ShiftPixy Price on September 30, 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 14th of December 2024, 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 -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. ShiftPixy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate ShiftPixy's Variance of 118.53, risk adjusted performance of (0.08), 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 = -0.1651

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsPIXY

Estimated Market Risk

 14.67
  actual daily
96
96% of assets are less volatile

Expected Return

 -2.42
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  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.

Related Headline

RecruiterCom Headline on 30th of September 2024

Recruiter.com Group, Inc. Announces Rebranding and Company Name Change to Nixxy, Inc. StockTitan

ShiftPixy Valuation on September 30, 2024

It is possible to determine the worth of ShiftPixy on a given historical date. On September 30, 2024 ShiftPixy was worth 12.92 at the beginning of the trading date compared to the closed value of 12.45. 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
  11.22    12.69    11.10    12.45    14,610  
09/30/2024
  12.92    12.98    11.59    12.45    7,027  
  12.30    12.30    10.82    11.13    3,483  
Backtest ShiftPixy  |  ShiftPixy History  |  ShiftPixy Valuation   PreviousNext  
Open Value
12.92
12.45
Closing Value
56.92
Upside

ShiftPixy Trading Date Momentum on September 30, 2024

On October 01 2024 ShiftPixy was traded for  11.13  at the closing time. The top price for the day was 12.30  and the lowest listed price was  10.82 . The trading volume for the day was 3.5 K. The trading history from October 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 10.60% . The trading price change against the current closing price is 27.63% .

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

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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 14, 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope