KORE Mining Financials
KOREF Stock | USD 0.03 0 13.04% |
KORE |
KORE Mining Stock Summary
KORE Mining competes with Harmony Gold, SPACE, T Rowe, Ampleforth, and Ionet. KORE Mining Ltd. engages in the exploration, development, and evaluation of mineral resource properties. It focuses on two 100 percent owned gold projects, including the Imperial project that consists of 654 claims covering an area of approximately 31,000 acres located in Imperial County, southeastern California and the Long Valley gold development project that cover an area of approximately 15,965 acres located in Mono County, east-central California. Kore Mining is traded on OTC Exchange in the United States.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
Business Address | 1055 West Hastings |
Sector | Basic Materials |
Industry | Gold |
Benchmark | Dow Jones Industrial |
Website | www.koremining.com |
Phone | 888 407 5450 |
Currency | USD - US Dollar |
KORE Mining Key Financial Ratios
There are many critical financial ratios that KORE Mining's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that KORE Mining reports annually and quarterly.Return On Equity | -1.23 | |||
Return On Asset | -0.63 | |||
Beta | -1.57 | |||
Z Score | 20.4 |
KORE Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining KORE Mining's current stock value. Our valuation model uses many indicators to compare KORE Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across KORE Mining competition to find correlations between indicators driving KORE Mining's intrinsic value. More Info.KORE Mining is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the KORE Mining's earnings, one of the primary drivers of an investment's value.KORE Mining Systematic Risk
KORE Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. KORE Mining volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on KORE Mining correlated with the market. If Beta is less than 0 KORE Mining generally moves in the opposite direction as compared to the market. If KORE Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one KORE Mining is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of KORE Mining is generally in the same direction as the market. If Beta > 1 KORE Mining moves generally in the same direction as, but more than the movement of the benchmark.
KORE Mining December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of KORE Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of KORE Mining. We use our internally-developed statistical techniques to arrive at the intrinsic value of KORE Mining based on widely used predictive technical indicators. In general, we focus on analyzing KORE Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build KORE Mining's daily price indicators and compare them against related drivers.
Downside Deviation | 9.88 | |||
Information Ratio | 0.0645 | |||
Maximum Drawdown | 55.08 | |||
Value At Risk | (10.34) | |||
Potential Upside | 16.67 |
Complementary Tools for KORE Pink Sheet 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.
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |