Dover Stock Price on April 27, 2024

DOV Stock  USD 184.95  1.20  0.65%   
Below is the normalized historical share price chart for Dover extending back to March 18, 1980. 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 Dover stands at 184.95, as last reported on the 9th of May, with the highest price reaching 185.01 and the lowest price hitting 183.98 during the day.
IPO Date
1st of July 1985
200 Day MA
152.1106
50 Day MA
174.2676
Beta
1.253
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Dover Stock, it is important to understand the factors that can impact its price. Dover appears to be very steady, given 3 months investment horizon. Dover secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the company had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dover, which you can use to evaluate the volatility of the firm. Please utilize Dover's Downside Deviation of 0.7647, coefficient of variation of 460.37, and Mean Deviation of 0.7593 to check if our risk estimates are consistent with your expectations.
  
At this time, Dover's Common Stock Shares Outstanding is fairly stable compared to the past year. Common Stock is likely to climb to about 274.4 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 6.5 B in 2024. . At this time, Dover's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to climb to 21.37 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop 12.34 in 2024. Dover Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2257

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Estimated Market Risk

 1.04
  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

 0.23
  actual daily
17
83% of assets perform better
Based on monthly moving average Dover is performing at about 17% 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.
Price Book
4.6287
Enterprise Value Ebitda
15.6625
Price Sales
2.8012
Shares Float
136.7 M
Dividend Share
2.035

Dover Main Headline on 26th of April 2024

Strengthened market position through innovative solutions across diverse segments.Robust financial performance with strategic capital allocation, including sha

Dover Valuation on April 27, 2024

It is possible to determine the worth of Dover on a given historical date. On April 27, 2024 Dover was worth 179.62 at the beginning of the trading date compared to the closed value of 180.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dover stock. Still, in general, we apply an absolute valuation method to find Dover'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 Dover where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dover's related companies.
 Open High Low Close Volume
  174.59    181.46    174.59    179.06    1,990,000  
04/26/2024
  179.62    181.49    178.86    180.16    889,590  
  180.29    181.06    179.21    180.04    967,560  
Backtest Dover  |  Dover History  |  Dover Valuation   PreviousNext  
Open Value
179.62
176.49
Downside
180.16
Closing Value
182.75
Upside

Dover Trading Date Momentum on April 27, 2024

On April 29 2024 Dover was traded for  180.04  at the closing time. Highest Dover's price during the trading hours was 181.06  and the lowest price during the day was  179.21 . The net volume was 967.6 K. The overall trading history on the 29th of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.07% . The overall trading delta to current price is 0.03% .

Dover Fundamentals Correlations and Trends

By evaluating Dover'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 Dover's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dover financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Dover Stock history

Dover 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 Dover is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dover 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 Dover stock prices may prove useful in developing a viable investing in Dover
Last ReportedProjected for Next Year
Common Stock Shares Outstanding140.6 M161.7 M
Net Income Applicable To Common Shares1.2 B710.2 M

Dover Quarterly Net Working Capital

925.51 Million

Dover Stock Technical Analysis

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

Dover Period Price Range

Low
April 26, 2024
0.54  0.30%
High

 179.62 

     

 180.16 

Dover May 9, 2024 Market Strength

Market strength indicators help investors to evaluate how Dover stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dover shares will generate the highest return on investment. By undertsting and applying Dover stock market strength indicators, traders can identify Dover entry and exit signals to maximize returns

Dover Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Dover's price direction in advance. Along with the technical and fundamental analysis of Dover Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dover 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.
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Dover Stock analysis

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
1.773
Dividend Share
2.035
Earnings Share
10.42
Revenue Per Share
60.521
Quarterly Revenue Growth
0.007
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.