Kinaxis Pink Sheet Forecast - Simple Regression
| KXSCF Stock | USD 111.38 1.84 1.68% |
The Simple Regression forecasted value of Kinaxis on the next trading day is expected to be 108.35 with a mean absolute deviation of 2.44 and the sum of the absolute errors of 151.47. Kinaxis Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Kinaxis' historical fundamentals, such as revenue growth or operating cash flow patterns.
Kinaxis |
Kinaxis Simple Regression Price Forecast For the 12th of March 2025
Given 90 days horizon, the Simple Regression forecasted value of Kinaxis on the next trading day is expected to be 108.35 with a mean absolute deviation of 2.44, mean absolute percentage error of 8.39, and the sum of the absolute errors of 151.47.Please note that although there have been many attempts to predict Kinaxis Pink Sheet prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Kinaxis' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Kinaxis Pink Sheet Forecast Pattern
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Kinaxis Forecasted Value
In the context of forecasting Kinaxis' Pink Sheet value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Kinaxis' downside and upside margins for the forecasting period are 106.59 and 110.12, respectively. We have considered Kinaxis' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Kinaxis pink sheet data series using in forecasting. Note that when a statistical model is used to represent Kinaxis pink sheet, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 122.0749 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 2.443 |
| MAPE | Mean absolute percentage error | 0.0206 |
| SAE | Sum of the absolute errors | 151.4666 |
Predictive Modules for Kinaxis
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kinaxis. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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.
Other Forecasting Options for Kinaxis
For every potential investor in Kinaxis, whether a beginner or expert, Kinaxis' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kinaxis Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kinaxis. Basic forecasting techniques help filter out the noise by identifying Kinaxis' price trends.Kinaxis Related Equities
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 pink sheet 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.
| Risk & Return | Correlation |
Kinaxis Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Kinaxis' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Kinaxis' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Kinaxis Market Strength Events
Market strength indicators help investors to evaluate how Kinaxis pink sheet 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 pink sheet market strength indicators, traders can identify Kinaxis entry and exit signals to maximize returns.
| Accumulation Distribution | 96.33 | |||
| Daily Balance Of Power | 4.6 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 111.27 | |||
| Day Typical Price | 111.31 | |||
| Price Action Indicator | 1.03 | |||
| Period Momentum Indicator | 1.84 |
Kinaxis Risk Indicators
The analysis of Kinaxis' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Kinaxis' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kinaxis pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.22 | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.95 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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.