Kinaxis Stock Analysis

Kinaxis Stock Analysis Notes

About 48.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.82. Kinaxis had not issued any dividends in recent years. 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. It employs 662 people. To find out more about Kinaxis contact John Sicard at 613-592-5780 or learn more at https://www.kinaxis.com.

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Kinaxis Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.26 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 Profitablity

The company has Profit Margin (PM) of 0.02 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.

Management Efficiency

Kinaxis has return on total asset (ROA) of 0.0132 % which means that it generated a profit of $0.0132 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0235 %, meaning that it generated $0.0235 on every $100 dollars invested by stockholders. Kinaxis' management efficiency ratios could be used to measure how well Kinaxis manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of April 2024, Return On Assets is likely to grow to 0.02, while Return On Tangible Assets are likely to drop 0.02. At this time, Kinaxis' Debt To Assets are very stable compared to the past year. As of the 18th of April 2024, Fixed Asset Turnover is likely to grow to 9.69, while Total Assets are likely to drop about 357.9 M.

Technical Drivers

As of the 18th of April 2024, Kinaxis secures the Risk Adjusted Performance of 0.0225, downside deviation of 2.53, and Mean Deviation of 1.6. Kinaxis technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Kinaxis, which can be compared to its peers in the industry. Please verify Kinaxis treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Kinaxis is priced some-what accurately, providing market reflects its recent price of 151.68 per share.

Kinaxis Price Movement Analysis

Kinaxis Predictive Daily Indicators

Kinaxis Forecast Models

Kinaxis' time-series forecasting models are one of many Kinaxis' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Kinaxis' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Kinaxis prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Kinaxis shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Kinaxis. By using and applying Kinaxis Stock analysis, traders can create a robust methodology for identifying Kinaxis entry and exit points for their positions.

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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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.