Dave Busters (Germany) Market Value
| 9DB Stock | EUR 35.60 1.40 4.09% |
| Symbol | Dave |
Dave Busters '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 Busters' 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 Busters.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Dave Busters on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Dave Busters Entertainment or generate 0.0% return on investment in Dave Busters over 30 days. Dave Busters is related to or competes with CVS Health, Bumrungrad Hospital, Gamma Communications, United Rentals, Charter Communications, COMBA TELECOM, and National Health. Dave Busters Entertainment, Inc. owns and operates entertainment and dining venues for adults and families More
Dave Busters 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 Busters' 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 Busters Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.31 | |||
| Information Ratio | 0.078 | |||
| Maximum Drawdown | 18.54 | |||
| Value At Risk | (4.73) | |||
| Potential Upside | 7.69 |
Dave Busters Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dave Busters' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dave Busters' standard deviation. In reality, there are many statistical measures that can use Dave Busters historical prices to predict the future Dave Busters' volatility.| Risk Adjusted Performance | 0.0952 | |||
| Jensen Alpha | 0.4185 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0899 | |||
| Treynor Ratio | 7.83 |
Dave Busters Enterta Backtested Returns
Dave Busters appears to be not too volatile, given 3 months investment horizon. Dave Busters Enterta secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dave Busters Entertainment, which you can use to evaluate the volatility of the firm. Please utilize Dave Busters' Coefficient Of Variation of 876.63, mean deviation of 2.97, and Downside Deviation of 3.31 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dave Busters holds a performance score of 8. The firm shows a Beta (market volatility) of 0.0543, which means not very significant fluctuations relative to the market. As returns on the market increase, Dave Busters' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dave Busters is expected to be smaller as well. Please check Dave Busters' jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Dave Busters' price patterns will revert.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Dave Busters Entertainment has insignificant reverse predictability. Overlapping area represents the amount of predictability between Dave Busters time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Busters Enterta price movement. The serial correlation of -0.19 indicates that over 19.0% of current Dave Busters price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 2.93 |
Dave Busters Enterta lagged returns against current returns
Autocorrelation, which is Dave Busters 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 Busters' stock expected returns. We can calculate the autocorrelation of Dave Busters returns to help us make a trade decision. For example, suppose you find that Dave Busters 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 Busters 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 Busters stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dave Busters stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dave Busters stock over time.
Current vs Lagged Prices |
| Timeline |
Dave Busters Lagged Returns
When evaluating Dave Busters' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dave Busters stock have on its future price. Dave Busters 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 Busters autocorrelation shows the relationship between Dave Busters stock current value and its past values and can show if there is a momentum factor associated with investing in Dave Busters Entertainment.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Dave Stock
When determining whether Dave Busters Enterta offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dave Busters' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dave Busters Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dave Busters Entertainment Stock:Check out Dave Busters Correlation, Dave Busters Volatility and Dave Busters Alpha and Beta module to complement your research on Dave Busters. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Dave Busters 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.