Dolby Rises 11 percent in a Month How Should Investors Play the Stock?
| DLB Stock | USD 78.19 0.40 0.51% |
About 53% of Dolby Laboratories' investor base is interested to short. The analysis of overall sentiment of trading Dolby Laboratories stock suggests that many investors are impartial at this time. The current market sentiment, together with Dolby Laboratories' historical and current headlines, can help investors time the market. In addition, many technical investors use Dolby Laboratories stock news signals to limit their universe of possible portfolio assets.
Dolby |
DLB gains from strength in Dolby Atmos and Dolby Vision. However, a downtrend at the box office and weak global consumer electronics sales are concerns.
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Dolby Laboratories Fundamental Analysis
We analyze Dolby Laboratories' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dolby Laboratories using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dolby Laboratories 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.
Beta
Beta Comparative Analysis
Dolby Laboratories is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Dolby Laboratories Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dolby Laboratories stock to make a market-neutral strategy. Peer analysis of Dolby Laboratories could also be used in its relative valuation, which is a method of valuing Dolby Laboratories by comparing valuation metrics with similar companies.
Peers
Dolby Laboratories Related Equities
| AZZ | AZZ Incorporated | 2.80 | ||||
| MMS | Maximus | 2.23 | ||||
| CVEO | Civeo Corp | 1.77 | ||||
| NTIP | Network 1 | 1.41 | ||||
| CBZ | CBIZ | 1.31 | ||||
| BV | BrightView Holdings | 1.07 | ||||
| RTO | Rentokil Initial | 0.36 | ||||
| CASS | Cass Information | 1.05 | ||||
| FA | First Advantage | 1.60 |
Complementary Tools for Dolby Stock analysis
When running Dolby Laboratories' price analysis, check to measure Dolby Laboratories' 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 Dolby Laboratories is operating at the current time. Most of Dolby Laboratories' value examination focuses on studying past and present price action to predict the probability of Dolby Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dolby Laboratories' price. Additionally, you may evaluate how the addition of Dolby Laboratories to your portfolios can decrease your overall portfolio volatility.
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