Dropbox Stock Price on November 25, 2024

DBX Stock  USD 27.99  0.35  1.27%   
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 27.99, as last reported on the 25th of November, with the highest price reaching 28.17 and the lowest price hitting 27.61 during the day.
IPO Date
23rd of March 2018
200 Day MA
24.1826
50 Day MA
26.0716
Beta
0.607
 
Covid
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 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Dropbox, which you can use to evaluate the volatility of the firm. Please utilize Dropbox's Downside Deviation of 1.72, coefficient of variation of 644.87, and Mean Deviation of 1.17 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.

Sharpe Ratio = 0.1382

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Estimated Market Risk

 1.63
  actual daily
14
86% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average Dropbox is performing at about 10% 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
14.7144
Price Sales
3.3226
Shares Float
220 M
Wall Street Target Price
27.75

Dropbox Valuation on November 25, 2024

It is possible to determine the worth of Dropbox on a given historical date. On November 25, 2024 Dropbox was worth 27.64 at the beginning of the trading date compared to the closed value of 27.99. 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
  27.64    28.17    27.61    27.99    2,543,226  
11/25/2024
  27.64    28.17    27.61    27.99    0.00  
Backtest Dropbox  |  Dropbox History  |  Dropbox Valuation   Previous
Open Value
27.64
27.99
Closing Value
32.53
Upside

Dropbox Trading Date Momentum on November 25, 2024

On November 25 2024 Dropbox was traded for  27.99  at the closing time. Highest Dropbox's price during the trading hours was 28.17  and the lowest price during the day was  27.61 . There was no trading activity during the period 0.0. Lack of trading volume on the 25th of November did not affect price variability. The overall trading delta to current price is 1.25% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding345.6 M425.6 M
Net Income Applicable To Common Shares636.2 M668 M

Dropbox Quarterly Net Working Capital

47.4 Million

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.
A focus of Dropbox technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dropbox trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dropbox Period Price Range

Low
November 25, 2024
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High

 0.00 

     

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Dropbox cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Dropbox November 25, 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.

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.