Lyft Inc Stock Price on June 9, 2022
| LYFT Stock | USD 16.34 0.58 3.43% |
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 16.34, as last reported on the 24th of April, with the highest price reaching 16.83 and the lowest price hitting 15.78 during the day.
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 0.0961, which conveys that the firm had a 0.0961% return per unit of risk over the last 3 months. By inspecting LYFT's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise LYFT's risk adjusted performance of 0.0722, and Mean Deviation of 3.51 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.
IPO Date 29th of March 2019 | 200 Day MA 13.1774 | 50 Day MA 17.575 | Beta 2.027 |
LYFT |
Sharpe Ratio = 0.0961
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LYFT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.96 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average LYFT is performing at about 7% 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 16.37 |
LYFT Valuation on June 9, 2022
It is possible to determine the worth of LYFT on a given historical date. On June 9, 2022 LYFT was worth 17.39 at the beginning of the trading date compared to the closed value of 16.94. 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 | |
| 17.25 | 17.80 | 17.21 | 17.63 | 13,225,300 | |
06/09/2022 | 17.39 | 17.87 | 16.91 | 16.94 | 9,674,800 |
| 16.58 | 16.96 | 15.75 | 15.77 | 10,767,000 |
| Backtest LYFT | | | LYFT History | | | LYFT Valuation | Previous | Next |
LYFT Trading Date Momentum on June 9, 2022
| On June 10 2022 LYFT Inc was traded for 15.77 at the closing time. The top price for the day was 16.96 and the lowest listed price was 15.75 . The trading volume for the day was 10.8 M. The trading history from June 10, 2022 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 6.91% . The trading delta at closing time against the current closing price is 10.04% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 385.3 M | 326.5 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.
Price Boundaries
LYFT Period Price Range
Low | June 9, 2022
| High |
17.39 | 16.94 |
LYFT April 24, 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
| Accumulation Distribution | 519743.0 | |||
| Daily Balance Of Power | (0.47) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 17.39 | |||
| Day Typical Price | 17.24 | |||
| Price Action Indicator | (0.67) | |||
| Period Momentum Indicator | (0.60) | |||
| Relative Strength Index | 54.16 |
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.
| Risk Adjusted Performance | 0.0722 | |||
| Jensen Alpha | 0.2217 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.1525 | |||
| Treynor Ratio | 0.1382 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |
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.