Lyft (Germany) Price on September 30, 2024
| LY0 Stock | EUR 16.23 0.22 1.34% |
If you're considering investing in Lyft Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lyft stands at 16.23, as last reported on the 28th of November, with the highest price reaching 16.23 and the lowest price hitting 16.23 during the day. Lyft appears to be not too volatile, given 3 months investment horizon. Lyft Inc has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing Lyft's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please exercise Lyft's Risk Adjusted Performance of 0.1536, mean deviation of 2.59, and Downside Deviation of 2.89 to check out if our risk estimates are consistent with your expectations.
Lyft Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lyft |
Sharpe Ratio = 0.1813
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Estimated Market Risk
| 4.3 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Lyft is performing at about 14% 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 Lyft by adding it to a well-diversified portfolio.
Lyft Valuation on September 30, 2024
It is possible to determine the worth of Lyft on a given historical date. On September 30, 2024 Lyft was worth 11.4 at the beginning of the trading date compared to the closed value of 11.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lyft stock. Still, in general, we apply an absolute valuation method to find Lyft's 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 Lyft where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lyft's related companies.
| Open | High | Low | Close | Volume | |
| 11.80 | 11.80 | 11.57 | 11.57 | 630.00 | |
09/30/2024 | 11.40 | 11.40 | 11.40 | 11.40 | 106.00 |
| 11.30 | 11.30 | 11.25 | 11.25 | 106.00 |
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Lyft Trading Date Momentum on September 30, 2024
| On October 01 2024 Lyft Inc was traded for 11.25 at the closing time. The highest daily price throughout the period was 11.30 and the lowest price was 11.25 . The daily volume was 106. The net trading volume on 10/01/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.32% . The trading delta at closing time to current closing price is 0.88% . |
Lyft Inc Fundamentals Correlations and Trends
By evaluating Lyft's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lyft's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lyft financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lyft Stock history
Lyft 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 Lyft is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lyft Inc 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 Lyft stock prices may prove useful in developing a viable investing in Lyft
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California. LYFT INC operates under SoftwareApplication classification in Germany and is traded on Frankfurt Stock Exchange. It employs 4554 people.
Lyft Stock Technical Analysis
Lyft 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.
Price Boundaries
Lyft Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Lyft Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Lyft November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Lyft stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lyft shares will generate the highest return on investment. By undertsting and applying Lyft stock market strength indicators, traders can identify Lyft Inc entry and exit signals to maximize returns
Lyft Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lyft's price direction in advance. Along with the technical and fundamental analysis of Lyft Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lyft 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.
| Risk Adjusted Performance | 0.1536 | |||
| Jensen Alpha | 0.7131 | |||
| Total Risk Alpha | 0.157 | |||
| Sortino Ratio | 0.2369 | |||
| Treynor Ratio | 1.06 |
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| Volume Indicators |
Complementary Tools for Lyft Stock analysis
When running Lyft's price analysis, check to measure Lyft's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lyft is operating at the current time. Most of Lyft's value examination focuses on studying past and present price action to predict the probability of Lyft's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lyft's price. Additionally, you may evaluate how the addition of Lyft to your portfolios can decrease your overall portfolio volatility.
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