Dropbox Stock Price on November 1, 2024
| DBX Stock | USD 29.77 0.68 2.23% |
Below is the normalized historical share price chart for Dropbox extending back to March 23, 2018. 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 Dropbox stands at 29.77, as last reported on the 15th of December 2024, with the highest price reaching 30.71 and the lowest price hitting 29.70 during the day.
If you're considering investing in Dropbox Stock, it is important to understand the factors that can impact its price. Dropbox appears to be very steady, given 3 months investment horizon. Dropbox secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dropbox, which you can use to evaluate the volatility of the firm. Please utilize Dropbox's Coefficient Of Variation of 499.08, mean deviation of 1.19, and Downside Deviation of 1.47 to check if our risk estimates are consistent with your expectations.
At this time, Dropbox's Common Stock Shares Outstanding is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to rise to 0.20 in 2024, despite the fact that Total Stockholder Equity is likely to grow to (157.5 M). . At this time, Dropbox's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 23.28 in 2024, despite the fact that Price Book Value Ratio is likely to grow to (57.63). Dropbox Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of March 2018 | 200 Day MA 24.3102 | 50 Day MA 27.165 | Beta 0.607 |
Dropbox |
Sharpe Ratio = 0.1791
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Dropbox is performing at about 14% of its full potential. 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 Dropbox by adding it to a well-diversified portfolio.
Price Book 29.8101 | Enterprise Value Ebitda 15.5395 | Price Sales 3.5339 | Shares Float 220 M | Wall Street Target Price 28.25 |
Related Headline
Wex Headline on 1st of November 2024
3 Stocks That Might Be Priced Up To 47 percent Below Intrins... by finance.yahoo.com
As global markets react to rising U.S. Treasury yields, with the SP 500 Index finishing lower after a six-week streak of gains, investors are increasingly focused on finding value amidst shifting economic conditions. In such an environment, identifying stocks that may be undervalued relative to their intrinsic value estimates can offer potential opportunities for those seeking to navigate the current market landscape effectively.
Dropbox Valuation on November 1, 2024
It is possible to determine the worth of Dropbox on a given historical date. On November 1, 2024 Dropbox was worth 25.93 at the beginning of the trading date compared to the closed value of 25.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dropbox stock. Still, in general, we apply an absolute valuation method to find Dropbox'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 Dropbox where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dropbox's related companies.
| Open | High | Low | Close | Volume | |
| 26.03 | 26.36 | 25.84 | 25.85 | 2,655,006 | |
11/01/2024 | 25.93 | 26.41 | 25.91 | 25.98 | 2,172,898 |
| 26.07 | 26.37 | 25.87 | 26.23 | 2,179,972 |
| Backtest Dropbox | | | Dropbox History | | | Dropbox Valuation | Previous | Next |
Dropbox Trading Date Momentum on November 1, 2024
| On November 04 2024 Dropbox was traded for 26.23 at the closing time. Highest Dropbox's price during the trading hours was 26.37 and the lowest price during the day was 25.87 . The net volume was 2.2 M. The overall trading history on the 4th of November contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.96% . The overall trading delta to current price is 4.70% . |
Dropbox Fundamentals Correlations and Trends
By evaluating Dropbox'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 Dropbox's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dropbox financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dropbox Stock history
Dropbox 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 Dropbox is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dropbox 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 Dropbox stock prices may prove useful in developing a viable investing in Dropbox
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 345.6 M | 425.6 M | |
| Net Income Applicable To Common Shares | 636.2 M | 668 M |
Dropbox Quarterly Net Working Capital |
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Dropbox Stock Technical Analysis
Dropbox 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
Dropbox Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
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Dropbox December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Dropbox stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dropbox shares will generate the highest return on investment. By undertsting and applying Dropbox stock market strength indicators, traders can identify Dropbox entry and exit signals to maximize returns
Dropbox Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dropbox's price direction in advance. Along with the technical and fundamental analysis of Dropbox Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dropbox 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 | 0.1508 | |||
| Jensen Alpha | 0.2455 | |||
| Total Risk Alpha | 0.1125 | |||
| Sortino Ratio | 0.1512 | |||
| Treynor Ratio | 0.4199 |
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Additional Tools for Dropbox Stock Analysis
When running Dropbox's price analysis, check to measure Dropbox'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 Dropbox is operating at the current time. Most of Dropbox's value examination focuses on studying past and present price action to predict the probability of Dropbox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dropbox's price. Additionally, you may evaluate how the addition of Dropbox to your portfolios can decrease your overall portfolio volatility.