Dave Warrants Stock Market Value
| DAVEW Stock | USD 0.18 0.01 5.88% |
| Symbol | Dave |
Dave Warrants Price To Book Ratio
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 Warrants. 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 Warrants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.21) | 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 Warrants 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 Warrants' value that differs from its market value or its book value, called intrinsic value, which is Dave Warrants' 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 Warrants' market value can be influenced by many factors that don't directly affect Dave Warrants' 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 Warrants' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dave Warrants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dave Warrants' 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.
Dave Warrants 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Dave Warrants' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Dave Warrants.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Dave Warrants on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Dave Warrants or generate 0.0% return on investment in Dave Warrants over 30 days. Dave Warrants is related to or competes with Grab Holdings. Dave, Inc. engages in the development of a financial management mobile application to prevent bank overdrafts More
Dave Warrants Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Dave Warrants' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Dave Warrants upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.34 | |||
| Information Ratio | 0.1629 | |||
| Maximum Drawdown | 219.63 | |||
| Value At Risk | (17.20) | |||
| Potential Upside | 27.68 |
Dave Warrants Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dave Warrants' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dave Warrants' standard deviation. In reality, there are many statistical measures that can use Dave Warrants historical prices to predict the future Dave Warrants' volatility.| Risk Adjusted Performance | 0.1378 | |||
| Jensen Alpha | 3.85 | |||
| Total Risk Alpha | 0.4649 | |||
| Sortino Ratio | 0.3479 | |||
| Treynor Ratio | 0.9036 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dave Warrants' 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.
Dave Warrants Backtested Returns
Dave Warrants is out of control given 3 months investment horizon. Dave Warrants 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 analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.54% are justified by taking the suggested risk. Use Dave Warrants Coefficient Of Variation of 596.64, downside deviation of 12.34, and Mean Deviation of 12.16 to evaluate company specific risk that cannot be diversified away. Dave Warrants holds a performance score of 13 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 4.88, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dave Warrants will likely underperform. Use Dave Warrants potential upside, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Dave Warrants.
Auto-correlation | 0.78 |
Good predictability
Dave Warrants has good predictability. Overlapping area represents the amount of predictability between Dave Warrants time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dave Warrants price movement. The serial correlation of 0.78 indicates that around 78.0% of current Dave Warrants price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dave Warrants lagged returns against current returns
Autocorrelation, which is Dave Warrants stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Dave Warrants' stock expected returns. We can calculate the autocorrelation of Dave Warrants returns to help us make a trade decision. For example, suppose you find that Dave Warrants has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Dave Warrants regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Dave Warrants stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dave Warrants stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dave Warrants stock over time.
Current vs Lagged Prices |
| Timeline |
Dave Warrants Lagged Returns
When evaluating Dave Warrants' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dave Warrants stock have on its future price. Dave Warrants autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Dave Warrants autocorrelation shows the relationship between Dave Warrants stock current value and its past values and can show if there is a momentum factor associated with investing in Dave Warrants.
Regressed Prices |
| Timeline |
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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.Additional Tools for Dave Stock Analysis
When running Dave Warrants' price analysis, check to measure Dave Warrants' 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 Warrants is operating at the current time. Most of Dave Warrants' value examination focuses on studying past and present price action to predict the probability of Dave Warrants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dave Warrants' price. Additionally, you may evaluate how the addition of Dave Warrants to your portfolios can decrease your overall portfolio volatility.