Dave Inc Stock Price Prediction

DAVE Stock  USD 25.40  2.04  8.73%   
The relative strength indicator of Dave's stock price is about 68 suggesting that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling a stock, making its price go up or down.

Oversold Vs Overbought

68

 
Oversold
 
Overbought
Dave Inc stock price prediction is an act of determining the future value of Dave shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Dave's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Dave and does not consider all of the tangible or intangible factors available from Dave's fundamental data. We analyze noise-free headlines and recent hype associated with Dave Inc, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Dave's stock price prediction:
Wall Street Target Price
6.85
Quarterly Revenue Growth
0.159
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Dave based on different types of headlines from major news networks to social media. The Dave stock price prediction module provides an analysis of price elasticity to changes in media outlook on Dave over a specific investment horizon. Using Dave hype-based prediction, you can estimate the value of Dave Inc from the perspective of Dave response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in Dave. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Dave to buy its stock at a price that has no basis in reality. In that case, they are not buying Dave because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Dave after-hype prediction price

    
  USD 36.48  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Dave Basic Forecasting Models to cross-verify your projections.
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.
Intrinsic
Valuation
LowRealHigh
8.4515.1727.94
Details
0 Analysts
Consensus
LowTargetHigh
6.236.857.60
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
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 toward taking a position in Dave Inc.

Dave After-Hype Price Prediction Density Analysis

As far as predicting the price of Dave at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Dave or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Dave, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Dave Estimiated After-Hype Price Volatility

In the context of predicting Dave's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Dave's historical news coverage. Dave's after-hype downside and upside margins for the prediction period are 22.86 and 43.20, respectively. We have considered Dave's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
25.40
36.48
After-hype Price
43.20
Upside
Dave is moderately volatile at this time. Analysis and calculation of next after-hype price of Dave Inc is based on 3 months time horizon.

Dave Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Dave is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dave backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Dave, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  2.64 
6.72
  11.54 
  0.32 
11 Events / Month
2 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
25.40
36.34
43.09 
153.78  
Notes

Dave Hype Timeline

Dave Inc is currently traded for 25.40. The entity has historical hype elasticity of 11.54 and average elasticity to hype of competition of 0.32. Dave is anticipated to increase in value after the next headline with the price projected to jump to 36.343999999999994 or above. The average volatility of media hype impact on the company stock price is about 153.78%. The price growth on the next news is projected to be 43.09% whereas the daily expected return is currently at 2.64%. The volatility of related hype on Dave is about 5485.71% with expected price after next announcement by competition of 25.72. The company currently holds 178.15 M in liabilities with Debt to Equity (D/E) ratio of 1.36, which is about average as compared to similar companies. Dave Inc has a current ratio of 5.0, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Dave until it has trouble settling it off, either with new capital or with free cash flow. So, Dave's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dave Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dave to invest in growth at high rates of return. When we think about Dave's use of debt, we should always consider it together with cash and equity.Given the investment horizon of 90 days the next anticipated press release will be in about 11 days.
Check out Dave Basic Forecasting Models to cross-verify your projections.

Dave Related Hype Analysis

Having access to credible news sources related to Dave's direct competition is more important than ever and may enhance your ability to predict Dave's future price movements. Getting to know how Dave rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Dave may potentially react to the hype associated with one of its peers.

Dave Additional Predictive Modules

Most predictive techniques to examine Dave price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Dave using various technical indicators. When you analyze Dave charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Dave Predictive Indicators

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 analysis of 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.
 2023 2024 (projected)
Long Term Debt to Equity0.780.71
Interest Coverage14.5315.68

Story Coverage note for Dave

The number of cover stories for Dave depends on current market conditions and Dave's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Dave is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Dave's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Dave Short Properties

Dave's future price predictability will typically decrease when Dave's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Dave Inc often depends not only on the future outlook of the 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 Outstanding11.6 M
Cash And Short Term Investments192 M
When determining whether Dave Inc is a strong investment it is important to analyze Dave's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dave's future performance. For an informed investment choice regarding Dave Stock, refer to the following important reports:
Check out Dave Basic Forecasting Models to cross-verify your projections.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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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
(5.90)
Revenue Per Share
20.713
Quarterly Revenue Growth
0.159
Return On Assets
(0.13)
Return On Equity
(0.69)
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.