Kore Mining Stock Performance
| KORE Stock | CAD 0.04 0.01 20.00% |
On a scale of 0 to 100, Kore Mining holds a performance score of 1. The company secures a Beta (Market Risk) of -0.8, 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 total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Kore Mining's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Kore Mining are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Kore Mining showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Dividend Date 2018-11-02 | Ex Dividend Date 1999-08-27 | Last Split Date 2018-11-01 |
1 | Rock Tech Lithium Share Price Passes Below Fifty Day Moving Average of 1.16 - Defense World | 03/28/2024 |
2 | KORE Mining Welcomes New Director, Grants Options - TipRanks.com - TipRanks | 04/10/2024 |
3 | Insider Selling The Bank of New York Mellon Co. EVP Sells 40000 Shares of Stock - Defense World | 04/24/2024 |
| Begin Period Cash Flow | 743.3 K |
Kore |
Kore Mining Relative Risk vs. Return Landscape
If you would invest 5.00 in Kore Mining on March 13, 2024 and sell it today you would lose (1.00) from holding Kore Mining or give up 20.0% of portfolio value over 90 days. Kore Mining is generating 0.2688% of daily returns assuming 11.3809% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Kore on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company 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 stocks, 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 = 0.0236
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 11.38 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Kore Mining is performing at about 1% 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 Stock 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 Stock performance.
| Return On Equity | -0.84 | ||||
| Return On Asset | -0.36 | ||||
| Current Valuation | 9.36 M | ||||
| Shares Outstanding | 202.43 M | ||||
| Price To Book | 7.45 X | ||||
| EBITDA | (1.45 M) | ||||
| Net Income | (1.56 M) | ||||
| Cash And Equivalents | 41.82 K | ||||
| Total Debt | 297.58 K | ||||
| Current Ratio | 0.24 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (1.01 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 9.11 M | ||||
| Total Asset | 2.13 M | ||||
| Retained Earnings | (23.01 M) | ||||
| Working Capital | (789.3 K) | ||||
About Kore Mining Performance
To evaluate Kore Mining Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Kore Mining generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Kore Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Kore Mining market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Kore's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.73) | (0.77) | |
| Return On Capital Employed | (1.20) | (1.26) | |
| Return On Assets | (0.73) | (0.77) | |
| Return On Equity | (1.21) | (1.15) |
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. Stock 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 had very high historical volatility over the last 90 days | |
| Kore Mining has some characteristics of a very speculative penny stock | |
| Kore Mining has high likelihood to experience some financial distress in the next 2 years | |
| Kore Mining has accumulated 297.58 K in total debt. Kore Mining has a current ratio of 0.24, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Kore Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Kore Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kore Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kore to invest in growth at high rates of return. When we think about Kore Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.56 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Kore Mining has accumulated about 41.82 K in cash with (1.01 M) of positive cash flow from operations. | |
| Roughly 33.0% 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 stock. These opinions can provide insight into Kore Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Kore Stock 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.