Kore Group Holdings Stock Market Value
| KORE Stock | USD 2.50 0.07 2.88% |
| Symbol | KORE |
KORE Group Holdings Price To Book Ratio
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KORE Group. If investors know KORE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KORE Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.00) | Revenue Per Share | Quarterly Revenue Growth 0.004 | Return On Assets | Return On Equity |
The market value of KORE Group Holdings is measured differently than its book value, which is the value of KORE that is recorded on the company's balance sheet. Investors also form their own opinion of KORE Group's value that differs from its market value or its book value, called intrinsic value, which is KORE Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KORE Group's market value can be influenced by many factors that don't directly affect KORE Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KORE Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if KORE Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KORE Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
KORE Group 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to KORE Group's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of KORE Group.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in KORE Group on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding KORE Group Holdings or generate 0.0% return on investment in KORE Group over 90 days. KORE Group is related to or competes with Liberty Broadband, Cable One, Liberty Broadband, Telkom Indonesia, Liberty Global, SK Telecom, and TIM Participacoes. KORE Group Holdings, Inc. provides Internet of Things services and solutions worldwide More
KORE Group Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure KORE Group's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess KORE Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.42 | |||
| Information Ratio | 0.1567 | |||
| Maximum Drawdown | 44.88 | |||
| Value At Risk | (8.23) | |||
| Potential Upside | 14.41 |
KORE Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KORE Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KORE Group's standard deviation. In reality, there are many statistical measures that can use KORE Group historical prices to predict the future KORE Group's volatility.| Risk Adjusted Performance | 0.134 | |||
| Jensen Alpha | 1.21 | |||
| Total Risk Alpha | 2.04 | |||
| Sortino Ratio | 0.2206 | |||
| Treynor Ratio | 0.9384 |
KORE Group Holdings Backtested Returns
KORE Group is very risky given 3 months investment horizon. KORE Group Holdings has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19 % return per unit of volatility over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.5% are justified by taking the suggested risk. Use KORE Group Holdings mean deviation of 5.32, and Risk Adjusted Performance of 0.134 to evaluate company specific risk that cannot be diversified away. KORE Group holds a performance score of 15 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 1.16, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, KORE Group will likely underperform. Use KORE Group Holdings semi variance, and the relationship between the maximum drawdown and accumulation distribution , to analyze future returns on KORE Group Holdings.
Auto-correlation | 0.54 |
Modest predictability
KORE Group Holdings has modest predictability. Overlapping area represents the amount of predictability between KORE Group time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of KORE Group Holdings price movement. The serial correlation of 0.54 indicates that about 54.0% of current KORE Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
KORE Group Holdings lagged returns against current returns
Autocorrelation, which is KORE Group stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting KORE Group's stock expected returns. We can calculate the autocorrelation of KORE Group returns to help us make a trade decision. For example, suppose you find that KORE Group has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
KORE Group regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If KORE Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KORE Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KORE Group stock over time.
Current vs Lagged Prices |
| Timeline |
KORE Group Lagged Returns
When evaluating KORE Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KORE Group stock have on its future price. KORE Group autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, KORE Group autocorrelation shows the relationship between KORE Group stock current value and its past values and can show if there is a momentum factor associated with investing in KORE Group Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether KORE Group Holdings is a strong investment it is important to analyze KORE Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KORE Group's future performance. For an informed investment choice regarding KORE Stock, refer to the following important reports:Check out KORE Group Correlation, KORE Group Volatility and KORE Group Alpha and Beta module to complement your research on KORE Group. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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.