Dropbox Stock Filter Stocks by Fundamentals

DBX Stock  USD 24.30  0.14  0.57%   
Dropbox fundamentals help investors to digest information that contributes to Dropbox's financial success or failures. It also enables traders to predict the movement of Dropbox Stock. The fundamental analysis module provides a way to measure Dropbox's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dropbox stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Dropbox Number of Shares Shorted Analysis

Dropbox Number of Shares Shorted Driver Correlations

Understanding the fundamental principles of building solid financial models for Dropbox is extremely important. It helps to project a fair market value of Dropbox Stock properly, considering its historical fundamentals such as Number of Shares Shorted. Since Dropbox's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dropbox's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dropbox's interrelated accounts and indicators.
0.01-0.31-0.320.11-0.940.730.490.920.920.960.810.940.750.930.960.76-0.810.97-0.50.760.620.980.910.960.90.81-0.34
0.01-0.03-0.08-0.070.07-0.20.0-0.03-0.080.040.09-0.08-0.47-0.150.02-0.330.41-0.020.750.260.08-0.040.09-0.02-0.010.07-0.01
-0.31-0.03-0.320.890.44-0.03-0.15-0.01-0.41-0.53-0.64-0.06-0.19-0.06-0.550.160.1-0.26-0.05-0.570.06-0.39-0.63-0.22-0.21-0.660.38
-0.32-0.08-0.32-0.450.25-0.05-0.09-0.34-0.12-0.14-0.18-0.34-0.13-0.36-0.17-0.560.29-0.340.160.07-0.49-0.24-0.13-0.24-0.35-0.220.07
0.11-0.070.89-0.450.00.270.110.43-0.03-0.16-0.280.370.230.39-0.160.55-0.30.19-0.35-0.330.190.03-0.270.220.24-0.280.24
-0.940.070.440.250.0-0.69-0.46-0.86-0.92-0.91-0.91-0.9-0.82-0.91-0.93-0.760.84-0.940.6-0.67-0.42-0.98-0.87-0.94-0.89-0.850.55
0.73-0.2-0.03-0.050.27-0.690.180.720.750.660.410.760.720.760.640.67-0.820.71-0.680.50.560.740.520.80.670.4-0.35
0.490.0-0.15-0.090.11-0.460.180.520.40.480.470.490.470.50.490.45-0.410.44-0.210.49-0.080.50.550.370.310.540.21
0.92-0.03-0.01-0.340.43-0.860.720.520.830.80.660.990.810.980.810.88-0.850.95-0.610.530.480.90.720.950.920.64-0.21
0.92-0.08-0.41-0.12-0.03-0.920.750.40.830.930.840.890.740.860.920.7-0.840.88-0.540.660.430.960.850.90.80.69-0.45
0.960.04-0.53-0.14-0.16-0.910.660.480.80.930.870.830.660.810.990.58-0.710.89-0.380.860.540.950.970.890.790.84-0.37
0.810.09-0.64-0.18-0.28-0.910.410.470.660.840.870.720.590.70.870.53-0.610.78-0.320.680.240.880.870.750.70.84-0.61
0.94-0.08-0.06-0.340.37-0.90.760.490.990.890.830.720.830.990.840.89-0.890.95-0.650.550.490.930.740.960.910.65-0.31
0.75-0.47-0.19-0.130.23-0.820.720.470.810.740.660.590.830.870.70.84-0.930.83-0.890.360.210.80.620.810.820.66-0.25
0.93-0.15-0.06-0.360.39-0.910.760.50.980.860.810.70.990.870.820.92-0.920.95-0.710.520.480.930.730.950.910.66-0.31
0.960.02-0.55-0.17-0.16-0.930.640.490.810.920.990.870.840.70.820.6-0.730.92-0.40.830.520.960.980.90.840.89-0.34
0.76-0.330.16-0.560.55-0.760.670.450.880.70.580.530.890.840.920.6-0.920.81-0.810.210.390.770.490.780.790.48-0.24
-0.810.410.10.29-0.30.84-0.82-0.41-0.85-0.84-0.71-0.61-0.89-0.93-0.92-0.73-0.92-0.850.87-0.35-0.36-0.86-0.61-0.84-0.8-0.570.31
0.97-0.02-0.26-0.340.19-0.940.710.440.950.880.890.780.950.830.950.920.81-0.85-0.580.620.510.950.850.970.980.81-0.31
-0.50.75-0.050.16-0.350.6-0.68-0.21-0.61-0.54-0.38-0.32-0.65-0.89-0.71-0.4-0.810.87-0.58-0.03-0.18-0.56-0.28-0.59-0.58-0.30.29
0.760.26-0.570.07-0.33-0.670.50.490.530.660.860.680.550.360.520.830.21-0.350.62-0.030.540.710.890.660.520.75-0.23
0.620.080.06-0.490.19-0.420.56-0.080.480.430.540.240.490.210.480.520.39-0.360.51-0.180.540.470.480.570.490.33-0.18
0.98-0.04-0.39-0.240.03-0.980.740.50.90.960.950.880.930.80.930.960.77-0.860.95-0.560.710.470.90.950.880.81-0.45
0.910.09-0.63-0.13-0.27-0.870.520.550.720.850.970.870.740.620.730.980.49-0.610.85-0.280.890.480.90.810.760.92-0.29
0.96-0.02-0.22-0.240.22-0.940.80.370.950.90.890.750.960.810.950.90.78-0.840.97-0.590.660.570.950.810.950.73-0.41
0.9-0.01-0.21-0.350.24-0.890.670.310.920.80.790.70.910.820.910.840.79-0.80.98-0.580.520.490.880.760.950.77-0.32
0.810.07-0.66-0.22-0.28-0.850.40.540.640.690.840.840.650.660.660.890.48-0.570.81-0.30.750.330.810.920.730.77-0.29
-0.34-0.010.380.070.240.55-0.350.21-0.21-0.45-0.37-0.61-0.31-0.25-0.31-0.34-0.240.31-0.310.29-0.23-0.18-0.45-0.29-0.41-0.32-0.29
Click cells to compare fundamentals
Competition

Based on the recorded statements, Dropbox has 0.0null of outstending shares currently sold short by investors. This indicator is about the same for the Software average (which is currently at 0.0) sector and about the same as Number of Shares Shorted (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Did you try this?

Run Portfolio Dashboard Now

   

Portfolio Dashboard

Portfolio dashboard that provides centralized access to all your investments
All  Next Launch Module

Dropbox Fundamentals

About Dropbox Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dropbox's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dropbox using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dropbox based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Dropbox, Inc. provides a content collaboration platform worldwide. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California. Dropbox operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 2667 people.

Pair Trading with Dropbox

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dropbox position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dropbox will appreciate offsetting losses from the drop in the long position's value.

Moving against Dropbox Stock

  0.84DTSS DataseaPairCorr
  0.74EEFT Euronet Worldwide Financial Report 7th of May 2024 PairCorr
  0.72SQ Block Inc Financial Report 2nd of May 2024 PairCorr
  0.62DOCN DigitalOcean Holdings Financial Report 14th of May 2024 PairCorr
  0.59MOGO Mogo Inc Financial Report 9th of May 2024 PairCorr
The ability to find closely correlated positions to Dropbox could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dropbox when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dropbox - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dropbox to buy it.
The correlation of Dropbox is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dropbox moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dropbox moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dropbox can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Dropbox offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dropbox's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dropbox Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dropbox Stock:
Check out Dropbox Piotroski F Score and Dropbox Altman Z Score analysis.
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
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.