Dropbox Stock Price on May 20, 2022
DBX Stock | USD 24.44 0.01 0.04% |
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 24.44, as last reported on the 28th of March, with the highest price reaching 24.61 and the lowest price hitting 24.19 during the day.
If you're considering investing in Dropbox Stock, it is important to understand the factors that can impact its price. Dropbox secures Sharpe Ratio (or Efficiency) of -0.0748, which denotes the company had a -0.0748% return per unit of risk over the last 3 months. Dropbox exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dropbox's Standard Deviation of 3.17, mean deviation of 1.51, and Variance of 10.05 to check the risk estimate we provide.
Common Stock Shares Outstanding is likely to rise to about 415.5 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (157.5 M). . At this time, Dropbox's Price Earnings Ratio is fairly stable compared to the past year. Price To Sales Ratio is likely to rise to 8.00 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.
IPO Date 23rd of March 2018 | 200 Day MA 27.5696 | 50 Day MA 27.8514 | Beta 0.711 |
Dropbox |
Sharpe Ratio = -0.0748
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Estimated Market Risk
3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dropbox is not performing at its full potential. However, 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 Dropbox to a well-diversified portfolio.
Price Book 29.8101 | Enterprise Value Ebitda 16.4138 | Price Sales 3.362 | Shares Float 252.4 M | Wall Street Target Price 30.43 |
Dropbox Valuation on May 20, 2022
It is possible to determine the worth of Dropbox on a given historical date. On May 20, 2022 Dropbox was worth 20.44 at the beginning of the trading date compared to the closed value of 20.17. 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 | |
19.80 | 20.60 | 19.74 | 20.33 | 4,202,600 | |
05/20/2022 | 20.44 | 20.71 | 19.76 | 20.17 | 4,077,700 |
20.16 | 20.45 | 20.02 | 20.44 | 3,512,600 |
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Dropbox Trading Date Momentum on May 20, 2022
On May 23 2022 Dropbox was traded for 20.44 at the closing time. Highest Dropbox's price during the trading hours was 20.45 and the lowest price during the day was 20.02 . The net volume was 3.5 M. The overall trading history on the 23rd of May contributed to the next trading period price jump. The overall trading delta to the next next day price was 1.34% . The overall trading delta to current price is 5.06% . |
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 Reported | Projected for 2024 | ||
Common Stock Shares Outstanding | 345.6 M | 415.5 M | |
Net Income Applicable To Common Shares | 636.2 M | 668 M |
Dropbox Quarterly Net Working Capital |
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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.
Price Boundaries
Dropbox Period Price Range
Low | May 20, 2022 | High |
20.44 | 20.17 |
-0.27 | -1.32% |
Dropbox March 28, 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
Accumulation Distribution | 187050.0 | |||
Daily Balance Of Power | (0.28) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 20.24 | |||
Day Typical Price | 20.21 | |||
Price Action Indicator | (0.20) | |||
Period Momentum Indicator | 4.27 |
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.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.42) | |||
Total Risk Alpha | (0.97) | |||
Treynor Ratio | (0.20) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dropbox. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Dropbox Stock please use our How to Invest in Dropbox guide.Note that the Dropbox information on this page should be used as a complementary analysis to other Dropbox's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary 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.
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Is Dropbox's industry 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 (0.28) | Earnings Share 1.31 | Revenue Per Share 7.332 | Quarterly Revenue Growth 0.06 | Return On Assets 0.0787 |
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.