Shift Technologies is a consumer-centric omnichannel retailer transforming the used car industry by utilizing its end-to-end ecommerce platform and retail locations to provide a technology-driven, hassle-free customer experience. Co.'s segments are: Retail and Wholesale. The Retail segment represents retail sales of used vehicles through Co.'s ecommerce platform and fees earned on sales of products associated with those vehicles sales such as vehicle service contracts, guaranteed asset protection waiver coverage, prepaid maintenance plans, and appearance protection plans. The Wholesale segment represents sales of used vehicles through wholesale auctions or directly to a wholesaler. The SFT average annual return since 2019 is shown above.
The Average Annual Return on the SFT average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether SFT average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SFT average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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