Performance of SHOP Shopify | 3.7% 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 Week | -8.94% | -7.45% |
| 1 Month | 21.9% | 1.66% |
| 3 Months | 8.19% | -5.03% |
| 6 Months | -9.17% | -1.25% |
| 12 Months | 3.65% | 18.32% |
| YTD | -7.62% | 9.16% |
| Rel. Perf. 1m | 0.94 | |
| Rel. Perf. 3m | -0.87 | |
| Rel. Perf. 6m | -0.89 | |
| Rel. Perf. 12m | -0.89 | |
| Spearman 1m | -0.11 | -0.03 |
| Spearman 3m | 0.48 | -0.56 |
Is Shopify a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Shopify is currently (September 2024)
neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 8.09 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 September 2024 is 79.83. This means that SHOP is currently overvalued and has a potential downside of -12.17% (Sold with Premium).
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SHOP as of September 2024 is 79.83. This means that SHOP is currently overvalued and has a potential downside of -12.17% (Sold with Premium).
Is SHOP a buy, sell or hold?
Shopify has no consensus analysts rating. ValueRay therefore judges the recommendation based on the last 12 Month Returns of 3.65%.
In compare to Technology Sector SPDR Fund, SHOP made -14.67% less over the last 12 months. Due to the underperformance, it is recommend to sell SHOP.
In compare to Technology Sector SPDR Fund, SHOP made -14.67% less over the last 12 months. Due to the underperformance, it is recommend to sell SHOP.
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 | -4.80% | 18.41% | -15.85% | -18.53% |
| US NASDAQ 100 | QQQ | -3.15% | 19.82% | -11.72% | -16.20% |
| US Dow Jones Industrial 30 | DIA | -6.12% | 18.10% | -14.47% | -14.85% |
| German DAX 40 | DBXD | -5.70% | 16.50% | -12.00% | -10.95% |
| UK FTSE 100 | ISFU | -6.69% | 15.63% | -21.49% | -14.51% |
| Shanghai Shenzhen CSI 300 | CSI 300 | -6.26% | 24.21% | -2.90% | 14.56% |
| Hongkong Hang Seng | HSI | -6.72% | 17.13% | -9.68% | 9.49% |
| Japan Nikkei 225 | EXX7 | -1.82% | 16.22% | 0.96% | -2.21% |
| India NIFTY 50 | INDA | -6.84% | 19.29% | -17.61% | -20.66% |
| Brasil Bovespa | EWZ | -7.23% | 15.02% | -0.66% | 3.41% |
SHOP Shopify vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | -4.87% | 21.31% | -16.54% | -20.87% |
| Consumer Discretionary | XLY | -6.42% | 16.51% | -11.16% | -2.44% |
| Consumer Staples | XLP | -9.52% | 15.83% | -20.99% | -14.50% |
| Energy | XLE | -3.17% | 23.02% | -9.49% | 5.79% |
| Financial | XLF | -5.77% | 15.18% | -19.07% | -27.09% |
| Health Care | XLV | -6.87% | 17.53% | -15.40% | -14.00% |
| Industrial | XLI | -4.70% | 18.75% | -13.38% | -17.42% |
| Materials | XLB | -4.28% | 20.31% | -11.27% | -8.00% |
| Real Estate | XLRE | -9.12% | 16.89% | -20.94% | -19.72% |
| Technology | XLK | -1.49% | 20.24% | -7.92% | -14.67% |
| Utilities | XLU | -8.44% | 17.73% | -31.29% | -20.11% |
| Aerospace & Defense | XAR | -3.73% | 17.90% | -13.64% | -22.69% |
| Biotech | XBI | -4.26% | 19.70% | -5.69% | -18.96% |
| Homebuilder | XHB | -4.54% | 18.48% | -17.01% | -33.95% |
| Retail | XRT | -3.96% | 22.41% | -5.92% | -15.00% |
Does Shopify outperform its market, is SHOP a Sector Leader?
No, over the last 12 months Shopify (SHOP) made 3.65%, while its related Sector, the Technology Sector SPDR Fund (XLK) made 18.32%.
Over the last 3 months SHOP made 8.19%, while XLK made -5.03%.
No, over the last 12 months Shopify (SHOP) made 3.65%, while its related Sector, the Technology Sector SPDR Fund (XLK) made 18.32%.
Over the last 3 months SHOP made 8.19%, while XLK made -5.03%.
| Period | SHOP | XLK | S&P 500 |
|---|---|---|---|
| 1 Month | 21.90% | 1.66% | 3.49% |
| 3 Months | 8.19% | -5.03% | 1.39% |
| 12 Months | 3.65% | 18.32% | 22.18% |