Dolby Laboratories Stock Price on February 1, 2024

DLB Stock  USD 80.55  0.30  0.37%   
Below is the normalized historical share price chart for Dolby Laboratories extending back to February 17, 2005. 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 Dolby Laboratories stands at 80.55, as last reported on the 22nd of November, with the highest price reaching 81.56 and the lowest price hitting 79.69 during the day.
IPO Date
17th of February 2005
200 Day MA
77.5786
50 Day MA
73.9412
Beta
0.978
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Dolby Stock, it is important to understand the factors that can impact its price. Dolby Laboratories appears to be very steady, given 3 months investment horizon. Dolby Laboratories secures Sharpe Ratio (or Efficiency) of 0.0981, which denotes the company had a 0.0981% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dolby Laboratories, which you can use to evaluate the volatility of the firm. Please utilize Dolby Laboratories' Downside Deviation of 1.16, mean deviation of 1.12, and Coefficient Of Variation of 1433.14 to check if our risk estimates are consistent with your expectations.
  
At present, Dolby Laboratories' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 109.1 K, whereas Total Stockholder Equity is forecasted to decline to about 1.7 B. . At present, Dolby Laboratories' Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 25.14, whereas Price To Sales Ratio is forecasted to decline to 5.20. Dolby Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0981

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Estimated Market Risk

 2.23
  actual daily
19
81% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Dolby Laboratories is performing at about 7% 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 Dolby Laboratories by adding it to a well-diversified portfolio.
Price Book
3.1584
Enterprise Value Ebitda
20.9886
Price Sales
6.0809
Shares Float
59 M
Wall Street Target Price
100

Dolby Laboratories Valuation on February 1, 2024

It is possible to determine the worth of Dolby Laboratories on a given historical date. On February 1, 2024 Dolby was worth 82.28 at the beginning of the trading date compared to the closed value of 83.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dolby Laboratories stock. Still, in general, we apply an absolute valuation method to find Dolby Laboratories' 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 Dolby Laboratories where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dolby Laboratories' related companies.
 Open High Low Close Volume
  83.47    83.48    82.17    82.22    377,000  
02/01/2024
  82.28    83.89    82.28    83.85    515,200  
  82.70    82.70    78.43    79.34    830,000  
Backtest Dolby Laboratories  |  Dolby Laboratories History  |  Dolby Laboratories Valuation   PreviousNext  
Open Value
82.28
83.85
Closing Value
88.96
Upside

Dolby Laboratories Trading Date Momentum on February 1, 2024

On February 02 2024 Dolby Laboratories was traded for  79.34  at the closing time. Highest Dolby Laboratories's price during the trading hours was 82.70  and the lowest price during the day was  78.43 . The net volume was 830 K. The overall trading history on the 2nd of February contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 5.38% . The overall trading delta to current price is 5.02% .

Dolby Laboratories Fundamentals Correlations and Trends

By evaluating Dolby Laboratories' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dolby Laboratories' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dolby financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Dolby Laboratories Stock history

Dolby Laboratories 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 Dolby is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dolby Laboratories 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 Dolby Laboratories stock prices may prove useful in developing a viable investing in Dolby Laboratories
Last ReportedProjected for Next Year
Common Stock Shares Outstanding97.3 M113.5 M
Net Income Applicable To Common Shares230.8 M201.3 M

Dolby Laboratories Quarterly Net Working Capital

1.11 Billion

Dolby Laboratories Stock Technical Analysis

Dolby Laboratories 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 Dolby Laboratories technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dolby Laboratories 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

Dolby Laboratories Period Price Range

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November 22, 2024
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Dolby Laboratories November 22, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Dolby Laboratories' price direction in advance. Along with the technical and fundamental analysis of Dolby Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dolby 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.

Complementary Tools for Dolby Stock analysis

When running Dolby Laboratories' price analysis, check to measure Dolby Laboratories' 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 Dolby Laboratories is operating at the current time. Most of Dolby Laboratories' value examination focuses on studying past and present price action to predict the probability of Dolby Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dolby Laboratories' price. Additionally, you may evaluate how the addition of Dolby Laboratories to your portfolios can decrease your overall portfolio volatility.
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