Dave Inc Stock Alpha and Beta Analysis

DAVE Stock  USD 34.11  0.21  0.62%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Dave Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Dave over a specified time horizon. Remember, high Dave's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Dave's market risk premium analysis include:
Beta
(0.12)
Alpha
2.3
Risk
10.51
Sharpe Ratio
0.17
Expected Return
1.78
Please note that although Dave alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Dave did 2.30  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Dave Inc stock's relative risk over its benchmark. Dave Inc has a beta of 0.12  . As returns on the market increase, returns on owning Dave are expected to decrease at a much lower rate. During the bear market, Dave is likely to outperform the market. The current year's Book Value Per Share is expected to grow to 7.66, whereas Tangible Book Value Per Share is forecasted to decline to 4.14.

Enterprise Value

227.68 Million

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Dave Backtesting, Dave Valuation, Dave Correlation, Dave Hype Analysis, Dave Volatility, Dave History and analyze Dave Performance.

Dave Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Dave market risk premium is the additional return an investor will receive from holding Dave long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Dave. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Dave's performance over market.
α2.30   β-0.12

Dave expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Dave's Buy-and-hold return. Our buy-and-hold chart shows how Dave performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Dave Market Price Analysis

Market price analysis 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 understating and applying Dave stock market price indicators, traders can identify Dave position entry and exit signals to maximize returns.

Dave Return and Market Media

The median price of Dave for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 26.19 with a coefficient of variation of 31.92. The daily time series for the period is distributed with a sample standard deviation of 8.85, arithmetic mean of 27.73, and mean deviation of 8.06. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
CRAIG WILLIAMS CHALLENGES DAVE SUNDAY TO A SERIES OF 10 DEBATES AROUND PA
02/23/2024
2
Dave Full Year 2023 Earnings US4.02 loss per share
03/06/2024
3
Dave Inc. Soars 43 percent But Its A Story Of Risk Vs Reward
03/07/2024
4
Director Dan Preston Sells 12,000 Shares of Dave Inc
03/08/2024
5
Disposition of 2400 shares by Jason Wilk of Dave at 33.26 subject to Rule 16b-3
03/14/2024
6
Acquisition by Paul Charles S of 772000 shares of Dave subject to Rule 16b-3
03/18/2024
7
Dave Busters director Sheehan sells over 4.9 million in stock - Investing.com India
04/05/2024
8
Dave Busters Entertainment Inc. stock underperforms Friday when compared to competitors - MarketWatch
04/12/2024
9
Acquisition by David Kanen of 40000 shares of Dave at 4.81 subject to Rule 16b-3
04/16/2024
10
Socure Releases Multi-Layered AI Defense System That Defeats Deepfakes and Other Identity Fraud in Under Two Seconds
04/18/2024

About Dave Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Dave or other stocks. Alpha measures the amount that position in Dave Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 2023 2024 (projected)
Payables Turnover1.82.7922.5823.71
Days Of Inventory On Hand229.059.5110.9310.39

Dave Upcoming Company Events

As portrayed in its financial statements, the presentation of Dave's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dave's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Dave's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Dave. Please utilize our Beneish M Score to check the likelihood of Dave's management manipulating its earnings.
11th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Build Portfolio with Dave

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 Backtesting, Dave Valuation, Dave Correlation, Dave Hype Analysis, Dave Volatility, Dave History and analyze Dave Performance.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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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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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...