Driven Brands Holdings Etf Price on August 12, 2024
| DRVN Etf | USD 16.69 0.59 3.66% |
Below is the normalized historical share price chart for Driven Brands Holdings extending back to June 02, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Driven Brands stands at 16.69, as last reported on the 25th of November, with the highest price reaching 16.75 and the lowest price hitting 16.12 during the day.
If you're considering investing in Driven Etf, it is important to understand the factors that can impact its price. Driven Brands appears to be not too volatile, given 3 months investment horizon. Driven Brands Holdings secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the etf had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Driven Brands Holdings, which you can use to evaluate the volatility of the entity. Please utilize Driven Brands' Downside Deviation of 2.16, mean deviation of 1.65, and Coefficient Of Variation of 755.75 to check if our risk estimates are consistent with your expectations.
Driven Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of January 2021 | 200 Day MA 13.7393 | 50 Day MA 14.973 | Beta 1.118 |
Driven |
Sharpe Ratio = 0.1421
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Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Driven Brands is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Driven Brands by adding it to a well-diversified portfolio.
Price Book 2.8449 | Enterprise Value Ebitda 16.4939 | Price Sales 1.176 | Shares Float 58.7 M | Wall Street Target Price 18.4091 |
Related Headline
Penske Automotive Headline on 12th of August 2024
Filed transaction by Penske Automotive Group Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Driven Brands Valuation on August 12, 2024
It is possible to determine the worth of Driven Brands on a given historical date. On August 12, 2024 Driven was worth 13.48 at the beginning of the trading date compared to the closed value of 12.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Driven Brands etf. Still, in general, we apply an absolute valuation method to find Driven Brands' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Driven Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Driven Brands' related companies.
| Open | High | Low | Close | Volume | |
| 13.12 | 13.59 | 13.07 | 13.52 | 521,459 | |
08/12/2024 | 13.48 | 13.51 | 12.92 | 12.99 | 653,258 |
| 13.05 | 13.23 | 12.94 | 13.22 | 604,483 |
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Driven Brands Trading Date Momentum on August 12, 2024
| On August 13 2024 Driven Brands Holdings was traded for 13.22 at the closing time. The top price for the day was 13.23 and the lowest listed price was 12.94 . The trading volume for the day was 604.5 K. The trading history from August 13, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 1.77% . The overall trading delta against the current closing price is 8.62% . |
Driven Brands Holdings Fundamentals Correlations and Trends
By evaluating Driven Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Driven Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Driven financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Driven Brands Etf history
Driven Brands investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Driven is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Driven Brands Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Driven Brands stock prices may prove useful in developing a viable investing in Driven Brands
Driven Brands Holdings Inc., together with its subsidiaries, provides automotive services to retail and commercial customers in the United States, Canada, and internationally. Driven Brands is listed under Auto Truck Dealerships in the United States and is traded on NASDAQ Exchange exchange.
Driven Brands Quarterly Net Working Capital |
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Driven Brands Etf Technical Analysis
Driven Brands technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Driven Brands Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
Driven Brands Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Driven Brands November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Driven Brands etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Driven Brands shares will generate the highest return on investment. By undertsting and applying Driven Brands etf market strength indicators, traders can identify Driven Brands Holdings entry and exit signals to maximize returns
Driven Brands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Driven Brands' price direction in advance. Along with the technical and fundamental analysis of Driven Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Driven to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1079 | |||
| Jensen Alpha | 0.1034 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0721 | |||
| Treynor Ratio | 0.193 |
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Other Information on Investing in Driven Etf
Driven Brands financial ratios help investors to determine whether Driven Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Driven with respect to the benefits of owning Driven Brands security.