Dave Busters Stock Forecast - Naive Prediction
| PLAY Stock | USD 53.63 0.19 0.35% |
The Naive Prediction forecasted value of Dave Busters Entertainment on the next trading day is expected to be 47.24 with a mean absolute deviation of 1.20 and the sum of the absolute errors of 73.25. Dave Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dave Busters stock prices and determine the direction of Dave Busters Entertainment's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Dave Busters' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Dave Busters' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Dave Busters' systematic risk associated with finding meaningful patterns of Dave Busters fundamentals over time.
Check out Historical Fundamental Analysis of Dave Busters to cross-verify your projections. Dave |
Open Interest Against 2024-04-19 Dave Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Dave Busters' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Dave Busters' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Dave Busters stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Dave Busters' open interest, investors have to compare it to Dave Busters' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Dave Busters is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Dave. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Dave Busters cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Dave Busters' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Dave Busters' price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Dave Busters is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Dave Busters Entertainment value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period. Dave Busters Naive Prediction Price Forecast For the 20th of April
Given 90 days horizon, the Naive Prediction forecasted value of Dave Busters Entertainment on the next trading day is expected to be 47.24 with a mean absolute deviation of 1.20, mean absolute percentage error of 2.66, and the sum of the absolute errors of 73.25.Please note that although there have been many attempts to predict Dave Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Dave Busters' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Dave Busters Stock Forecast Pattern
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Dave Busters Forecasted Value
In the context of forecasting Dave Busters' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Dave Busters' downside and upside margins for the forecasting period are 44.55 and 49.93, respectively. We have considered Dave Busters' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Dave Busters stock data series using in forecasting. Note that when a statistical model is used to represent Dave Busters stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 119.0896 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.2009 |
| MAPE | Mean absolute percentage error | 0.0203 |
| SAE | Sum of the absolute errors | 73.2528 |
Predictive Modules for Dave Busters
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dave Busters Enterta. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dave Busters' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Dave Busters
For every potential investor in Dave, whether a beginner or expert, Dave Busters' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dave Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dave. Basic forecasting techniques help filter out the noise by identifying Dave Busters' price trends.View Dave Busters Related Equities
| Risk & Return | Correlation |
Dave Busters Enterta Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Dave Busters' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Dave Busters' current price.| Cycle Indicators | ||
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Dave Busters Market Strength Events
Market strength indicators help investors to evaluate how Dave Busters stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dave Busters shares will generate the highest return on investment. By undertsting and applying Dave Busters stock market strength indicators, traders can identify Dave Busters Entertainment entry and exit signals to maximize returns.
Dave Busters Risk Indicators
The analysis of Dave Busters' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Dave Busters' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dave stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.94 | |||
| Semi Deviation | 2.22 | |||
| Standard Deviation | 2.68 | |||
| Variance | 7.2 | |||
| Downside Variance | 5.22 | |||
| Semi Variance | 4.91 | |||
| Expected Short fall | (2.46) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Dave Busters Investors Sentiment
The influence of Dave Busters' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dave. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dave Busters' public news can be used to forecast risks associated with an investment in Dave. The trend in average sentiment can be used to explain how an investor holding Dave can time the market purely based on public headlines and social activities around Dave Busters Entertainment. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dave Busters' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dave Busters' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dave Busters' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dave Busters.
Dave Busters Implied Volatility | 66.61 |
Dave Busters' implied volatility exposes the market's sentiment of Dave Busters Entertainment stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dave Busters' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dave Busters stock will not fluctuate a lot when Dave Busters' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dave Busters in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dave Busters' short interest history, or implied volatility extrapolated from Dave Busters options trading.
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Check out Historical Fundamental Analysis of Dave Busters to cross-verify your projections. Note that the Dave Busters Enterta information on this page should be used as a complementary analysis to other Dave Busters' 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Dave Stock analysis
When running Dave Busters' price analysis, check to measure Dave Busters' 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 Busters is operating at the current time. Most of Dave Busters' value examination focuses on studying past and present price action to predict the probability of Dave Busters' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dave Busters' price. Additionally, you may evaluate how the addition of Dave Busters to your portfolios can decrease your overall portfolio volatility.
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Is Dave Busters' 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 Busters. 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 Busters 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 0.098 | Earnings Share 2.88 | Revenue Per Share 51.049 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0528 |
The market value of Dave Busters Enterta 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 Busters' value that differs from its market value or its book value, called intrinsic value, which is Dave Busters' 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 Busters' market value can be influenced by many factors that don't directly affect Dave Busters' 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 Busters' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dave Busters is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dave Busters' 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.