Kore Group Holdings Stock Pattern Recognition Short Line Candle

KORE Stock  USD 1.70  0.05  2.86%   
KORE Group pattern recognition tool provides the execution environment for running the Short Line Candle recognition and other technical functions against KORE Group. KORE Group value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Short Line Candle recognition function is designed to identify and follow existing trends. KORE Group momentum indicators are usually used to generate trading rules based on assumptions that KORE Group trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of eleven valid pattern recognition events for the selected time horizon. The Short Line Candle pattern describes signals for either bullish or bearish trend during either reversal or continuation condition of KORE Group Holdings.

KORE Group Technical Analysis Modules

Most technical analysis of KORE Group help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for KORE from various momentum indicators to cycle indicators. When you analyze KORE charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About KORE Group Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KORE Group Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of KORE Group Holdings based on widely used predictive technical indicators. In general, we focus on analyzing KORE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build KORE Group's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of KORE Group's intrinsic value. In addition to deriving basic predictive indicators for KORE Group, we also check how macroeconomic factors affect KORE Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding75.960.5671.9577.65
PTB Ratio1.040.532.221.15
Hype
Prediction
LowEstimatedHigh
0.091.716.88
Details
Intrinsic
Valuation
LowRealHigh
0.112.187.35
Details
Naive
Forecast
LowNextHigh
0.031.626.79
Details
4 Analysts
Consensus
LowTargetHigh
3.373.704.11
Details

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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KORE Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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
15.421
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.04)
Return On Equity
(3.37)
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.