KORE Group Stock Forward View - Simple Exponential Smoothing
| KORE Stock | USD 4.92 0.04 0.82% |
KORE Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast KORE Group stock prices and determine the direction of KORE Group Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of KORE Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The value of RSI of KORE Group's share price is at 58. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling KORE Group, making its price go up or down. Momentum 58
Buy Extended
Oversold | Overbought |
Using KORE Group hype-based prediction, you can estimate the value of KORE Group Holdings from the perspective of KORE Group response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of KORE Group Holdings on the next trading day is expected to be 4.92 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.33. KORE Group after-hype prediction price | USD 4.92 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of KORE Group to cross-verify your projections. KORE Group Additional Predictive Modules
Most predictive techniques to examine KORE price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for KORE using various technical 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
KORE Group Simple Exponential Smoothing Price Forecast For the 30th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of KORE Group Holdings on the next trading day is expected to be 4.92 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.33.Please note that although there have been many attempts to predict KORE Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that KORE Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
KORE Group Stock Forecast Pattern
| Backtest KORE Group | KORE Group Price Prediction | Buy or Sell Advice |
KORE Group Forecasted Value
In the context of forecasting KORE Group's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. KORE Group's downside and upside margins for the forecasting period are 1.21 and 8.63, respectively. We have considered KORE Group's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of KORE Group stock data series using in forecasting. Note that when a statistical model is used to represent KORE Group stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 112.591 |
| Bias | Arithmetic mean of the errors | -0.0225 |
| MAD | Mean absolute deviation | 0.1222 |
| MAPE | Mean absolute percentage error | 0.0278 |
| SAE | Sum of the absolute errors | 7.33 |
Predictive Modules for KORE Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KORE Group Holdings. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.KORE Group After-Hype Price Density Analysis
As far as predicting the price of KORE Group at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in KORE Group or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of KORE Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
KORE Group Estimiated After-Hype Price Volatility
In the context of predicting KORE Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on KORE Group's historical news coverage. KORE Group's after-hype downside and upside margins for the prediction period are 1.21 and 8.63, respectively. We have considered KORE Group's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
KORE Group is moderately volatile at this time. Analysis and calculation of next after-hype price of KORE Group Holdings is based on 3 months time horizon.
KORE Group Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as KORE Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading KORE Group backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with KORE Group, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.59 | 3.71 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
4.92 | 4.92 | 0.00 |
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KORE Group Hype Timeline
KORE Group Holdings is now traded for 4.92. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. KORE is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is now at 0.59%. %. The volatility of related hype on KORE Group is about 0.0%, with the expected price after the next announcement by competition of 4.92. About 41.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.19. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. KORE Group Holdings has Price/Earnings To Growth (PEG) ratio of 0.14. The entity recorded a loss per share of 3.58. The firm had not issued any dividends in recent years. KORE Group had 1:5 split on the 1st of July 2024. Given the investment horizon of 90 days the next projected press release will be uncertain. Check out Historical Fundamental Analysis of KORE Group to cross-verify your projections.KORE Group Related Hype Analysis
Having access to credible news sources related to KORE Group's direct competition is more important than ever and may enhance your ability to predict KORE Group's future price movements. Getting to know how KORE Group's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how KORE Group may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TDI | Touchstone Dynamic International | 0.00 | 0 per month | 0.47 | 0.21 | 1.42 | (1.27) | 3.45 | |
| SEAT | Vivid Seats | 0.00 | 0 per month | 0.00 | (0.19) | 6.34 | (10.82) | 22.35 | |
| KYIV | Kyivstar Group Ltd | 0.00 | 0 per month | 0.00 | (0.07) | 7.07 | (5.61) | 20.31 | |
| FNGR | FingerMotion | 0.00 | 0 per month | 0.00 | (0.06) | 8.26 | (6.67) | 28.83 | |
| LVO | LiveOne | 0.00 | 0 per month | 0.00 | (0.06) | 5.13 | (7.32) | 18.96 | |
| NAMI | Jinxin Technology Holding | 0.00 | 0 per month | 0.00 | (0.08) | 10.81 | (9.76) | 57.29 | |
| BZFD | BuzzFeed | 0.00 | 0 per month | 0.00 | (0.13) | 6.67 | (7.14) | 37.49 | |
| NIPG | NIP Group American | 0.00 | 0 per month | 0.00 | (0.17) | 4.72 | (6.92) | 18.48 | |
| KORGW | KORGW | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MCHX | Marchex | 0.00 | 0 per month | 0.00 | (0.05) | 2.52 | (3.51) | 14.87 |
Other Forecasting Options for KORE Group
For every potential investor in KORE, whether a beginner or expert, KORE Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. KORE Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in KORE. Basic forecasting techniques help filter out the noise by identifying KORE Group's price trends.KORE Group Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with KORE Group stock to make a market-neutral strategy. Peer analysis of KORE Group could also be used in its relative valuation, which is a method of valuing KORE Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
KORE Group Market Strength Events
Market strength indicators help investors to evaluate how KORE Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KORE Group shares will generate the highest return on investment. By undertsting and applying KORE Group stock market strength indicators, traders can identify KORE Group Holdings entry and exit signals to maximize returns.
KORE Group Risk Indicators
The analysis of KORE Group's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in KORE Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kore stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.81 | |||
| Semi Deviation | 2.54 | |||
| Standard Deviation | 3.71 | |||
| Variance | 13.74 | |||
| Downside Variance | 9.18 | |||
| Semi Variance | 6.43 | |||
| Expected Short fall | (3.32) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for KORE Group
The number of cover stories for KORE Group depends on current market conditions and KORE Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that KORE Group is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about KORE Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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KORE Group Short Properties
KORE Group's future price predictability will typically decrease when KORE Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of KORE Group Holdings often depends not only on the future outlook of the potential KORE Group's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. KORE Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.2 M | |
| Cash And Short Term Investments | 19.4 M |
Check out Historical Fundamental Analysis of KORE Group to cross-verify your projections. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Will Stock sector continue expanding? Could KORE diversify its offerings? Factors like these will boost the valuation of KORE Group. Expected growth trajectory for KORE significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every KORE Group data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Understanding KORE Group Holdings requires distinguishing between market price and book value, where the latter reflects KORE's accounting equity. The concept of intrinsic value—what KORE Group's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push KORE Group's price substantially above or below its fundamental value.
Understanding that KORE Group's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether KORE Group represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, KORE Group's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.