Performance of SHOP Shopify | 47.2% in 12m
Compare SHOP with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?
Compare Shopify with its related Sector/Index XLK
Performance Duell SHOP vs XLK
| TimeFrame | SHOP | XLK |
|---|---|---|
| 1 Day | 1.11% | 1.13% |
| 1 Week | 1.11% | 2.87% |
| 1 Month | -7.57% | -4.05% |
| 3 Months | -14.6% | -1.69% |
| 6 Months | 53.7% | 24.50% |
| 12 Months | 47.2% | 33.56% |
| YTD | -3.39% | 6.79% |
| Rel. Perf. 1m | -0.48 | |
| Rel. Perf. 3m | -0.74 | |
| Rel. Perf. 6m | 1.58 | |
| Rel. Perf. 12m | 1.06 |
Is Shopify a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Shopify is currently (April 2024)
neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -4.44 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SHOP as of April 2024 is 67.08. This means that SHOP is currently overvalued and has a potential downside of -5.96% (Sold with Premium).
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SHOP as of April 2024 is 67.08. This means that SHOP is currently overvalued and has a potential downside of -5.96% (Sold with Premium).
Is SHOP a buy, sell or hold?
- Strong Buy: 12
- Buy: 5
- Hold: 26
- Sell: 3
- Strong Sell: 1
Values above 0%: SHOP is performing better - Values below 0%: SHOP is underperforming
Compare SHOP with Broad Market Indices
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| US S&P 500 | SPY | -0.60% | -4.74% | 29.08% | 23.25% |
| US NASDAQ 100 | QQQ | -1.80% | -4.64% | 28.43% | 12.71% |
| US Dow Jones Industrial 30 | DIA | 1.13% | -3.74% | 34.70% | 32.95% |
| German DAX 40 | DBXD | -0.53% | -5.68% | 30.32% | 33.83% |
| UK FTSE 100 | ISFU | -1.38% | -8.60% | 37.42% | 40.77% |
| Shanghai Shenzhen CSI 300 | CSI 300 | -0.34% | -9.44% | 51.83% | 61.10% |
| Hongkong Hang Seng | HSI | -5.49% | -10.34% | 56.26% | 67.30% |
| Japan Nikkei 225 | EXX7 | 1.42% | 0.64% | 36.79% | 29.65% |
| India NIFTY 50 | INDA | 0.28% | -8.99% | 31.94% | 19.74% |
| Brasil Bovespa | EWZ | -0.60% | -4.86% | 44.61% | 28.84% |
SHOP Shopify vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | 0.44% | -5.67% | 26.10% | 12.23% |
| Consumer Discretionary | XLY | -2.06% | -3.23% | 35.67% | 27.32% |
| Consumer Staples | XLP | 0.52% | -6.56% | 38.49% | 46.75% |
| Energy | XLE | 0.95% | -8.98% | 38.59% | 30.87% |
| Financial | XLF | 1.23% | -4.48% | 22.81% | 21.96% |
| Health Care | XLV | 0.77% | -2.31% | 39.15% | 40.68% |
| Industrial | XLI | 0.06% | -4.95% | 25.45% | 22.50% |
| Materials | XLB | 0.58% | -3.94% | 33.02% | 33.80% |
| Real Estate | XLRE | 0.31% | 0.20% | 39.05% | 47.19% |
| Technology | XLK | -1.76% | -3.52% | 29.23% | 13.66% |
| Utilities | XLU | 0.87% | -8.39% | 39.03% | 47.96% |
| Aerospace & Defense | XAR | -1.33% | -4.44% | 32.05% | 27.65% |
| Biotech | XBI | 1.42% | 4.44% | 23.50% | 43.10% |
| Homebuilder | XHB | -1.65% | -0.52% | 4.56% | -0.25% |
| Retail | XRT | -1.34% | -0.27% | 26.46% | 26.30% |
Does Shopify outperform its market, is SHOP a Sector Leader?
Yes, over the last 12 months Shopify (SHOP) made 47.22%, while its related Sector, the Technology Sector SPDR Fund (XLK) made 33.56%.
Over the last 3 months SHOP made -14.62%, while XLK made -1.69%.
Yes, over the last 12 months Shopify (SHOP) made 47.22%, while its related Sector, the Technology Sector SPDR Fund (XLK) made 33.56%.
Over the last 3 months SHOP made -14.62%, while XLK made -1.69%.
| Period | SHOP | XLK | S&P 500 |
|---|---|---|---|
| 1 Month | -7.57% | -4.05% | -2.83% |
| 3 Months | -14.62% | -1.69% | 3.78% |
| 12 Months | 47.22% | 33.56% | 23.97% |