Dover Stock Performance

DOV Stock  USD 177.22  2.44  1.40%   
On a scale of 0 to 100, Dover holds a performance score of 16. The firm shows a Beta (market volatility) of 1.37, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dover will likely underperform. Please check Dover's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Dover's price patterns will revert.

Risk-Adjusted Performance

16 of 100

 
Low
 
High
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Dover are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Dover showed solid returns over the last few months and may actually be approaching a breakup point. ...more

Actual Historical Performance (%)

One Day Return
1.4
Five Day Return
(0.52)
Year To Date Return
16.96
Ten Year Return
171.1
All Time Return
29.3 K
Forward Dividend Yield
0.0117
Payout Ratio
0.2315
Last Split Factor
1238:1000
Forward Dividend Rate
2.04
Dividend Date
2024-03-15
1
Dover Full Year 2023 Earnings In Line With Expectations
02/02/2024
2
Dover appoints its CEO Tobin to the additional role of chair
02/09/2024
3
Cary Street Partners Investment Advisory LLC Acquires 2,118 Shares of Dover Co.
02/23/2024
4
Global Digital Ink Market Size is Estimated to Reach USD 9360 million by 2030, Growing at a CAGR of 6.4 percent Straits Research
03/05/2024
5
Dover to Present at the J.P. Morgan Industrials Conference
03/06/2024
6
AQR Capital Management LLC Acquires 2,998 Shares of Dover Co.
03/07/2024
7
VASJ works triple overtime for district final return OHSAA boys basketball tournament scoreboard
03/08/2024
8
Alphabet, Dover And 2 Other Stocks Insiders Are Selling
03/11/2024
 
Dover dividend paid on 15th of March 2024
03/15/2024
9
B. Riley Wealth Advisors Inc. Has 926000 Stock Holdings in Dover Co. - Defense World
03/18/2024
10
Disposition of tradable shares by James Moran of Dover at 175.065 subject to Rule 16b-3
03/19/2024
11
Disposition of tradable shares by Ryan Paulson of Dover at 175.065 subject to Rule 16b-3
03/22/2024
12
Em-tec Announces Release of SonoTT aQuila System
03/27/2024
Begin Period Cash Flow380.9 M
  

Dover Relative Risk vs. Return Landscape

If you would invest  15,381  in Dover on December 29, 2023 and sell it today you would earn a total of  2,341  from holding Dover or generate 15.22% return on investment over 90 days. Dover is generating 0.2385% of daily returns assuming volatility of 1.1078% on return distribution over 90 days investment horizon. In other words, 9% of stocks are less volatile than Dover, and above 96% of all equities are expected to generate higher returns over the next 90 days.
  Expected Return   
       Risk  
Considering the 90-day investment horizon Dover is expected to generate 1.93 times more return on investment than the market. However, the company is 1.93 times more volatile than its market benchmark. It trades about 0.22 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of risk.

Dover Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dover's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Dover, and traders can use it to determine the average amount a Dover's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.2153

Best PortfolioBest Equity
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Estimated Market Risk

 1.11
  actual daily
9
91% of assets are more volatile

Expected Return

 0.24
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
16
84% of assets perform better
Based on monthly moving average Dover is performing at about 16% 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 Dover by adding it to a well-diversified portfolio.

Dover Fundamentals Growth

Dover Stock prices reflect investors' perceptions of the future prospects and financial health of Dover, and Dover fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Dover Stock performance.

About Dover Performance

To evaluate Dover Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Dover generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Dover Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Dover market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Dover's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Return On Capital Employed 0.15  0.20 
Return On Assets 0.09  0.1 
Return On Equity 0.21  0.14 

Things to note about Dover performance evaluation

Checking the ongoing alerts about Dover for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Dover help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 88.0% of the company shares are held by institutions such as insurance companies
On 15th of March 2024 Dover paid $ 0.51 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Em-tec Announces Release of SonoTT aQuila System
Evaluating Dover's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Dover's stock performance include:
  • Analyzing Dover's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Dover's stock is overvalued or undervalued compared to its peers.
  • Examining Dover's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Dover's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Dover's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Dover's stock. These opinions can provide insight into Dover's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Dover's stock performance is not an exact science, and many factors can impact Dover's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Dover is a strong investment it is important to analyze Dover's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dover's future performance. For an informed investment choice regarding Dover Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dover. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Dover Stock please use our How to Invest in Dover guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Dover's price analysis, check to measure Dover'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 Dover is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.
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Is Dover'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 Dover. If investors know Dover 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 Dover 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
0.128
Dividend Share
2.03
Earnings Share
7.52
Revenue Per Share
60.338
Quarterly Revenue Growth
(0.02)
The market value of Dover is measured differently than its book value, which is the value of Dover that is recorded on the company's balance sheet. Investors also form their own opinion of Dover's value that differs from its market value or its book value, called intrinsic value, which is Dover'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 Dover's market value can be influenced by many factors that don't directly affect Dover'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 Dover's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dover is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover'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.