Driven Brands Holdings Etf Last Dividend Paid
DRVN Etf | USD 16.69 0.59 3.66% |
Driven Brands Holdings fundamentals help investors to digest information that contributes to Driven Brands' financial success or failures. It also enables traders to predict the movement of Driven Etf. The fundamental analysis module provides a way to measure Driven Brands' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Driven Brands etf.
Driven |
Driven Brands Holdings ETF Last Dividend Paid Analysis
Driven Brands' Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
More About Last Dividend Paid | All Equity Analysis
Last Dividend | = | Last Profit Distribution AmountTotal Shares |
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
Competition |
Based on the recorded statements, Driven Brands Holdings has a Last Dividend Paid of 0.0. This indicator is about the same for the Commercial Services & Supplies average (which is currently at 0.0) family and about the same as Industrials (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Driven Last Dividend Paid Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Driven Brands' direct or indirect competition against its Last Dividend Paid to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Driven Brands could also be used in its relative valuation, which is a method of valuing Driven Brands by comparing valuation metrics of similar companies.Driven Brands is currently under evaluation in last dividend paid as compared to similar ETFs.
Driven Fundamentals
Return On Equity | 0.0069 | ||||
Return On Asset | 0.0325 | ||||
Profit Margin | 0 % | ||||
Operating Margin | 0.11 % | ||||
Current Valuation | 6.61 B | ||||
Shares Outstanding | 164.11 M | ||||
Shares Owned By Insiders | 2.49 % | ||||
Shares Owned By Institutions | 81.51 % | ||||
Number Of Shares Shorted | 8.92 M | ||||
Price To Earning | 118.01 X | ||||
Price To Book | 2.84 X | ||||
Price To Sales | 1.18 X | ||||
Revenue | 2.3 B | ||||
Gross Profit | 879.52 M | ||||
EBITDA | (508.16 M) | ||||
Net Income | (729.29 M) | ||||
Cash And Equivalents | 190.37 M | ||||
Cash Per Share | 1.17 X | ||||
Total Debt | 4.35 B | ||||
Debt To Equity | 2.37 % | ||||
Current Ratio | 1.11 X | ||||
Book Value Per Share | 5.87 X | ||||
Cash Flow From Operations | 235.17 M | ||||
Short Ratio | 13.31 X | ||||
Price To Earnings To Growth | 1.37 X | ||||
Target Price | 18.41 | ||||
Number Of Employees | 10.6 K | ||||
Beta | 1.12 | ||||
Market Capitalization | 2.74 B | ||||
Total Asset | 5.91 B | ||||
Retained Earnings | (710.09 M) | ||||
Working Capital | 393.94 M | ||||
Net Asset | 5.91 B |
About Driven Brands Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Driven Brands Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Driven Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Driven Brands Holdings based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Driven Brands
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Driven Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Driven Brands will appreciate offsetting losses from the drop in the long position's value.Moving together with Driven Etf
0.88 | G | Genpact Limited | PairCorr |
0.74 | BR | Broadridge Financial | PairCorr |
0.61 | BV | BrightView Holdings | PairCorr |
Moving against Driven Etf
0.74 | VCIG | VCI Global Limited | PairCorr |
0.73 | MG | Mistras Group | PairCorr |
0.64 | VLTO | Veralto | PairCorr |
0.48 | FA | First Advantage Corp | PairCorr |
0.46 | FC | Franklin Covey | PairCorr |
The ability to find closely correlated positions to Driven Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Driven Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Driven Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Driven Brands Holdings to buy it.
The correlation of Driven Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Driven Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Driven Brands Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Driven Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.