The company's average rating is Strong Buy from 1 analysts.
We provide trade advice to complement the prevailing
expert consensus on Dave Inc. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time.
About
94.0% of the company shares are held by institutions such as insurance companies. Dave Inc has price-to-book (P/B) ratio of 1.83. Some equities with similar Price to Book (P/B) outperform the market in the long run. The entity has Price/Earnings To Growth (PEG) ratio of 1.37. The firm had not issued any dividends in recent years.
The successful prediction of Dave
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Dave Inc, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Dave based on Dave hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Dave's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Dave's related companies.
Use Technical Analysis to project Dave expected Price
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.
A focus of Dave technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dave trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Dave Gross Profit
Dave Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Dave previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Dave Gross Profit growth over the last 10 years. Please check Dave's
gross profit and other
fundamental indicators for more details.
Another angle On Dave
Dave Inc reported the previous year's revenue of 147.3
M. Net Loss for the year was (19.19
M) with profit before overhead, payroll, taxes, and interest of 100.15
M.
| 2017 | 2018 | 2021 | 2022 (projected) |
Receivables | 3.77 M | 4.38 M | 3.39 M | 3.49 M | Inventories | 633 K | 1.35 M | 727.95 K | 747.11 K |
Cost of Revenue Breakdown
Dave Cost of Revenue is increasing over the years with slightly volatile fluctuation. Cost of Revenue is expected to dwindle to about 52.3
M. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Dave Cost of Revenue is projected to increase significantly based on the last few years of reporting. The past year's Cost of Revenue was at 54.26 Million
| 2010 | 34.9 Million |
| 2020 | 47.19 Million |
| 2021 | 54.26 Million |
| 2022 | 52.32 Million |
Will Dave continue to go ballistic?
Dave latest downside deviation ascents over 7.86. Dave Inc is displaying above-average volatility over the selected time horizon. Investors should scrutinize Dave Inc independently to ensure intended market timing strategies are aligned with expectations about Dave volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dave's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dave's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Dave Implied Volatility
Dave's implied volatility exposes the market's sentiment of Dave Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dave's 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 stock will not fluctuate a lot when Dave's options are near their expiration.
Our Final Take On Dave
Although some firms in the software—application industry are either recovering or due for a correction, Dave may not be as strong as the others in terms of longer-term growth potentials. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither take in nor short any shares of Dave at this time. The Dave Inc risk-reward trade off is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Dave.
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Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Dave Inc. Please refer to our
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