Dave Inc Stock Price on May 27, 2022
| DAVE Stock | USD 41.87 5.65 15.60% |
If you're considering investing in Dave Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dave stands at 41.87, as last reported on the 23rd of April, with the highest price reaching 42.83 and the lowest price hitting 37.90 during the day. Dave is risky given 3 months investment horizon. Dave Inc secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.84% are justified by taking the suggested risk. Use Dave Coefficient Of Variation of 491.58, mean deviation of 6.34, and Downside Deviation of 5.61 to evaluate company specific risk that cannot be diversified away.
At present, Dave's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. . At present, Dave's Price To Operating Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 4.18, whereas Price Earnings Ratio is projected to grow to (1.96). Dave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dave |
Sharpe Ratio = 0.1736
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Estimated Market Risk
| 10.59 actual daily | 93 93% of assets are less volatile |
Expected Return
| 1.84 actual daily | 36 64% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Dave is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dave by adding it to a well-diversified portfolio.
Price Book 4.871 | Enterprise Value Ebitda (14.46) | Price Sales 1.6354 | Shares Float 7 M | Wall Street Target Price 6.85 |
Dave Valuation on May 27, 2022
It is possible to determine the worth of Dave on a given historical date. On May 27, 2022 Dave was worth 74.24 at the beginning of the trading date compared to the closed value of 73.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dave stock. Still, in general, we apply an absolute valuation method to find Dave's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dave where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dave's related companies.
| Open | High | Low | Close | Volume | |
| 72.96 | 75.84 | 69.76 | 73.28 | 19,512 | |
05/27/2022 | 74.24 | 78.08 | 70.40 | 73.92 | 25,076 |
| 75.20 | 75.52 | 72.32 | 73.28 | 16,185 |
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Dave Trading Date Momentum on May 27, 2022
| On May 31 2022 Dave Inc was traded for 73.28 at the closing time. The top price for the day was 75.52 and the lowest listed price was 72.32 . The trading volume for the day was 16.2 K. The trading history from May 31, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.87% . The overall trading delta against the current closing price is 9.96% . |
Dave Inc Fundamentals Correlations and Trends
By evaluating Dave's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dave's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dave financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dave Stock history
Dave investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dave Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dave stock prices may prove useful in developing a viable investing in Dave
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 11.9 M | 12.7 M | |
| Net Loss | -116 M | -110.2 M |
Dave Stock Technical Analysis
Dave technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Dave Period Price Range
Low | May 27, 2022
| High |
74.24 | 73.92 |
Dave April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Dave 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 shares will generate the highest return on investment. By undertsting and applying Dave stock market strength indicators, traders can identify Dave Inc entry and exit signals to maximize returns
| Accumulation Distribution | 2466.49 | |||
| Daily Balance Of Power | (0.04) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 74.24 | |||
| Day Typical Price | 74.13 | |||
| Market Facilitation Index | 3.0E-4 | |||
| Price Action Indicator | (0.48) | |||
| Period Momentum Indicator | (32.05) | |||
| Relative Strength Index | 54.77 |
Dave Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dave's price direction in advance. Along with the technical and fundamental analysis of Dave Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dave to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1347 | |||
| Jensen Alpha | 2.16 | |||
| Total Risk Alpha | 0.7787 | |||
| Sortino Ratio | 0.3666 | |||
| Treynor Ratio | (8.64) |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dave Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.
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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.
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.