ShiftPixy Price on December 20, 2024

PIXYDelisted Stock  USD 6.53  1.06  13.97%   
If you're considering investing in ShiftPixy Stock, it is important to understand the factors that can impact its price. As of today, the current price of ShiftPixy stands at 6.53, as last reported on the 21st of December, with the highest price reaching 7.61 and the lowest price hitting 5.60 during the day. ShiftPixy owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. ShiftPixy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate ShiftPixy's Risk Adjusted Performance of (0.09), variance of 118.53, and Coefficient Of Variation of (801.57) to confirm the risk estimate we provide.
  
ShiftPixy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1138

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Estimated Market Risk

 15.26
  actual daily
96
96% of assets are less volatile

Expected Return

 -1.74
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average ShiftPixy is not performing at its full potential. However, 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 ShiftPixy by adding ShiftPixy to a well-diversified portfolio.

ShiftPixy Valuation on December 20, 2024

It is possible to determine the worth of ShiftPixy on a given historical date. On December 20, 2024 ShiftPixy was worth 7.59 at the beginning of the trading date compared to the closed value of 6.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ShiftPixy stock. Still, in general, we apply an absolute valuation method to find ShiftPixy'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 ShiftPixy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ShiftPixy's related companies.
 Open High Low Close Volume
12/21/2024
  7.59    7.61    5.60    6.53    0.00  
Backtest ShiftPixy  |  ShiftPixy History  |  ShiftPixy Valuation 
Open Value
7.59
6.53
Closing Value
53.36
Upside

ShiftPixy Trading Date Momentum on December 20, 2024

ShiftPixy Fundamentals Correlations and Trends

By evaluating ShiftPixy'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 ShiftPixy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ShiftPixy financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ShiftPixy Stock history

ShiftPixy 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 ShiftPixy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ShiftPixy 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 ShiftPixy stock prices may prove useful in developing a viable investing in ShiftPixy
ShiftPixy, Inc., together with its subsidiaries, provides staffing solutions in the United States. The company was incorporated in 2015 and is headquartered in Miami, Florida. Shiftpixy operates under Staffing Employment Services classification in the United States and is traded on NASDAQ Exchange. It employs 77 people.

ShiftPixy Stock Technical Analysis

ShiftPixy 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, delisted stock market cycles, or different charting patterns.
A focus of ShiftPixy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ShiftPixy 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

ShiftPixy Period Price Range

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December 21, 2024
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ShiftPixy cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

ShiftPixy December 21, 2024 Market Strength

Market strength indicators help investors to evaluate how ShiftPixy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ShiftPixy shares will generate the highest return on investment. By undertsting and applying ShiftPixy stock market strength indicators, traders can identify ShiftPixy entry and exit signals to maximize returns

ShiftPixy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ShiftPixy's price direction in advance. Along with the technical and fundamental analysis of ShiftPixy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ShiftPixy 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.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Consideration for investing in ShiftPixy Stock

If you are still planning to invest in ShiftPixy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ShiftPixy's history and understand the potential risks before investing.
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