Dropbox Stock Price History
| DBX Stock | USD 22.92 0.07 0.30% |
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 22.92, as last reported on the 15th of April 2024, with the highest price reaching 23.44 and the lowest price hitting 22.88 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 -0.14, which denotes the company had a -0.14% 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 3.14, mean deviation of 1.46, and Variance of 9.86 to check the risk estimate we provide.
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.
IPO Date 23rd of March 2018 | 200 Day MA 27.4524 | 50 Day MA 25.8236 | Beta 0.699 |
Dropbox |
Sharpe Ratio = -0.1384
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DBX |
Estimated Market Risk
| 3.17 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 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 15.28 | Price Sales 3.1098 | Shares Float 251.2 M | Wall Street Target Price 30.43 |
Dropbox Stock Price History Chart
There are several ways to analyze Dropbox Stock price data. The simplest method is using a basic Dropbox candlestick price chart, which shows Dropbox price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | February 9, 2024 | 33.16 |
| Lowest Price | April 15, 2024 | 22.92 |
Dropbox April 15, 2024 Stock Price Synopsis
Various analyses of Dropbox's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Dropbox Stock. It can be used to describe the percentage change in the price of Dropbox from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Dropbox Stock.| Dropbox Price Rate Of Daily Change | 1.00 | |
| Dropbox Price Daily Balance Of Power | (0.12) | |
| Dropbox Accumulation Distribution | 76,764 | |
| Dropbox Price Action Indicator | (0.27) |
Dropbox April 15, 2024 Stock Price Analysis
Dropbox Stock Price History Data
The price series of Dropbox for the period between Tue, Jan 16, 2024 and Mon, Apr 15, 2024 has a statistical range of 10.17 with a coefficient of variation of 14.96. Under current investment horizon, the daily prices are spread out with arithmetic mean of 27.25. The median price for the last 90 days is 24.4.| Open | High | Low | Close | Volume | ||
| 04/15/2024 | 23.09 | 23.44 | 22.88 | 22.92 | 3,213,124 | |
| 04/12/2024 | 23.33 | 23.34 | 22.96 | 22.99 | 3,123,109 | |
| 04/11/2024 | 23.54 | 23.64 | 23.32 | 23.49 | 2,502,159 | |
| 04/10/2024 | 23.00 | 23.39 | 22.97 | 23.36 | 2,681,554 | |
| 04/09/2024 | 23.27 | 23.38 | 23.05 | 23.32 | 3,396,027 | |
| 04/08/2024 | 23.27 | 23.54 | 23.26 | 23.28 | 2,500,038 | |
| 04/05/2024 | 23.25 | 23.46 | 23.16 | 23.27 | 2,939,492 | |
| 04/04/2024 | 23.57 | 23.75 | 23.22 | 23.23 | 4,014,700 | |
| 04/03/2024 | 23.82 | 23.91 | 23.47 | 23.48 | 3,118,102 | |
| 04/02/2024 | 24.01 | 24.22 | 23.81 | 23.90 | 3,010,914 | |
| 04/01/2024 | 24.42 | 24.42 | 24.17 | 24.31 | 2,504,368 | |
| 03/28/2024 | 24.37 | 24.63 | 24.08 | 24.30 | 3,309,348 | |
| 03/27/2024 | 24.51 | 24.61 | 24.19 | 24.44 | 3,753,844 | |
| 03/26/2024 | 24.27 | 24.67 | 24.27 | 24.45 | 3,046,663 | |
| 03/25/2024 | 24.27 | 24.42 | 24.21 | 24.27 | 2,861,468 | |
| 03/22/2024 | 24.16 | 24.44 | 24.07 | 24.35 | 3,805,929 | |
| 03/21/2024 | 24.61 | 24.74 | 24.33 | 24.40 | 3,646,756 | |
| 03/20/2024 | 24.53 | 24.66 | 24.33 | 24.46 | 4,510,081 | |
| 03/19/2024 | 23.94 | 24.55 | 23.93 | 24.53 | 4,675,247 | |
| 03/18/2024 | 24.07 | 24.24 | 23.79 | 23.97 | 4,248,898 | |
| 03/15/2024 | 23.97 | 24.17 | 23.82 | 23.82 | 9,909,128 | |
| 03/14/2024 | 23.98 | 24.26 | 23.83 | 24.20 | 4,492,241 | |
| 03/13/2024 | 23.91 | 24.09 | 23.80 | 24.03 | 3,658,762 | |
| 03/12/2024 | 23.61 | 24.07 | 23.50 | 23.84 | 4,341,593 | |
| 03/11/2024 | 23.91 | 23.96 | 23.45 | 23.50 | 5,900,325 | |
| 03/08/2024 | 24.18 | 24.68 | 24.02 | 24.02 | 3,772,047 | |
| 03/07/2024 | 23.95 | 24.21 | 23.52 | 24.15 | 4,545,075 | |
| 03/06/2024 | 24.23 | 24.31 | 23.63 | 23.80 | 4,690,722 | |
| 03/05/2024 | 23.91 | 24.19 | 23.68 | 23.90 | 4,641,119 | |
| 03/04/2024 | 24.29 | 24.62 | 24.06 | 24.10 | 4,496,944 | |
| 03/01/2024 | 24.02 | 24.25 | 23.77 | 24.14 | 4,341,139 | |
| 02/29/2024 | 24.01 | 24.15 | 23.56 | 23.95 | 7,716,454 | |
| 02/28/2024 | 23.86 | 24.38 | 23.79 | 23.85 | 4,123,828 | |
| 02/27/2024 | 23.58 | 24.14 | 23.56 | 23.98 | 5,216,851 | |
| 02/26/2024 | 24.00 | 24.13 | 23.48 | 23.50 | 6,079,477 | |
| 02/23/2024 | 23.49 | 24.10 | 23.42 | 24.00 | 4,455,774 | |
| 02/22/2024 | 24.28 | 24.46 | 23.23 | 23.26 | 7,373,690 | |
| 02/21/2024 | 23.79 | 24.47 | 23.71 | 23.86 | 6,417,412 | |
| 02/20/2024 | 24.88 | 25.14 | 23.89 | 24.23 | 11,224,145 | |
| 02/16/2024 | 27.98 | 27.98 | 24.63 | 25.08 | 21,085,245 | |
| 02/15/2024 | 32.40 | 32.69 | 32.36 | 32.54 | 4,976,699 | |
| 02/14/2024 | 32.39 | 33.25 | 32.09 | 32.41 | 2,985,462 | |
| 02/13/2024 | 31.68 | 32.48 | 31.26 | 32.02 | 3,899,707 | |
| 02/12/2024 | 33.15 | 33.27 | 32.42 | 32.44 | 2,607,616 | |
| 02/09/2024 | 32.91 | 33.43 | 32.91 | 33.16 | 3,497,556 | |
| 02/08/2024 | 33.10 | 33.28 | 32.77 | 32.78 | 2,577,631 | |
| 02/07/2024 | 32.91 | 33.30 | 32.67 | 32.89 | 3,188,426 | |
| 02/06/2024 | 32.76 | 33.27 | 32.30 | 32.70 | 2,930,252 | |
| 02/05/2024 | 32.50 | 32.64 | 32.19 | 32.49 | 1,561,728 | |
| 02/02/2024 | 32.12 | 32.84 | 32.12 | 32.47 | 2,614,779 | |
| 02/01/2024 | 31.86 | 32.41 | 31.83 | 32.27 | 2,855,921 | |
| 01/31/2024 | 32.35 | 32.35 | 31.52 | 31.68 | 2,807,666 | |
| 01/30/2024 | 32.51 | 32.66 | 32.35 | 32.54 | 2,683,563 | |
| 01/29/2024 | 32.15 | 32.53 | 32.00 | 32.45 | 2,102,293 | |
| 01/26/2024 | 32.27 | 32.43 | 32.02 | 32.10 | 1,642,507 | |
| 01/25/2024 | 32.64 | 32.95 | 32.25 | 32.38 | 2,392,113 | |
| 01/24/2024 | 32.50 | 32.80 | 32.31 | 32.40 | 2,264,961 | |
| 01/23/2024 | 32.66 | 32.83 | 32.17 | 32.32 | 2,569,376 | |
| 01/22/2024 | 32.45 | 32.88 | 32.25 | 32.72 | 5,357,519 | |
| 01/19/2024 | 31.86 | 32.18 | 31.72 | 32.17 | 2,547,356 | |
| 01/18/2024 | 31.15 | 31.76 | 31.15 | 31.64 | 2,194,971 |
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 Next Year | ||
| Common Stock Shares Outstanding | 345.6 M | 425.6 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.
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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 | (0.06) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.31) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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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.