Dropbox Stock Market Value
| DBX Stock | USD 27.99 0.35 1.27% |
| Symbol | Dropbox |
Dropbox Price To Book Ratio
Is Application Software 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 Dropbox. If investors know Dropbox 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 Dropbox 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 0.028 | Earnings Share 1.73 | Revenue Per Share 7.76 | Quarterly Revenue Growth 0.009 | Return On Assets 0.105 |
The market value of Dropbox is measured differently than its book value, which is the value of Dropbox that is recorded on the company's balance sheet. Investors also form their own opinion of Dropbox's value that differs from its market value or its book value, called intrinsic value, which is Dropbox's 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 Dropbox's market value can be influenced by many factors that don't directly affect Dropbox's 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 Dropbox's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dropbox is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dropbox's 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.
Dropbox 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Dropbox's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Dropbox.
| 05/05/2023 |
| 11/25/2024 |
If you would invest 0.00 in Dropbox on May 5, 2023 and sell it all today you would earn a total of 0.00 from holding Dropbox or generate 0.0% return on investment in Dropbox over 570 days. Dropbox is related to or competes with GigaCloud Technology, Arqit Quantum, Telos Corp, Cemtrex, AuthID, Datasea, and Priority Technology. Dropbox, Inc. provides a content collaboration platform worldwide More
Dropbox Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Dropbox's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Dropbox upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.72 | |||
| Information Ratio | 0.0741 | |||
| Maximum Drawdown | 7.66 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 2.87 |
Dropbox Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dropbox's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dropbox's standard deviation. In reality, there are many statistical measures that can use Dropbox historical prices to predict the future Dropbox's volatility.| Risk Adjusted Performance | 0.1242 | |||
| Jensen Alpha | 0.1129 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0696 | |||
| Treynor Ratio | 0.2276 |
Dropbox Backtested Returns
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. On a scale of 0 to 100, Dropbox holds a performance score of 10. The firm shows a Beta (market volatility) of 1.06, which means a somewhat significant risk relative to the market. Dropbox returns are very sensitive to returns on the market. As the market goes up or down, Dropbox is expected to follow. Please check Dropbox's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Dropbox's price patterns will revert.
Auto-correlation | 0.34 |
Below average predictability
Dropbox has below average predictability. Overlapping area represents the amount of predictability between Dropbox time series from 5th of May 2023 to 14th of February 2024 and 14th of February 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dropbox price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Dropbox price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 3.13 |
Dropbox lagged returns against current returns
Autocorrelation, which is Dropbox stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Dropbox's stock expected returns. We can calculate the autocorrelation of Dropbox returns to help us make a trade decision. For example, suppose you find that Dropbox has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Dropbox regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Dropbox stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dropbox stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dropbox stock over time.
Current vs Lagged Prices |
| Timeline |
Dropbox Lagged Returns
When evaluating Dropbox's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dropbox stock have on its future price. Dropbox autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Dropbox autocorrelation shows the relationship between Dropbox stock current value and its past values and can show if there is a momentum factor associated with investing in Dropbox.
Regressed Prices |
| Timeline |
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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.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.