Shopify Price Fair Value from 2010 to 2024

SHOP Stock  USD 60.68  0.98  1.64%   
Shopify Price Fair Value yearly trend continues to be relatively stable with very little volatility. Price Fair Value is likely to grow to 15.57 this year. During the period from 2010 to 2024, Shopify Price Fair Value destribution of quarterly values had range of 24.676 from its regression line and mean deviation of  6.58. View All Fundamentals
 
Price Fair Value  
First Reported
2010-12-31
Previous Quarter
11.01181338
Current Value
15.57
Quarterly Volatility
7.72870972
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shopify financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shopify's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.7 M, Interest Expense of 1.3 M or Selling General Administrative of 515.5 M, as well as many indicators such as Price To Sales Ratio of 26.28, Dividend Yield of 0.0 or PTB Ratio of 15.57. Shopify financial statements analysis is a perfect complement when working with Shopify Valuation or Volatility modules.
  
Check out the analysis of Shopify Correlation against competitors.
To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.

Latest Shopify's Price Fair Value Growth Pattern

Below is the plot of the Price Fair Value of Shopify over the last few years. It is Shopify's Price Fair Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shopify's overall financial position and show how it may be relating to other accounts over time.
Price Fair Value10 Years Trend
Slightly volatile
   Price Fair Value   
       Timeline  

Shopify Price Fair Value Regression Statistics

Arithmetic Mean16.18
Geometric Mean14.31
Coefficient Of Variation47.78
Mean Deviation6.58
Median15.42
Standard Deviation7.73
Sample Variance59.73
Range24.676
R-Value(0.57)
Mean Square Error43.52
R-Squared0.32
Significance0.03
Slope(0.98)
Total Sum of Squares836.26

Shopify Price Fair Value History

2024 15.57
2023 11.01
2022 5.33
2021 15.42
2020 21.15
2019 14.9
2018 7.0

About Shopify Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Shopify income statement, its balance sheet, and the statement of cash flows. Shopify investors use historical funamental indicators, such as Shopify's Price Fair Value, to determine how well the company is positioned to perform in the future. Although Shopify investors may use each financial statement separately, they are all related. The changes in Shopify's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shopify's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Shopify Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Shopify. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Fair Value 11.01  15.57 

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Additional 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.