Kinaxis Stock Performance
| KXS Stock | CAD 151.71 0.80 0.52% |
The company secures a Beta (Market Risk) of 1.25, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kinaxis will likely underperform. Kinaxis has an expected return of -0.0857%. Please make sure to verify Kinaxis potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Kinaxis performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Kinaxis has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Kinaxis is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Nvidia Stock Reaches Record High Is It the Right Time to Buy By Kalkine Media - Investing.com Canada | 02/07/2024 |
2 | 3 Top Artificial Intelligence Stocks to Buy in March - Yahoo Canada Finance | 02/22/2024 |
3 | Kinaxis Full Year 2023 Earnings EPS Beats Expectations - Yahoo Finance | 03/01/2024 |
4 | 2 AI Stocks to Turbocharge Your Savings - MSN | 03/08/2024 |
5 | Kinaxis Inc. Director Sells C1113158.68 in Stock - Defense World | 03/12/2024 |
6 | Insider Selling Kinaxis Inc. Director Sells 7,530 Shares of Stock - MarketBeat | 03/21/2024 |
7 | Kinaxis Inc. Receives C199.44 Average PT from Analysts - MarketBeat | 03/26/2024 |
8 | Invest in Canadas Tech Powerhouses Unleash the Potential of Shopify, Lightspeed, and Kinaxis - MSN | 04/09/2024 |
9 | Kinaxis Welcomes Valantic to its Growing Partner Ecosystem - Yahoo Finance | 04/18/2024 |
| Begin Period Cash Flow | 175.3 M |
Kinaxis |
Kinaxis Relative Risk vs. Return Landscape
If you would invest 16,266 in Kinaxis on January 25, 2024 and sell it today you would lose (1,095) from holding Kinaxis or give up 6.73% of portfolio value over 90 days. Kinaxis is producing return of less than zero assuming 2.2309% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than Kinaxis, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Kinaxis Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinaxis' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kinaxis, and traders can use it to determine the average amount a Kinaxis' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0384
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KXS |
Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kinaxis is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Kinaxis by adding Kinaxis to a well-diversified portfolio.
Kinaxis Fundamentals Growth
Kinaxis Stock prices reflect investors' perceptions of the future prospects and financial health of Kinaxis, and Kinaxis fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Kinaxis Stock performance.
| Return On Equity | 0.0235 | ||||
| Return On Asset | 0.0132 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 4.03 B | ||||
| Shares Outstanding | 28.33 M | ||||
| Price To Earning | 252.28 X | ||||
| Price To Book | 6.89 X | ||||
| Price To Sales | 10.04 X | ||||
| Revenue | 426.97 M | ||||
| Gross Profit | 235.79 M | ||||
| EBITDA | 28.75 M | ||||
| Net Income | 10.06 M | ||||
| Cash And Equivalents | 175.35 M | ||||
| Cash Per Share | 7.90 X | ||||
| Total Debt | 56.97 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 2.84 X | ||||
| Book Value Per Share | 16.00 X | ||||
| Cash Flow From Operations | 79.36 M | ||||
| Earnings Per Share | 0.49 X | ||||
| Market Capitalization | 4.32 B | ||||
| Total Asset | 691.98 M | ||||
| Retained Earnings | 101.8 M | ||||
| Working Capital | 281.28 M | ||||
| Current Asset | 244.41 M | ||||
| Current Liabilities | 75.08 M | ||||
About Kinaxis Performance
To evaluate Kinaxis Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Kinaxis generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Kinaxis Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Kinaxis market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Kinaxis's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00000217 | 0.000002 | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.01 | 0.02 | |
| Return On Equity | 0.02 | 0.02 |
Things to note about Kinaxis performance evaluation
Checking the ongoing alerts about Kinaxis for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kinaxis help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kinaxis generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Kinaxis Welcomes Valantic to its Growing Partner Ecosystem - Yahoo Finance |
- Analyzing Kinaxis' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Kinaxis' stock is overvalued or undervalued compared to its peers.
- Examining Kinaxis' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Kinaxis' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kinaxis' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kinaxis' stock. These opinions can provide insight into Kinaxis' potential for growth and whether the stock is currently undervalued or overvalued.
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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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