Dropbox Exceeds Market Returns Some Facts to Consider
| DBX Stock | USD 29.77 0.68 2.23% |
Slightly above 61% of Dropbox's investor base is looking to short. The analysis of the overall prospects from investing in Dropbox suggests that many traders are, at the present time, alarmed. Dropbox's investing sentiment can be driven by a variety of factors including economic data, Dropbox's earnings reports, geopolitical events, and overall market trends.
Dropbox |
Dropbox closed at 25.81 in the latest trading session, marking a 1.3 percent move from the prior day.
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Dropbox Fundamental Analysis
We analyze Dropbox's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dropbox using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dropbox based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Market Capitalization
Market Capitalization Comparative Analysis
Dropbox is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Dropbox Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dropbox stock to make a market-neutral strategy. Peer analysis of Dropbox could also be used in its relative valuation, which is a method of valuing Dropbox by comparing valuation metrics with similar companies.
Peers
Dropbox Related Equities
| EVCM | EverCommerce | 1.50 | ||||
| FFIV | F5 Networks | 0.09 | ||||
| IOT | Samsara | 0.06 | ||||
| GB | Global Blue | 0.66 | ||||
| AKAM | Akamai Technologies | 0.76 | ||||
| VRSN | VeriSign | 0.85 | ||||
| CCCS | CCC Intelligent | 0.90 | ||||
| CHKP | Check Point | 0.91 | ||||
| GDDY | Godaddy | 1.02 | ||||
| WEX | Wex | 1.07 | ||||
| ACIW | ACI Worldwide | 1.08 | ||||
| OKTA | Okta | 1.28 | ||||
| CSGS | CSG Systems | 1.50 | ||||
| QLYS | Qualys | 2.93 | ||||
| CCSI | Consensus Cloud | 4.06 |
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.