SHAK · NYSE · Consumer Services

What does it cost to trade Shake Shack, Inc. Class A?

A $10,000 order costs about $19.71 (19.7 bps) between the half-spread and market impact.

Data as of 1 November 2026

Cost of $10k$19.71
Estimated quoted spread31.4 bps
Average daily trading value$98.4M
Daily volatility2.19%
1-day VaR (95%) on $10,000$360
Liquidity tierModerate

Estimated cost by order size

Order Half-spread Market impact Total Share of daily volume
$1,000 15.7 bps 1.59 bps $1.73 · 17.3 bps < 0.01%
$10,000 15.7 bps 4.01 bps $19.71 · 19.7 bps 0.010%
$100,000 15.8 bps 10.1 bps $258.87 · 25.9 bps 0.102%

Liquidity

Shake Shack, Inc. Class A trades about $98.4M a day, which puts it in the moderate liquidity tier. At that depth the model estimates a quoted spread of 31.4 bps, so a market order pays roughly half of it on the way in, and again on the way out. An order stays below 1% of a normal day's trading up to about $984K.

Volatility and risk

Daily volatility is around 2.19%, which is high for a stock. On a $10,000 position, the 1-day value at risk at 95% is about $360: on one trading day in twenty, a loss larger than that should be expected. Volatility also widens spreads, which the cost estimate above already includes.

How these figures are estimated

Spread: PreTrAIde's liquidity-tier model (average daily trading value) with a volatility uplift and a one-tick floor. Market impact: an Almgren-Chriss-style model on the order's share of daily volume. VaR: 1.645 × daily volatility. Inputs are 30-day average volume and recent price range. These are estimates, not quotes: the real cost depends on the market when the order is placed. PreTrAIde Methodology: How a Pre-Trade Analysis Is Computed

Frequently asked questions

How much does it cost to buy $10,000 of Shake Shack, Inc. Class A?

PreTrAIde estimates about $19.71 (19.7 bps) for a $10,000 market order in Shake Shack, Inc. Class A: $15.71 of half-spread and $4.01 of market impact, before any broker commission.

Is Shake Shack, Inc. Class A a liquid stock?

Shake Shack, Inc. Class A trades about $98.4M a day, in the moderate liquidity tier of PreTrAIde's model, with an estimated quoted spread of 31.4 bps.

How volatile is Shake Shack, Inc. Class A?

Its daily volatility is about 2.19% (high). The 1-day 95% value at risk on a $10,000 position is about $360.

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Educational content, not investment advice. PreTrAIde is analysis software, not a broker: it never executes orders, and its verdicts are decision support, not recommendations to buy or sell.