Kinaxis Stock Price on July 5, 2023

KXS Stock  CAD 157.69  2.90  1.81%   
If you're considering investing in Kinaxis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kinaxis stands at 157.69, as last reported on the 28th of February, with the highest price reaching 163.22 and the lowest price hitting 154.57 during the day. Kinaxis has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15 % return per unit of risk over the last 3 months. Kinaxis exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kinaxis' Mean Deviation of 1.12, risk adjusted performance of (0.10), and Standard Deviation of 1.54 to check out the risk estimate we provide.
  
Kinaxis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1487

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Estimated Market Risk

 1.54
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  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 Valuation on July 5, 2023

It is possible to determine the worth of Kinaxis on a given historical date. On July 5, 2023 Kinaxis was worth 185.43 at the beginning of the trading date compared to the closed value of 187.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kinaxis stock. Still, in general, we apply an absolute valuation method to find Kinaxis' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Kinaxis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kinaxis' related companies.
 Open High Low Close Volume
  188.01    188.57    186.76    187.64    29,500  
07/05/2023
  185.43    189.15    185.26    187.79    28,300  
  185.76    187.01    183.78    185.25    39,300  
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Open Value
185.43
180.81
Downside
187.79
Closing Value
190.05
Upside

Kinaxis Trading Date Momentum on July 5, 2023

On July 06 2023 Kinaxis was traded for  185.25  at the closing time. The maximum traded price for the trading interval was 187.01  and the lowest daily price was  183.78 . The daily volume was recorded at 39.3 K. The volume of trading on 6th of July 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.35% . The trading delta at closing time to the closing price today is 1.29% .

Kinaxis Fundamentals Correlations and Trends

By evaluating Kinaxis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Kinaxis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kinaxis financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Kinaxis Stock history

Kinaxis investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Kinaxis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kinaxis will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Kinaxis stock prices may prove useful in developing a viable investing in Kinaxis
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.

Kinaxis Stock Technical Analysis

Kinaxis technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Kinaxis technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kinaxis trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Kinaxis Period Price Range

Low
February 28, 2025
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High

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Kinaxis cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Kinaxis February 28, 2025 Market Strength

Market strength indicators help investors to evaluate how Kinaxis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kinaxis shares will generate the highest return on investment. By undertsting and applying Kinaxis stock market strength indicators, traders can identify Kinaxis entry and exit signals to maximize returns

Kinaxis Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Kinaxis' price direction in advance. Along with the technical and fundamental analysis of Kinaxis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kinaxis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Kinaxis Stock

Kinaxis financial ratios help investors to determine whether Kinaxis Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kinaxis with respect to the benefits of owning Kinaxis security.