KORE Group Holdings Stock Volatility
| KORE Stock | USD 9.15 -0.02 -0.22% |
Sharpe Ratio = 0.1404
| Leading Returns | Top Quartile | |||
| Strong | ||||
| Moderate | KORE | |||
| Modest | ||||
| Cash | Low | Moderate | Elevated | High |
| Below Benchmark |
KORE Group Holdings (KORE) recorded a Market Risk Adjusted Performance of -0.8%, a Risk of 9.86, and a Risk Adjusted Performance of 0.1%. Monthly moving average analysis places it at roughly 11% of its prior performance bandwidth.
Key indicators related to KORE Group's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Key risk metrics for KORE Group (3 Months):
Beta -1.58 | Alpha 1.32 | Risk 9.86 | Sharpe Ratio 0.14 | Expected Return 1.38 |
Moving together with KORE Stock
| 0.65 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.74 | CVX | Chevron Corp Earnings Call This Week | PairCorr |
Moving Against KORE Stock
| 0.85 | AXP | American Express | PairCorr |
| 0.75 | MMM | 3M Company | PairCorr |
| 0.7 | IBM | International Business | PairCorr |
| 0.48 | MSFT | Microsoft Earnings Call This Week | PairCorr |
| 0.39 | JPM | JPMorgan Chase | PairCorr |
| 0.32 | GE | GE Aerospace | PairCorr |
Sensitivity To Market
KORE Group Holdings beta of -1.58 quantifies how much of its total volatility (9.86%) is attributable to market-wide factors versus idiosyncratic drivers. KORE Group Holdings return dispersion over the lookback window shows standard deviation near 9.75% and semi-deviation near 0.0%, providing a baseline for comparison across peer instruments. Stock volatility reflects changes in expectations about revenue, margins, and competitive position. For KORE Group Holdings, price swings may be influenced by sector movement and company-specific headlines.
3 Months Beta |KORE Group Holdings Demand TrendCurrent 90-day KORE Group correlation with market (Dow Jones Industrial)Downside Risk
KORE daily return dispersion, captured by standard deviation, sets the baseline volatility reading for this instrument. High standard deviation indicates a volatile instrument; low standard deviation indicates a more stable one. Shifting the lookback window for KORE reveals whether current dispersion is consistent with its longer-term pattern. Changes in KORE standard deviation over successive periods may signal shifts in the underlying return regime.
Standard Deviation | 9.86 |
An important distinction for KORE Group is between total volatility and downside-only risk. Downside deviation and semi-deviation isolate the loss risk in KORE Group's daily returns from favorable moves. Total dispersion for KORE Group captures both favorable and adverse price swings. Downside deviation focuses exclusively on the adverse side of KORE Group's return distribution. KORE Group Holdings (KORE) recorded a Downside Deviation of 1.13, a Downside Variance of 1.29, and a Maximum Drawdown of 78.98.
Stock Volatility Analysis
Tracking KORE Group volatility quantifies the degree of price uncertainty over a given period. Highly volatile stocks like KORE Group tend to experience wider price swings in both directions. Periods of high volatility for KORE Group present both elevated risk and wider price ranges for traders. When KORE Group experiences high volatility, its stock price shifts dramatically in a short period.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. The Average Price transformation calculates the mean of KORE Group Holdings's open, high, low, and close for each trading period. By incorporating all four price components equally, it provides a balanced representation of each period's trading activity. Compared to using the closing price alone, the average price reduces the influence of end-of-day positioning and can serve as a smoother input for other technical indicators.
Projected Return Density Against Market
Given a 90-day horizon, KORE Group Holdings has a beta of -1.5842. This indicates as returns on its benchmark rise, returns on KORE Group Holdings tend to decrease by similarly larger amounts. On the other hand, during market turmoil, KORE Group tends to outperform its benchmark.Market risk ties KORE Group to macro cycles, whereas company or sector-specific developments represent independent drivers. Volatility metrics help measure this balance. KORE Group Holdings (KORE) recorded a Downside Deviation of 1.13, a Mean Deviation of 2.64, and a Standard Deviation of 9.75.
Predicted Return Distribution |
| Density |
What Drives KORE Group's Price Volatility?
Industry Dynamics
Sector-level catalysts in the Diversified Telecommunication Services sector often set the baseline volatility regime for KORE Group.Political and Economic Environment
Interest-rate path changes, geopolitical developments, and macro surprises influence investor risk tolerance.KORE Group's Company-Specific Factors
Execution updates, margin trends, and corporate actions can shift near-term return dispersion for KORE Group's.Stock Risk Measures
Given a 90-day horizon, the coefficient of variation of KORE Group is 712.0. The daily returns are distributed with a variance of 97.14 and standard deviation of 9.86. The mean deviation of KORE Group Holdings is currently at 2.6. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.94
α | Alpha over Dow Jones | 1.32 | |
β | Beta against Dow Jones | -1.5842 | |
σ | Overall volatility | 9.86 | |
Ir | Information ratio | 0.14 |
Stock Return Volatility
KORE Group daily volatility tracks how widely stock returns have moved around the mean across the selected time frame. The firm reflects 9.8558% volatility on return distribution over a 90-day horizon. On the other hand, Dow Jones Industrial reported 0.9427% volatility on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
Return momentum in KORE Stock is more useful when tested against peer-relative fundamentals and risk. Reviewing KORE Group's risk-adjusted indicators gives a clearer view of whether returns are being earned efficiently. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TDI | 1.16 | 0.11 | 0.06 | 0.08 | 1.55 | 2.66 | 7.23 | |||
| SEAT | 4.71 | 0.26 | 0.04 | 0.15 | 6.72 | 8.91 | 29.52 | |||
| KYIV | 2.53 | -0.10 | 0.00 | -0.06 | 0.00 | 4.48 | 17.08 | |||
| FNGR | 4.01 | -0.01 | 0.00 | -0.01 | 0.00 | 8.70 | 24.40 | |||
| LVO | 3.35 | 0.36 | 0.08 | 0.22 | 4.19 | 8.13 | 34.01 | |||
| NAMI | 5.32 | -0.19 | 0.00 | 0.42 | 0.00 | 13.95 | 51.80 | |||
| BZFD | 2.52 | -0.26 | 0.00 | -0.14 | 0.00 | 6.67 | 17.68 | |||
| NIPG | 3.01 | -0.57 | 0.00 | -0.51 | 0.00 | 6.25 | 19.77 | |||
| KORGW | 376.72 | 202.94 | 2.68 | -1.60 | 36.47 | 1,600 | 3,944 | |||
| MCHX | 1.98 | 0.05 | 0.02 | 0.07 | 2.26 | 5.22 | 12.72 |
Risk Metrics, Assumptions & Methodology
Standard deviation for KORE Group measures how widely returns scatter around their average over a given period. Dispersion compression can indicate low-information regimes where prices drift on thin conviction. KORE Group has a market cap of 160.92 M, ROE of -3.37%.
KORE Group Holdings inputs come from periodic company reporting and market reference feeds and are mapped into a consistent reporting framework. Volatility and downside metrics are estimated from historical return dispersion.
Editorial review and methodology oversight provided by: Gabriel Shpitalnik, Member of Macroaxis Editorial Board
KORE Group Volatility Profile Summary
Recent data suggests that KORE Group Holdings is more volatile than Dow Jones Industrial by approximately 10.49x over the selected horizon. This differential reflects the relative dispersion of returns and frames how the asset responds to broader market conditions. Observed price behavior indicates modest directional movement within the current volatility regime. Across the current 90-day horizon, that places the security below 88% of the broader equity and portfolio universe on a pure volatility basis. This positioning reflects relative dispersion compared to peers rather than extreme instability.KORE Group Holdings exhibits characteristics that tend to dampen sensitivity to smaller market fluctuations within the current volatility regime. This price-change note interprets the latest move in the context of short-horizon trading behavior. It highlights whether the move looks ordinary, stressed, or unusually speculative for the instrument. Observed price behavior reflects modest downward movement with limited trading activity. Return distributions derived from historical modeling outline a range of potential outcomes over the selected 90-day horizon. View KORE Group probability analysis.
Very strong inverse diversification
The correlation between KORE Group and Dow Jones is -0.66, which Macroaxis classifies as Very strong inverse diversification for the selected horizon. A -0.66 reading means KORE Group and Dow Jones have partial price overlap, providing moderate risk reduction when paired.
KORE Group Additional Risk Indicators
Secondary risk indicators for KORE Group Holdings evaluate exposure beyond standard deviation, beta, or one headline volatility measure. A thorough risk review clarifies whether current exposure warrants maintenance, reduction, or offset elsewhere in the portfolio.
| Risk Adjusted Performance | 0.1369 | |||
| Market Risk Adjusted Performance | -0.82 | |||
| Mean Deviation | 2.64 | |||
| Downside Deviation | 1.13 | |||
| Coefficient Of Variation | 732.91 | |||
| Standard Deviation | 9.75 | |||
| Variance | 94.99 |
KORE Group Suggested Diversification Pairs
A pair-trading setup around KORE Group shifts the return benchmark from the broad market to a second position, altering the risk profile. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
Pair strategies reduce risk, but not all risk is diversifiable through pairing. Market-level risk for KORE Group persists even in a well-constructed pair. The benefit is in offsetting KORE Group's company-specific risk, which can be meaningfully reduced by selecting a second position that moves independently of KORE Group Holdings.