Tapping Into the Future The Rise of AI Stocks - The Motley Fool Canada
| KXS Stock | CAD 183.47 4.36 2.43% |
About 55% of Kinaxis' investors are presently thinking to get in. The analysis of the overall prospects from investing in Kinaxis suggests that some traders are, at the present time, interested. Kinaxis' investing sentiment overview a quick insight into current market opportunities from investing in Kinaxis. Many technical investors use Kinaxis stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Kinaxis |
Tapping Into the Future The Rise of AI Stocks The Motley Fool Canada
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Kinaxis Fundamental Analysis
We analyze Kinaxis' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kinaxis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kinaxis based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Kinaxis is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Kinaxis Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Kinaxis stock to make a market-neutral strategy. Peer analysis of Kinaxis could also be used in its relative valuation, which is a method of valuing Kinaxis by comparing valuation metrics with similar companies.
Peers
Kinaxis Related Equities
| CSU | Constellation Software | 0.73 | ||||
| DCBO | Docebo | 0.33 | ||||
| DSG | Descartes Systems | 0.22 | ||||
| ENGH | Enghouse Systems | 0.07 | ||||
| OTEX | Open Text | 0.79 |
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.