Shopify (Germany) Performance
| 307 Stock | EUR 109.44 2.98 2.80% |
On a scale of 0 to 100, Shopify holds a performance score of 17. The entity has a beta of 1.09, which indicates a somewhat significant risk relative to the market. Shopify returns are very sensitive to returns on the market. As the market goes up or down, Shopify is expected to follow. Please check Shopify's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Shopify's existing price patterns will revert.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Shopify are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Shopify reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.5 B |
Shopify |
Shopify Relative Risk vs. Return Landscape
If you would invest 6,621 in Shopify on August 31, 2024 and sell it today you would earn a total of 4,025 from holding Shopify or generate 60.79% return on investment over 90 days. Shopify is currently producing 0.8048% returns and takes up 3.6609% volatility of returns over 90 trading days. Put another way, 32% of traded stocks are less volatile than Shopify, and 84% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Shopify Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shopify's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shopify, and traders can use it to determine the average amount a Shopify's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2198
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 307 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.66 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Shopify is performing at about 17% 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.
Shopify Fundamentals Growth
Shopify Stock prices reflect investors' perceptions of the future prospects and financial health of Shopify, and Shopify fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Shopify Stock performance.
| Return On Equity | -0.36 | |||
| Return On Asset | -0.0247 | |||
| Profit Margin | (0.62) % | |||
| Operating Margin | (0.08) % | |||
| Current Valuation | 32.59 B | |||
| Shares Outstanding | 1.2 B | |||
| Price To Earning | 3.26 X | |||
| Price To Book | 4.39 X | |||
| Price To Sales | 8.08 X | |||
| Revenue | 5.6 B | |||
| EBITDA | (3.53 B) | |||
| Cash And Equivalents | 6.95 B | |||
| Cash Per Share | 5.48 X | |||
| Total Debt | 913.31 M | |||
| Debt To Equity | 0.14 % | |||
| Book Value Per Share | 6.46 X | |||
| Cash Flow From Operations | (136.45 M) | |||
| Earnings Per Share | (2.46) X | |||
| Total Asset | 10.76 B | |||
About Shopify Performance
By analyzing Shopify's fundamental ratios, stakeholders can gain valuable insights into Shopify's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Shopify has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Shopify has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada. SHOPIFY A operates under SoftwareApplication classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10000 people.Things to note about Shopify performance evaluation
Checking the ongoing alerts about Shopify for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shopify help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shopify appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 5.6 B. Net Loss for the year was (3.46 B) with profit before overhead, payroll, taxes, and interest of 2.75 B. | |
| Shopify has accumulated about 6.95 B in cash with (136.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.48. | |
| Roughly 70.0% of the company shares are owned by institutions such as pension funds |
- Analyzing Shopify's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Shopify's stock is overvalued or undervalued compared to its peers.
- Examining Shopify's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Shopify's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shopify's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shopify's stock. These opinions can provide insight into Shopify's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Shopify Stock analysis
When running Shopify's price analysis, check to measure Shopify'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 Shopify is operating at the current time. Most of Shopify's value examination focuses on studying past and present price action to predict the probability of Shopify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shopify's price. Additionally, you may evaluate how the addition of Shopify to your portfolios can decrease your overall portfolio volatility.
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