KORE Net Working Capital vs Net Invested Capital Analysis
KORE Stock | USD 0.75 0.04 4.59% |
KORE Group financial indicator trend analysis is infinitely more than just investigating KORE Group Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KORE Group Holdings is a good investment. Please check the relationship between KORE Group Net Working Capital and its Net Invested Capital accounts. 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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Net Working Capital vs Net Invested Capital
Net Working Capital vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KORE Group Holdings Net Working Capital account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between KORE Group's Net Working Capital and Net Invested Capital is 0.94. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of KORE Group Holdings, assuming nothing else is changed. The correlation between historical values of KORE Group's Net Working Capital and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of KORE Group Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Working Capital i.e., KORE Group's Net Working Capital and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Working Capital
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from KORE Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KORE Group Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At present, KORE Group's Enterprise Value Multiple is projected to drop based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 689.1 M, whereas Selling General Administrative is forecasted to decline to about 103.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 23.3M | 31.4M | 43.2M | 32.1M | Depreciation And Amortization | 50.4M | 54.5M | 60.7M | 58.6M |
KORE Group fundamental ratios Correlations
Click cells to compare fundamentals
KORE Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards KORE Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, KORE Group's short interest history, or implied volatility extrapolated from KORE Group options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for KORE Stock analysis
When running KORE Group's price analysis, check to measure KORE Group'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 Group is operating at the current time. Most of KORE Group's value examination focuses on studying past and present price action to predict the probability of KORE Group'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 Group's price. Additionally, you may evaluate how the addition of KORE Group to your portfolios can decrease your overall portfolio volatility.
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Transaction History View history of all your transactions and understand their impact on performance | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
Is KORE Group's industry 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 (1.99) | Revenue Per Share 3.301 | Quarterly Revenue Growth 0.161 | Return On Assets (0.04) | Return On Equity (1.53) |
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.