Dave Stock Chance of Future Stock Price Finishing Under 0.11

DAVE
 Stock
  

USD 0.35  0.01  2.78%   

Dave's future price is the expected price of Dave instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Dave Inc performance during a given time horizon utilizing its historical volatility.
  
Continue to Dave Backtesting, Dave Valuation, Dave Correlation, Dave Hype Analysis, Dave Volatility, Dave History as well as Dave Performance. Please specify Dave time horizon, a valid symbol (red box) and a target price (blue box) you would like Dave odds to be computed.

Dave Target Price Odds to finish below 0.11

The tendency of Dave Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 0.11  or more in 90 days
 0.35 90 days 0.11 
near 1
Based on a normal probability distribution, the odds of Dave to drop to $ 0.11  or more in 90 days from now is near 1 (This Dave Inc probability density function shows the probability of Dave Stock to fall within a particular range of prices over 90 days) . Probability of Dave Inc price to stay between $ 0.11  and its current price of $0.35 at the end of the 90-day period is about 32.55 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.03 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Dave will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Dave Inc is significantly underperforming NYSE Composite.
   Dave Price Density   
       Price  

Predictive Modules for Dave

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 Inc. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Dave's 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. Please use the tools below to analyze the current value of Dave in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.020.376.44
Details
Intrinsic
Valuation
LowReal ValueHigh
0.112.258.32
Details
Naive
Forecast
LowNext ValueHigh
0.0059640.306.37
Details
1 Analysts
Consensus
LowTarget PriceHigh
8.008.008.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dave. Your research has to be compared to or analyzed against Dave's peers to derive any actionable benefits. When done correctly, Dave's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Dave Inc.

Dave Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Dave is not an exception. The market had few large corrections towards the Dave's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Dave Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dave within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.46
β
Beta against NYSE Composite2.03
σ
Overall volatility
0.07
Ir
Information ratio -0.07

Dave Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Dave for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dave Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Dave Inc generated a negative expected return over the last 90 days
Dave Inc has high historical volatility and very poor performance
Dave Inc has some characteristics of a very speculative penny stock
The company reported the previous year's revenue of 153 M. Net Loss for the year was (5.27 M) with profit before overhead, payroll, taxes, and interest of 87.51 M.
Dave Inc currently holds about 223.88 M in cash with (2.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.59, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 40.0% of the company shares are held by company insiders
Latest headline from MacroaxisInsider: Sale by Kyle Beilman of 43822 shares of Dave

Dave Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Dave Stock often depends not only on the future outlook of the current and potential Dave's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Dave's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding372000732.00
DescriptionDave Inc. provides a suite of financial products and services through its financial service online platform. The company offers Insights, a personal financial management tool to manage income and expenses between paychecks for members ExtraCash, a free overdraft and short-term credit alternative, which allows members to advance funds to their account and a
Cash And Short Term Investments79785.00

Dave Technical Analysis

Dave's future price can be derived by breaking down and analyzing its technical indicators over time. Dave Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dave Inc. In general, you should focus on analyzing Dave Stock price patterns and their correlations with different microeconomic environments and drivers.

Dave Predictive Forecast Models

Dave time-series forecasting models is one of many Dave's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Dave's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Dave Inc

Checking the ongoing alerts about Dave for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dave Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Dave Inc generated a negative expected return over the last 90 days
Dave Inc has high historical volatility and very poor performance
Dave Inc has some characteristics of a very speculative penny stock
The company reported the previous year's revenue of 153 M. Net Loss for the year was (5.27 M) with profit before overhead, payroll, taxes, and interest of 87.51 M.
Dave Inc currently holds about 223.88 M in cash with (2.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.59, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 40.0% of the company shares are held by company insiders
Latest headline from MacroaxisInsider: Sale by Kyle Beilman of 43822 shares of Dave
Continue to Dave Backtesting, Dave Valuation, Dave Correlation, Dave Hype Analysis, Dave Volatility, Dave History as well as Dave Performance. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Dave Inc 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 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.
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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.
Market Capitalization
131.9 M
Quarterly Revenue Growth YOY
0.413
Return On Assets
(0.34) 
Return On Equity
(1.39) 
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 Dave value 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.