Lyft Inc Stock Price on April 29, 2022

LYFT Stock  USD 18.27  0.29  1.61%   
Below is the normalized historical share price chart for LYFT Inc extending back to March 29, 2019. 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 LYFT stands at 18.27, as last reported on the 16th of April 2024, with the highest price reaching 18.59 and the lowest price hitting 17.67 during the day.
IPO Date
29th of March 2019
200 Day MA
12.9641
50 Day MA
17.0696
Beta
2.027
 
Covid
If you're considering investing in LYFT Stock, it is important to understand the factors that can impact its price. LYFT appears to be somewhat reliable, given 3 months investment horizon. LYFT Inc has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By inspecting LYFT's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please exercise LYFT's risk adjusted performance of 0.0741, and Mean Deviation of 3.4 to check out if our risk estimates are consistent with your expectations.
  
At this time, LYFT's Total Stockholder Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 11.4 B in 2024, whereas Capital Stock is likely to drop 3,667 in 2024. . At this time, LYFT's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.22 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (61.73) in 2024. LYFT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1243

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Estimated Market Risk

 5.84
  actual daily
51
51% of assets are less volatile

Expected Return

 0.73
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average LYFT is performing at about 9% 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.
Price Book
13.8506
Enterprise Value Ebitda
(36.29)
Price Sales
1.7032
Shares Float
355.3 M
Wall Street Target Price
16.32

LYFT Valuation on April 29, 2022

It is possible to determine the worth of LYFT on a given historical date. On April 29, 2022 LYFT was worth 33.26 at the beginning of the trading date compared to the closed value of 32.6. 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
  32.90    33.83    31.88    33.56    4,543,900  
04/29/2022
  33.26    34.35    32.56    32.60    4,721,500  
  32.26    32.53    29.93    31.50    11,738,200  
Backtest LYFT  |  LYFT History  |  LYFT Valuation   PreviousNext  
Open Value
33.26
32.6
Closing Value
50.79
Upside

LYFT Trading Date Momentum on April 29, 2022

On May 02 2022 LYFT Inc was traded for  31.50  at the closing time. The top price for the day was 32.53  and the lowest listed price was  29.93 . The trading volume for the day was 11.7 M. The trading history from May 2, 2022 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.37% . The trading delta at closing time against the current closing price is 39.11% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding385.3 M326.5 M
Net Loss-1.4 B-1.5 B

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.
A focus of LYFT technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of LYFT trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

LYFT Period Price Range

Low
April 29, 2022
-0.66  -1.98%
High

 33.26 

     

 32.60 

LYFT April 16, 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.
When determining whether LYFT Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if LYFT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lyft Inc Stock. Highlighted below are key reports to facilitate an investment decision about Lyft Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LYFT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the LYFT Inc information on this page should be used as a complementary analysis to other LYFT's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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Is LYFT's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LYFT. If investors know LYFT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LYFT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.88)
Revenue Per Share
11.428
Quarterly Revenue Growth
0.042
Return On Assets
(0.05)
Return On Equity
(0.73)
The market value of LYFT Inc is measured differently than its book value, which is the value of LYFT that is recorded on the company's balance sheet. Investors also form their own opinion of LYFT's value that differs from its market value or its book value, called intrinsic value, which is LYFT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LYFT's market value can be influenced by many factors that don't directly affect LYFT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LYFT's value and its price as these two are different measures arrived at by different means. Investors typically determine if LYFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LYFT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.