Kore Group Holdings Stock Alpha and Beta Analysis
| KORE Stock | USD 1.85 0.10 5.13% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as KORE Group Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in KORE Group over a specified time horizon. Remember, high KORE Group's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to KORE Group's market risk premium analysis include:
Beta (0.11) | Alpha (0.27) | Risk 5.19 | Sharpe Ratio (0.05) | Expected Return (0.25) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
KORE |
KORE Group Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. KORE Group market risk premium is the additional return an investor will receive from holding KORE Group long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in KORE Group. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate KORE Group's performance over market.| α | -0.27 | β | -0.11 |
KORE Group expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of KORE Group's Buy-and-hold return. Our buy-and-hold chart shows how KORE Group performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.KORE Group Market Price Analysis
Market price analysis indicators help investors to evaluate how KORE Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KORE Group shares will generate the highest return on investment. By understating and applying KORE Group stock market price indicators, traders can identify KORE Group position entry and exit signals to maximize returns.
KORE Group Return and Market Media
The median price of KORE Group for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 2.12 with a coefficient of variation of 7.96. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 2.14, and mean deviation of 0.13. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
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 Holdings reports Q3 results | 11/19/2024 |
7 | Kore Group Holdings Inc Q3 2024 Earnings Call Highlights Navigating Growth and ... | 11/20/2024 |
8 | TD Cowen Issues Positive Forecast for KORE Group Stock Price | 11/22/2024 |
About KORE Group Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including KORE or other stocks. Alpha measures the amount that position in KORE Group Holdings has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 75.9 | 60.56 | 71.95 | 77.65 | PTB Ratio | 1.04 | 0.53 | 2.22 | 1.15 |
KORE Group Upcoming Company Events
As portrayed in its financial statements, the presentation of KORE Group's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, KORE Group's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of KORE Group's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of KORE Group. Please utilize our Beneish M Score to check the likelihood of KORE Group's management manipulating its earnings.
| 25th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 25th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with KORE Group
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out KORE Group Backtesting, KORE Group Valuation, KORE Group Correlation, KORE Group Hype Analysis, KORE Group Volatility, KORE Group History and analyze KORE Group Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
KORE Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.