Kinaxis Stock Market Value
| KXSCF Stock | USD 147.54 0.74 0.50% |
| Symbol | Kinaxis |
Kinaxis 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Kinaxis' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Kinaxis.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Kinaxis on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Kinaxis or generate 0.0% return on investment in Kinaxis over 90 days. Kinaxis is related to or competes with WiseTech Global, Sage Group, Enghouse Systems, Xero, Constellation Software, Real Matters, and Temenos Group. Kinaxis Inc. provides cloud-based subscription software for supply chain operations in the United States, Japan, Hong Ko... More
Kinaxis Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Kinaxis' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Kinaxis upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | 0.1117 | |||
| Maximum Drawdown | 6.98 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 2.55 |
Kinaxis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinaxis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinaxis' standard deviation. In reality, there are many statistical measures that can use Kinaxis historical prices to predict the future Kinaxis' volatility.| Risk Adjusted Performance | 0.2169 | |||
| Jensen Alpha | 0.2613 | |||
| Total Risk Alpha | 0.0939 | |||
| Sortino Ratio | 0.1254 | |||
| Treynor Ratio | 2.99 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kinaxis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Kinaxis Backtested Returns
Kinaxis appears to be very steady, given 3 months investment horizon. Kinaxis has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Kinaxis, which you can use to evaluate the volatility of the firm. Please exercise Kinaxis' Risk Adjusted Performance of 0.2169, mean deviation of 0.8669, and Downside Deviation of 1.1 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kinaxis holds a performance score of 16. The company secures a Beta (Market Risk) of 0.0917, which conveys not very significant fluctuations relative to the market. 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' downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Kinaxis' current price movements will revert.
Auto-correlation | 0.05 |
Virtually no predictability
Kinaxis has virtually no predictability. Overlapping area represents the amount of predictability between Kinaxis time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kinaxis price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Kinaxis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 2.06 |
Kinaxis lagged returns against current returns
Autocorrelation, which is Kinaxis pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Kinaxis' pink sheet expected returns. We can calculate the autocorrelation of Kinaxis returns to help us make a trade decision. For example, suppose you find that Kinaxis has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Kinaxis regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Kinaxis pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinaxis pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinaxis pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kinaxis Lagged Returns
When evaluating Kinaxis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinaxis pink sheet have on its future price. Kinaxis autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Kinaxis autocorrelation shows the relationship between Kinaxis pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kinaxis.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kinaxis Pink Sheet
Kinaxis financial ratios help investors to determine whether Kinaxis Pink Sheet 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.