORE Group Holdings performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days KORE Group Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
Last Split Factor 1:5 | Last Split Date 2024-07-01 |
1 | KORE Receives Continued Listing Standard Notice from NYSE | 09/16/2024 |
2 | Disposition of 1000 shares by Bo-linn Cheemin of KORE Group subject to Rule 16b-3 | 09/30/2024 |
3 | Disposition of 7277 shares by Paul Holtz of KORE Group subject to Rule 16b-3 | 10/02/2024 |
4 | Analyzing KORE Group Telecom Italia | 10/07/2024 |
5 | Serent Capital Announces Acquisition of KORE by Two Circles | 10/31/2024 |
6 | KORE Group stock price target increased by 25, Hold rating sustained | 11/20/2024 |
| Begin Period Cash Flow | 35 M |
KORE |
KORE Group Relative Risk vs. Return Landscape
If you would invest 235.00 in KORE Group Holdings on August 24, 2024 and sell it today you would lose (40.00) from holding KORE Group Holdings or give up 17.02% of portfolio value over 90 days. KORE Group Holdings is currently does not generate positive expected returns and assumes 5.1925% risk (volatility on return distribution) over the 90 days horizon. In different words, 46% of stocks are less volatile than KORE, and 99% 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 = -0.0308
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| Negative Returns | KORE |
Estimated Market Risk
| 5.19 actual daily | 46 54% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KORE Group is not performing at its full potential. However, 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 KORE Group 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 | 321.56 M | ||||
| Shares Outstanding | 17.01 M | ||||
| Price To Book | 1.19 X | ||||
| Price To Sales | 0.11 X | ||||
| Revenue | 276.61 M | ||||
| Gross Profit | 139.29 M | ||||
| EBITDA | (67.27 M) | ||||
| Net Income | (167.04 M) | ||||
| Cash And Equivalents | 40.44 M | ||||
| Cash Per Share | 0.53 X | ||||
| Total Debt | 309.52 M | ||||
| Debt To Equity | 1.61 % | ||||
| Current Ratio | 2.32 X | ||||
| Book Value Per Share | 2.24 X | ||||
| Cash Flow From Operations | (6.42 M) | ||||
| Earnings Per Share | (8.00) X | ||||
| Market Capitalization | 32.32 M | ||||
| Total Asset | 586.98 M | ||||
| Retained Earnings | (415.28 M) | ||||
| Working Capital | 27.49 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 23.32 | 21.64 | |
| Return On Tangible Assets | (1.34) | (1.41) | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | (0.28) | (0.27) | |
| Return On Equity | (4.52) | (4.29) |
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 generated a negative expected return over the last 90 days | |
| KORE Group Holdings has high historical volatility and very poor performance | |
| KORE Group Holdings may become a speculative penny stock | |
| 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 139.29 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. | |
| KORE Group Holdings has a poor financial position based on the latest SEC disclosures | |
| Roughly 67.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: KORE Group stock price target increased by 25, Hold rating sustained |
- 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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