Shake Shack Stock Price on May 17, 2024
| SHAK Stock | USD 94.89 0.59 0.63% |
Below is the normalized historical share price chart for Shake Shack extending back to January 30, 2015. 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 Shake Shack stands at 94.89, as last reported on the 1st of June, with the highest price reaching 95.08 and the lowest price hitting 91.33 during the day.
If you're considering investing in Shake Stock, it is important to understand the factors that can impact its price. Shake Shack owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0666, which indicates the firm had a -0.0666% return per unit of risk over the last 3 months. Shake Shack exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shake Shack's Coefficient Of Variation of (1,813), variance of 3.92, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Preferred Stock Total Equity is expected to rise to 9,867 this year, although the value of Total Stockholder Equity will most likely fall to about 269.6 M. . At this time, Shake Shack's Price Earnings Ratio is quite stable compared to the past year. Price Book Value Ratio is expected to rise to 42.96 this year, although the value of Price To Operating Cash Flows Ratio will most likely fall to 19.74. Shake Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of January 2015 | 200 Day MA 78.3915 | 50 Day MA 101.2534 | Beta 1.781 |
Shake |
Sharpe Ratio = -0.0666
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SHAK |
Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shake Shack 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 Shake Shack by adding Shake Shack to a well-diversified portfolio.
Price Book 8.6551 | Enterprise Value Ebitda 38.6257 | Price Sales 3.7818 | Shares Float 37.7 M | Wall Street Target Price 114.26 |
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Shake Shack Valuation on May 17, 2024
It is possible to determine the worth of Shake Shack on a given historical date. On May 17, 2024 Shake was worth 101.45 at the beginning of the trading date compared to the closed value of 99.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shake Shack stock. Still, in general, we apply an absolute valuation method to find Shake Shack'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 Shake Shack where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shake Shack's related companies.
| Open | High | Low | Close | Volume | |
| 102.29 | 103.56 | 101.29 | 101.46 | 535,792 | |
05/17/2024 | 101.45 | 101.61 | 99.11 | 99.16 | 483,083 |
| 99.16 | 100.75 | 98.51 | 99.59 | 476,420 |
| Backtest Shake Shack | | | Shake Shack History | | | Shake Shack Valuation | Previous | Next |
Shake Shack Trading Date Momentum on May 17, 2024
| On May 20 2024 Shake Shack was traded for 99.59 at the closing time. The top price for the day was 100.75 and the lowest listed price was 98.51 . The trading volume for the day was 476.4 K. The trading history from May 20, 2024 was a factor to the next trading day price upswing. The trading price change against the next closing price was 0.43% . The trading price change against the current closing price is 1.57% . |
Shake Shack Fundamentals Correlations and Trends
By evaluating Shake Shack'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 Shake Shack's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shake financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shake Shack Stock history
Shake Shack 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 Shake is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shake Shack 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 Shake Shack stock prices may prove useful in developing a viable investing in Shake Shack
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 43.9 M | 27.3 M | |
| Net Loss | -21.7 M | -20.6 M |
Shake Shack Quarterly Net Working Capital |
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Shake Shack Stock Technical Analysis
Shake Shack 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
Shake Shack Period Price Range
Low | May 17, 2024
| High |
101.45 | 99.16 |
Shake Shack June 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Shake Shack stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shake Shack shares will generate the highest return on investment. By undertsting and applying Shake Shack stock market strength indicators, traders can identify Shake Shack entry and exit signals to maximize returns
| Accumulation Distribution | 11885.71 | |||
| Daily Balance Of Power | (0.92) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 100.36 | |||
| Day Typical Price | 99.96 | |||
| Price Action Indicator | (2.35) | |||
| Period Momentum Indicator | (4.27) |
Shake Shack Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shake Shack's price direction in advance. Along with the technical and fundamental analysis of Shake Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shake 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 | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.09) |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shake Shack. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Shake Stock please use our How to buy in Shake Stock guide.Note that the Shake Shack information on this page should be used as a complementary analysis to other Shake Shack'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Shake Stock analysis
When running Shake Shack's price analysis, check to measure Shake Shack'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 Shake Shack is operating at the current time. Most of Shake Shack's value examination focuses on studying past and present price action to predict the probability of Shake Shack's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shake Shack's price. Additionally, you may evaluate how the addition of Shake Shack to your portfolios can decrease your overall portfolio volatility.
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Is Shake Shack'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 Shake Shack. If investors know Shake 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 Shake Shack listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.824 | Earnings Share 0.57 | Revenue Per Share 28.5 | Quarterly Revenue Growth 0.147 | Return On Assets 0.0057 |
The market value of Shake Shack is measured differently than its book value, which is the value of Shake that is recorded on the company's balance sheet. Investors also form their own opinion of Shake Shack's value that differs from its market value or its book value, called intrinsic value, which is Shake Shack'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 Shake Shack's market value can be influenced by many factors that don't directly affect Shake Shack'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 Shake Shack's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shake Shack is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shake Shack'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.