Kinaxis Stock Today
| KXS Stock | CAD 151.57 0.11 0.07% |
Performance0 of 100
| Odds Of DistressLess than 5
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Kinaxis is selling at 151.57 as of the 19th of April 2024; that is -0.07 percent decrease since the beginning of the trading day. The stock's open price was 151.68. Kinaxis has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Kinaxis are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Software & Services | Category Technology | Classification Information Technology |
Kinaxis Inc. provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. Kinaxis Inc. was founded in 1984 and is headquartered in Ottawa, Canada. KINAXIS INC operates under SoftwareApplication classification in Canada and is traded on Toronto Stock Exchange. The company has 28.33 M outstanding shares of which 230.35 K shares are now shorted by private and institutional investors with about 2.69 days to cover all short positions. More on Kinaxis
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Kinaxis Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Kinaxis' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kinaxis or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | John Sicard | ||||
| Business Concentration | Application Software, Software - Application, Information Technology, Information Technology, Software, Software—Application, Technology (View all Sectors) | ||||
Kinaxis' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kinaxis' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kinaxis' financial leverage. It provides some insight into what part of Kinaxis' total assets is financed by creditors.
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Kinaxis (KXS) is traded on Toronto Exchange in Canada and employs 37 people. Kinaxis is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.29 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kinaxis's market, we take the total number of its shares issued and multiply it by Kinaxis's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Kinaxis operates under Software sector and is part of Information Technology industry. The entity has 28.33 M outstanding shares of which 230.35 K shares are now shorted by private and institutional investors with about 2.69 days to cover all short positions.
Kinaxis has accumulated about 175.35 M in cash with 79.36 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.9.
Check Kinaxis Probability Of Bankruptcy
Ownership AllocationKinaxis holds a total of 28.33 Million outstanding shares. 30% of Kinaxis outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Kinaxis Ownership Details
Kinaxis Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Kinaxis jumping above the current price in 90 days from now is about 69.17%. The Kinaxis probability density function shows the probability of Kinaxis stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.2089. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Kinaxis will likely underperform. Additionally, kinaxis has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Kinaxis to move above the current price in 90 days from now is about 69.17 (This Kinaxis probability density function shows the probability of Kinaxis Stock to fall within a particular range of prices over 90 days) .
Kinaxis Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Kinaxis market risk premium is the additional return an investor will receive from holding Kinaxis long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Kinaxis. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Kinaxis' alpha and beta are two of the key measurements used to evaluate Kinaxis' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.53 | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.92 | |||
| Risk Adjusted Performance | 0.0037 |
Kinaxis Stock Against Markets
Picking the right benchmark for Kinaxis stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Kinaxis stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Kinaxis is critical whether you are bullish or bearish towards Kinaxis at a given time. Please also check how Kinaxis' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kinaxis without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Kinaxis Corporate Directors
Kinaxis corporate directors refer to members of a Kinaxis board of directors. The board of directors generally takes responsibility for the Kinaxis' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Kinaxis' board members must vote for the resolution. The Kinaxis board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jill Denham | Independent Director | Profile | |
| Robert Courteau | Independent Director | Profile | |
| Howard Gwin | Independent Director | Profile | |
| Robert Wadsworth | Director | Profile |
How to buy Kinaxis Stock?
Before investing in Kinaxis, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Kinaxis. To buy Kinaxis stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kinaxis. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Kinaxis stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Kinaxis stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Kinaxis stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Kinaxis, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Kinaxis?
The danger of trading Kinaxis is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Kinaxis is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Kinaxis. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kinaxis is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinaxis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Kinaxis Stock analysis
When running Kinaxis' price analysis, check to measure Kinaxis' 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 Kinaxis is operating at the current time. Most of Kinaxis' value examination focuses on studying past and present price action to predict the probability of Kinaxis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinaxis' price. Additionally, you may evaluate how the addition of Kinaxis to your portfolios can decrease your overall portfolio volatility.
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