Dolby Laboratories Stock Forecast - Daily Balance Of Power

DLB Stock  USD 80.30  0.25  0.31%   
Dolby Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dolby Laboratories stock prices and determine the direction of Dolby Laboratories's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Dolby Laboratories' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Dolby Laboratories' Inventory Turnover is projected to drop slightly based on the last few years of reporting. The current year's Payables Turnover is expected to grow to 9.98, whereas Receivables Turnover is forecasted to decline to 2.99. . The current year's Common Stock Shares Outstanding is expected to grow to about 113.5 M, whereas Net Income Applicable To Common Shares is forecasted to decline to about 201.3 M.
On January 31, 2024 Dolby Laboratories had Daily Balance Of Power of (0.95). Balance of Power indicator (or BOP) measures the strength of Dolby Laboratories market sensitivity to bulls and bears. It estimates the ability of Dolby Laboratories buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Dolby Laboratories Balance of Power indicator one can determine a trend of the price direction.
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Dolby Laboratories Trading Date Momentum

On February 01 2024 Dolby Laboratories was traded for  83.85  at the closing time. Highest Dolby Laboratories's price during the trading hours was 83.89  and the lowest price during the day was  82.28 . The net volume was 515.2 K. The overall trading history on the 1st of February contributed to the next trading period price jump. The overall trading delta to the next next day price was 1.98% . The overall trading delta to current price is 3.71% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Dolby Laboratories

For every potential investor in Dolby, whether a beginner or expert, Dolby Laboratories' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dolby Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dolby. Basic forecasting techniques help filter out the noise by identifying Dolby Laboratories' price trends.

Dolby Laboratories Related Equities

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 Dolby Laboratories stock to make a market-neutral strategy. Peer analysis of Dolby Laboratories could also be used in its relative valuation, which is a method of valuing Dolby Laboratories by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Dolby Laboratories Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Dolby Laboratories' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Dolby Laboratories' current price.

Dolby Laboratories Market Strength Events

Market strength indicators help investors to evaluate how Dolby Laboratories stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dolby Laboratories shares will generate the highest return on investment. By undertsting and applying Dolby Laboratories stock market strength indicators, traders can identify Dolby Laboratories entry and exit signals to maximize returns.

Dolby Laboratories Risk Indicators

The analysis of Dolby Laboratories' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Dolby Laboratories' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dolby stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Dolby Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dolby Laboratories' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dolby Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dolby Laboratories Stock:
Check out Historical Fundamental Analysis of Dolby Laboratories to cross-verify your projections.
For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dolby Laboratories. If investors know Dolby will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dolby Laboratories listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.353
Earnings Share
2.69
Revenue Per Share
13.172
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0516
The market value of Dolby Laboratories is measured differently than its book value, which is the value of Dolby that is recorded on the company's balance sheet. Investors also form their own opinion of Dolby Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Dolby Laboratories' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dolby Laboratories' market value can be influenced by many factors that don't directly affect Dolby Laboratories' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dolby Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dolby Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dolby Laboratories' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.