Dave Stock Forecast - Daily Balance Of Power

DAVE Stock  USD 87.84  1.12  1.29%   
Dave Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dave stock prices and determine the direction of Dave Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Dave's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Inventory Turnover is expected to grow to 36.28. The current year's Payables Turnover is expected to grow to 23.71. The current year's Common Stock Shares Outstanding is expected to grow to about 12.7 M, whereas Net Loss is projected to grow to (110.2 M).
On December 13, 2024 Dave Inc had Daily Balance Of Power of 0.6078. Balance of Power indicator (or BOP) measures the strength of Dave Inc market sensitivity to bulls and bears. It estimates the ability of Dave buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Dave Balance of Power indicator one can determine a trend of the price direction.
Check Dave VolatilityBacktest DaveTrend Details  

Dave Trading Date Momentum

On December 16 2024 Dave Inc was traded for  102.04  at the closing time. The top price for the day was 103.95  and the lowest listed price was  90.72 . The trading volume for the day was 567.9 K. The trading history from December 16, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 11.28% . The overall trading delta against the current closing price is 15.16% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Dave to competition

Other Forecasting Options for Dave

For every potential investor in Dave, whether a beginner or expert, Dave's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dave Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dave. Basic forecasting techniques help filter out the noise by identifying Dave's price trends.

View Dave Related Equities

 Risk & Return  Correlation

Dave Inc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Dave's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Dave's current price.

Dave Market Strength Events

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.

Dave Risk Indicators

The analysis of Dave's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Dave's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dave stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Historical Fundamental Analysis of Dave to cross-verify your projections.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Application Software space 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
3.05
Revenue Per Share
25.882
Quarterly Revenue Growth
0.405
Return On Assets
0.034
Return On Equity
0.351
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.