RNG
Price
$29.64
Change
+$0.63 (+2.17%)
Updated
Sep 29, 6:59 PM EST
36 days until earnings call
SHOP
Price
$54.59
Change
+$1.40 (+2.63%)
Updated
Sep 29, 6:59 PM EST
25 days until earnings call

RNG vs SHOP ᐉ Comparison: Which is Better to Invest?

Header iconRNG vs SHOP Comparison
Open Charts RNG vs SHOPBanner chart's image
RINGCENTRAL
Price$29.64
Change+$0.63 (+2.17%)
Volume$214.91K
CapitalizationN/A
Shopify
Price$54.59
Change+$1.40 (+2.63%)
Volume$6.3M
CapitalizationN/A
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RNG vs SHOP Comparison Chart

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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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VS
RNG vs. SHOP commentary
Oct 01, 2023

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is RNG is a StrongBuy and SHOP is a StrongBuy.

COMPARISON
Comparison
Oct 01, 2023
Stock price -- (RNG: $29.63 vs. SHOP: $54.57)
Brand notoriety: RNG: Not notable vs. SHOP: Notable
Both companies represent the Packaged Software industry
Current volume relative to the 65-day Moving Average: RNG: 53% vs. SHOP: 120%
Market capitalization -- RNG: $2.75B vs. SHOP: $68.24B
RNG [@Packaged Software] is valued at $2.75B. SHOP’s [@Packaged Software] market capitalization is $68.24B. The market cap for tickers in the [@Packaged Software] industry ranges from $2.33T to $0. The average market capitalization across the [@Packaged Software] industry is $8.09B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

RNG’s FA Score shows that 0 FA rating(s) are green whileSHOP’s FA Score has 1 green FA rating(s).

  • RNG’s FA Score: 0 green, 5 red.
  • SHOP’s FA Score: 1 green, 4 red.
According to our system of comparison, SHOP is a better buy in the long-term than RNG.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

RNG’s TA Score shows that 4 TA indicator(s) are bullish while SHOP’s TA Score has 4 bullish TA indicator(s).

  • RNG’s TA Score: 4 bullish, 4 bearish.
  • SHOP’s TA Score: 4 bullish, 6 bearish.
According to our system of comparison, RNG is a better buy in the short-term than SHOP.

Price Growth

RNG (@Packaged Software) experienced а +1.93% price change this week, while SHOP (@Packaged Software) price change was +2.81% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was -0.47%. For the same industry, the average monthly price growth was -6.14%, and the average quarterly price growth was +0.69%.

Reported Earning Dates

RNG is expected to report earnings on Nov 06, 2023.

SHOP is expected to report earnings on Oct 26, 2023.

Industries' Descriptions

@Packaged Software (-0.47% weekly)

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

SUMMARIES
A.I.dvisor published
a Summary for RNG with price predictions.
OPEN
A.I.dvisor published
a Summary for SHOP with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
SHOP($68.2B) has a higher market cap than RNG($2.75B). SHOP YTD gains are higher at: 57.217 vs. RNG (-16.299). RNG has higher annual earnings (EBITDA): -381.82M vs. SHOP (-3.72B). SHOP has more cash in the bank: 4.78B vs. RNG (225M). SHOP has less debt than RNG: SHOP (1.13B) vs RNG (1.61B). SHOP has higher revenues than RNG: SHOP (6.3B) vs RNG (2.11B).
RNGSHOPRNG / SHOP
Capitalization2.75B68.2B4%
EBITDA-381.82M-3.72B10%
Gain YTD-16.29957.217-28%
P/E RatioN/A277.78-
Revenue2.11B6.3B33%
Total Cash225M4.78B5%
Total Debt1.61B1.13B142%
FUNDAMENTALS RATINGS
RNG vs SHOP: Fundamental Ratings
RNG
SHOP
OUTLOOK RATING
1..100
6275
VALUATION
overvalued / fair valued / undervalued
1..100
95
Overvalued
77
Overvalued
PROFIT vs RISK RATING
1..100
10063
SMR RATING
1..100
10095
PRICE GROWTH RATING
1..100
7747
P/E GROWTH RATING
1..100
1006
SEASONALITY SCORE
1..100
n/an/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

SHOP's Valuation (77) in the Information Technology Services industry is in the same range as RNG (95) in the Packaged Software industry. This means that SHOP’s stock grew similarly to RNG’s over the last 12 months.

SHOP's Profit vs Risk Rating (63) in the Information Technology Services industry is somewhat better than the same rating for RNG (100) in the Packaged Software industry. This means that SHOP’s stock grew somewhat faster than RNG’s over the last 12 months.

SHOP's SMR Rating (95) in the Information Technology Services industry is in the same range as RNG (100) in the Packaged Software industry. This means that SHOP’s stock grew similarly to RNG’s over the last 12 months.

SHOP's Price Growth Rating (47) in the Information Technology Services industry is in the same range as RNG (77) in the Packaged Software industry. This means that SHOP’s stock grew similarly to RNG’s over the last 12 months.

SHOP's P/E Growth Rating (6) in the Information Technology Services industry is significantly better than the same rating for RNG (100) in the Packaged Software industry. This means that SHOP’s stock grew significantly faster than RNG’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
RNGSHOP
RSI
ODDS (%)
Bullish Trend 2 days ago
85%
Bullish Trend 2 days ago
90%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
77%
Bullish Trend 2 days ago
89%
Momentum
ODDS (%)
Bearish Trend 2 days ago
78%
Bearish Trend 2 days ago
76%
MACD
ODDS (%)
Bullish Trend 2 days ago
76%
Bearish Trend 2 days ago
83%
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
75%
Bullish Trend 2 days ago
86%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
80%
Bearish Trend 2 days ago
77%
Advances
ODDS (%)
Bullish Trend 2 days ago
75%
Bullish Trend 2 days ago
84%
Declines
ODDS (%)
Bearish Trend 4 days ago
81%
Bearish Trend 9 days ago
75%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
81%
Bullish Trend 2 days ago
85%
Aroon
ODDS (%)
Bearish Trend 3 days ago
90%
Bearish Trend 2 days ago
83%
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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SHOP and

Correlation & Price change

A.I.dvisor indicates that over the last year, SHOP has been closely correlated with COIN. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if SHOP jumps, then COIN could also see price increases.

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Ticker /
NAME
Correlation
To SHOP
1D Price
Change %
SHOP100%
+2.58%
COIN - SHOP
67%
Closely correlated
-0.11%
CLSK - SHOP
64%
Loosely correlated
-1.30%
RIOT - SHOP
62%
Loosely correlated
-1.06%
DDOG - SHOP
62%
Loosely correlated
+2.38%
HUBS - SHOP
62%
Loosely correlated
+0.31%
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