Dave Pretax Profit Margin from 2010 to 2024
| DAVE Stock | USD 34.11 0.21 0.62% |
Pretax Profit Margin | First Reported 2010-12-31 | Previous Quarter (0.19) | Current Value (0.20) | Quarterly Volatility 0.1740895 |
Check Dave financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dave main balance sheet or income statement drivers, such as Tax Provision of 129.6 K, Interest Income of 5.6 M or Depreciation And Amortization of 5.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.37, Dividend Yield of 0.0 or PTB Ratio of 1.09. Dave financial statements analysis is a perfect complement when working with Dave Valuation or Volatility modules.
Dave | Pretax Profit Margin |
Latest Dave's Pretax Profit Margin Growth Pattern
Below is the plot of the Pretax Profit Margin of Dave Inc over the last few years. It is Dave's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dave's overall financial position and show how it may be relating to other accounts over time.
| Pretax Profit Margin | 10 Years Trend |
|
Pretax Profit Margin |
| Timeline |
Dave Pretax Profit Margin Regression Statistics
| Arithmetic Mean | (0.07) | |
| Coefficient Of Variation | (254.04) | |
| Mean Deviation | 0.12 | |
| Median | 0.02 | |
| Standard Deviation | 0.17 | |
| Sample Variance | 0.03 | |
| Range | 0.6474 | |
| R-Value | (0.62) | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.39 | |
| Significance | 0.01 | |
| Slope | (0.02) | |
| Total Sum of Squares | 0.42 |
Dave Pretax Profit Margin History
About Dave Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Dave income statement, its balance sheet, and the statement of cash flows. Dave investors use historical funamental indicators, such as Dave's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Dave investors may use each financial statement separately, they are all related. The changes in Dave's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dave's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dave Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dave. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.19) | (0.20) |
Pair Trading with Dave
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 Dave 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 Dave will appreciate offsetting losses from the drop in the long position's value.Moving together with Dave Stock
| 0.75 | DJCO | Daily Journal Corp | PairCorr |
| 0.63 | BL | Blackline Financial Report 2nd of May 2024 | PairCorr |
Moving against Dave Stock
| 0.89 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
| 0.86 | DT | Dynatrace Holdings LLC Buyout Trend | PairCorr |
| 0.85 | WK | Workiva Financial Report 7th of May 2024 | PairCorr |
| 0.8 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.8 | PD | Pagerduty Financial Report 6th of June 2024 | PairCorr |
The ability to find closely correlated positions to Dave could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dave 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 Dave - 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 Dave Inc to buy it.
The correlation of Dave 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 Dave moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dave Inc 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 Dave 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.Check out the analysis of Dave Correlation against competitors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Dave Stock analysis
When running Dave's price analysis, check to measure Dave'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 Dave is operating at the current time. Most of Dave's value examination focuses on studying past and present price action to predict the probability of Dave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dave's price. Additionally, you may evaluate how the addition of Dave to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |
Is Dave'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 Dave. If investors know Dave 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 Dave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.07) | Revenue Per Share 21.709 | Quarterly Revenue Growth 0.225 | Return On Assets (0.09) | Return On Equity (0.50) |
The market value of Dave Inc is measured differently than its book value, which is the value of Dave that is recorded on the company's balance sheet. Investors also form their own opinion of Dave's value that differs from its market value or its book value, called intrinsic value, which is Dave'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 Dave's market value can be influenced by many factors that don't directly affect Dave'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 Dave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dave'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.