Dave Busters Stock Forecast - Triple Exponential Smoothing

PLAY Stock  USD 24.07  0.76  3.06%   
The Triple Exponential Smoothing forecasted value of Dave Busters Entertainment on the next trading day is expected to be 23.59 with a mean absolute deviation of 1.16 and the sum of the absolute errors of 68.68. Dave Stock Forecast is based on your current time horizon.
  
Payables Turnover is likely to rise to 3.66 in 2025, whereas Inventory Turnover is likely to drop 2.99 in 2025. . Net Income Applicable To Common Shares is likely to rise to about 165.6 M in 2025, whereas Common Stock Shares Outstanding is likely to drop slightly above 45.6 M in 2025.

Open Interest Against 2025-04-17 Dave Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Dave Busters' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Dave Busters' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Dave Busters stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Dave Busters' open interest, investors have to compare it to Dave Busters' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Dave Busters is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Dave. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Triple exponential smoothing for Dave Busters - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Dave Busters prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Dave Busters price movement. However, neither of these exponential smoothing models address any seasonality of Dave Busters Enterta.

Dave Busters Triple Exponential Smoothing Price Forecast For the 19th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Dave Busters Entertainment on the next trading day is expected to be 23.59 with a mean absolute deviation of 1.16, mean absolute percentage error of 2.79, and the sum of the absolute errors of 68.68.
Please note that although there have been many attempts to predict Dave Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Dave Busters' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dave Busters Stock Forecast Pattern

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Dave Busters Forecasted Value

In the context of forecasting Dave Busters' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Dave Busters' downside and upside margins for the forecasting period are 18.79 and 28.39, respectively. We have considered Dave Busters' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
24.07
23.59
Expected Value
28.39
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Dave Busters stock data series using in forecasting. Note that when a statistical model is used to represent Dave Busters stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.3105
MADMean absolute deviation1.1641
MAPEMean absolute percentage error0.0358
SAESum of the absolute errors68.68
As with simple exponential smoothing, in triple exponential smoothing models past Dave Busters observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Dave Busters Entertainment observations.

Predictive Modules for Dave Busters

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dave Busters Enterta. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
18.6923.4928.29
Details
Intrinsic
Valuation
LowRealHigh
23.1327.9332.73
Details
10 Analysts
Consensus
LowTargetHigh
36.1439.7144.08
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.580.640.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dave Busters. Your research has to be compared to or analyzed against Dave Busters' peers to derive any actionable benefits. When done correctly, Dave Busters' 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 Busters Enterta.

Other Forecasting Options for Dave Busters

For every potential investor in Dave, whether a beginner or expert, Dave Busters' 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 Busters' price trends.

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 Risk & Return  Correlation

Dave Busters Enterta 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 Busters' 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 Busters' current price.

Dave Busters Market Strength Events

Market strength indicators help investors to evaluate how Dave Busters 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 Busters shares will generate the highest return on investment. By undertsting and applying Dave Busters stock market strength indicators, traders can identify Dave Busters Entertainment entry and exit signals to maximize returns.

Dave Busters Risk Indicators

The analysis of Dave Busters' 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 Busters' 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.

Additional Tools for Dave Stock Analysis

When running Dave Busters' price analysis, check to measure Dave Busters' 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 Busters is operating at the current time. Most of Dave Busters' value examination focuses on studying past and present price action to predict the probability of Dave Busters' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dave Busters' price. Additionally, you may evaluate how the addition of Dave Busters to your portfolios can decrease your overall portfolio volatility.