This Top Computer and Technology Stock is a 1 Why It Should Be on Your Radar

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.
  
The Zacks Rank offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Heres why you should take advantage.

Read at zacks.com
zacks News
  

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.

Return On Asset

Return On Asset Comparative Analysis

Dropbox is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

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

EVCMEverCommerce   1.50   
0%
36.0%
FFIVF5 Networks   0.09   
0%
2.0%
IOTSamsara   0.06   
0%
1.0%
GBGlobal Blue   0.66   
16.0%
0%
AKAMAkamai Technologies   0.76   
18.0%
0%
VRSNVeriSign   0.85   
20.0%
0%
CCCSCCC Intelligent   0.90   
22.0%
0%
CHKPCheck Point   0.91   
22.0%
0%
GDDYGodaddy   1.02   
25.0%
0%
WEXWex   1.07   
26.0%
0%
ACIWACI Worldwide   1.08   
26.0%
0%
OKTAOkta   1.28   
31.0%
0%
CSGSCSG Systems   1.50   
36.0%
0%
QLYSQualys   2.93   
72.0%
0%
CCSIConsensus Cloud   4.06   
100.0%
0%

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.