Redshift is not a shift, it is defined as a fractional change in wavelength.
Nevertheless, it is a fairly common misconception
that

represents a velocity where

is the redshift
separation between two galaxies.
When evaluating large changes in a quantity,
it is often more useful to consider logarithmic differences.
Defining

results in a more accurate approximation for line-of-sight velocity and,
more importantly,
this means that the cosmological and peculiar velocity terms become additive:

can represent a velocity at any cosmological distance.
Logarithmic shift

, or equivalently

, should arguably
be used for photometric redshift evaluation.
For a comparative non-accelerating universe, used in cosmology,
comoving distance (

) is proportional to

.
This means that galaxy population distributions in

, rather than

,
are close to being evenly distributed in

, and
they have a more aesthetic spacing when considering galaxy evolution.
Some pedagogic notes on these quantities are presented.