Kore Mining Stock Performance
| KOREF Stock | USD 0.02 0 7.62% |
On a scale of 0 to 100, KORE Mining holds a performance score of 4. The company secures a Beta (Market Risk) of -0.35, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning KORE Mining are expected to decrease at a much lower rate. During the bear market, KORE Mining is likely to outperform the market. Please check KORE Mining's maximum drawdown and the relationship between the semi variance and price action indicator , to make a quick decision on whether KORE Mining's current price movements will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in KORE Mining are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, KORE Mining reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 4.9 M | |
| Total Cashflows From Investing Activities | -229 K |
KORE |
KORE Mining Relative Risk vs. Return Landscape
If you would invest 2.00 in KORE Mining on August 25, 2024 and sell it today you would earn a total of 0.26 from holding KORE Mining or generate 13.0% return on investment over 90 days. KORE Mining is currently producing 0.5221% returns and takes up 8.3537% volatility of returns over 90 trading days. Put another way, 74% of traded pink sheets are less volatile than KORE, and 90% of all traded equity instruments are likely to generate higher returns 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 pink sheets, 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 = 0.0625
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| Small Returns | KOREF | |||
| 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
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average KORE Mining is performing at about 4% 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 Pink Sheet 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 Pink Sheet performance.
| Return On Equity | -1.23 | |||
| Return On Asset | -0.63 | |||
| Current Valuation | 2.68 M | |||
| Shares Outstanding | 201.83 M | |||
| Price To Book | 1.89 X | |||
| EBITDA | 447.51 K | |||
| Cash And Equivalents | 1.43 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 149.5 K | |||
| Debt To Equity | 0.05 % | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (8.26 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 6.21 M | |||
About KORE Mining Performance
By analyzing KORE Mining's fundamental ratios, stakeholders can gain valuable insights into KORE Mining's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. 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.
KORE Mining Ltd. engages in the exploration, development, and evaluation of mineral resource properties. It focuses on two 100 percent owned gold projects, including the Imperial project that consists of 654 claims covering an area of approximately 31,000 acres located in Imperial County, southeastern California and the Long Valley gold development project that cover an area of approximately 15,965 acres located in Mono County, east-central California. Kore Mining is traded on OTC Exchange in the United States.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. Pink Sheet 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 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 |
- 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 pink sheet. These opinions can provide insight into KORE Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for KORE Pink Sheet 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.
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