Kinaxis Stock Performance
| KXS Stock | CAD 170.59 1.91 1.13% |
On a scale of 0 to 100, Kinaxis holds a performance score of 5. The company secures a Beta (Market Risk) of 0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kinaxis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kinaxis is expected to be smaller as well. Please check Kinaxis' treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Kinaxis' current price movements will revert.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Kinaxis are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Kinaxis displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Kinaxis stock price target, rating maintained amid CEO change - Investing.com | 08/29/2024 |
2 | Activist investor Irenic calls out Kinaxis for ignoring takeover interest - Seeking Alpha | 09/17/2024 |
3 | Solid Earnings Reflect Kinaxis Strength As A Business - Yahoo Finance | 11/06/2024 |
4 | Kinaxis Inc. Stock Is Going Strong But Fundamentals Look Uncertain What Lies Ahead - Simply Wall St | 11/21/2024 |
| Begin Period Cash Flow | 175.3 M |
Kinaxis |
Kinaxis Relative Risk vs. Return Landscape
If you would invest 15,420 in Kinaxis on August 25, 2024 and sell it today you would earn a total of 1,639 from holding Kinaxis or generate 10.63% return on investment over 90 days. Kinaxis is generating 0.2004% of daily returns assuming 2.798% volatility of returns over the 90 days investment horizon. Simply put, 24% of all stocks have less volatile historical return distribution than Kinaxis, and 97% 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 = 0.0716
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | KXS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.8 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Kinaxis is performing at about 5% of its full potential. 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 it 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 | 0.0464 | ||||
| Return On Asset | 0.0189 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 4.39 B | ||||
| Shares Outstanding | 28.09 M | ||||
| Price To Earning | 252.28 X | ||||
| Price To Book | 8.17 X | ||||
| Price To Sales | 10.06 X | ||||
| Revenue | 426.97 M | ||||
| Gross Profit | 235.79 M | ||||
| EBITDA | 43.57 M | ||||
| Net Income | 10.06 M | ||||
| Cash And Equivalents | 175.35 M | ||||
| Cash Per Share | 7.90 X | ||||
| Total Debt | 51.79 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 2.84 X | ||||
| Book Value Per Share | 14.79 X | ||||
| Cash Flow From Operations | 79.36 M | ||||
| Earnings Per Share | 0.99 X | ||||
| Market Capitalization | 4.74 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
By examining Kinaxis' fundamental ratios, stakeholders can obtain critical insights into Kinaxis' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Kinaxis is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| 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.| About 55.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Kinaxis Inc. Stock Is Going Strong But Fundamentals Look Uncertain What Lies Ahead - Simply Wall St |
- 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.
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.