Shopify Stock Price on November 27, 2023
| SHOP Stock | CAD 164.63 0.15 0.09% |
Below is the normalized historical share price chart for Shopify extending back to May 21, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Shopify stands at 164.63, as last reported on the 25th of February, with the highest price reaching 166.36 and the lowest price hitting 156.45 during the day.
If you're considering investing in Shopify Stock, it is important to understand the factors that can impact its price. As of now, Shopify Stock is very steady. Shopify owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0391, which indicates the firm had a 0.0391 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shopify, which you can use to evaluate the volatility of the company. Please validate Shopify's Coefficient Of Variation of 1239.79, semi deviation of 2.54, and Risk Adjusted Performance of 0.0665 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Shopify's Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, Shopify's Price To Sales Ratio is very stable compared to the past year. As of the 25th of February 2025, Price Earnings Ratio is likely to grow to 71.32, while Price Earnings To Growth Ratio is likely to drop 0.04. Shopify Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 98.622 | 50 Day MA 107.5554 | Beta 2.365 |
Shopify |
Sharpe Ratio = 0.0391
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Estimated Market Risk
| 2.78 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Shopify is performing at about 3% 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 Shopify by adding it to a well-diversified portfolio.
Price Book 12.9761 | Enterprise Value Ebitda 131.0751 | Price Sales 24.0052 | Shares Float 1.2 B | Wall Street Target Price 107.97 |
Shopify Valuation on November 27, 2023
It is possible to determine the worth of Shopify on a given historical date. On November 27, 2023 Shopify was worth 98.1 at the beginning of the trading date compared to the closed value of 100.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shopify stock. Still, in general, we apply an absolute valuation method to find Shopify'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 Shopify where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shopify's related companies.
| Open | High | Low | Close | Volume | |
| 96.11 | 96.89 | 95.61 | 96.26 | 2,160,900 | |
11/27/2023 | 98.10 | 101.45 | 97.00 | 100.51 | 3,976,200 |
| 98.50 | 100.80 | 98.20 | 99.83 | 2,922,000 |
| Backtest Shopify | | | Shopify History | | | Shopify Valuation | Previous | Next |
Shopify Trading Date Momentum on November 27, 2023
| On November 28 2023 Shopify was traded for 99.83 at the closing time. The highest price during the trading period was 100.80 and the lowest recorded bid was listed for 98.20 . The volume for the day was 2.9 M. This history from November 28, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.68% . The trading price change to the current price is 4.10% . |
Shopify Fundamentals Correlations and Trends
By evaluating Shopify'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 Shopify's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shopify financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shopify Stock history
Shopify 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 Shopify is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shopify 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 Shopify stock prices may prove useful in developing a viable investing in Shopify
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.2 B | |
| Net Loss | -3.1 B | -3 B |
Shopify Quarterly Net Working Capital |
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Shopify Stock Technical Analysis
Shopify 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
Shopify Period Price Range
Low | February 25, 2025
| High |
0.00 | 0.00 |
Shopify cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Shopify February 25, 2025 Market Strength
Market strength indicators help investors to evaluate how Shopify stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shopify shares will generate the highest return on investment. By undertsting and applying Shopify stock market strength indicators, traders can identify Shopify entry and exit signals to maximize returns
Shopify Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shopify's price direction in advance. Along with the technical and fundamental analysis of Shopify Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shopify 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 | 0.0665 | |||
| Jensen Alpha | 0.2161 | |||
| Total Risk Alpha | 0.226 | |||
| Sortino Ratio | 0.0771 | |||
| Treynor Ratio | 0.1278 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.