Driven Brands Holdings Etf Performance
| DRVN Etf | USD 16.69 0.59 3.66% |
The etf shows a Beta (market volatility) of 1.43, 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, Driven Brands will likely underperform.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Driven Brands Holdings are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very fragile basic indicators, Driven Brands displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Disposition of 898 shares by Daniel Rivera of Driven Brands at 27.93 subject to Rule 16b-3 | 09/09/2024 |
2 | Walk-Ons Sports Bistreaux names third CEO in 2 years | 09/16/2024 |
3 | Driven Brands Holdings Inc Trading 2.69 percent Higher on Oct 16 | 10/16/2024 |
4 | Driven Brands Holdings Hasnt Managed To Accelerate Its Returns | 10/23/2024 |
5 | Compared to Estimates, Driven Brands Holdings Q3 Earnings A Look at Key Metrics | 10/31/2024 |
6 | Driven Brands Holdings Inc. Q3 2024 Earnings Call Transcript | 11/04/2024 |
7 | Stifel maintains Buy on Driven Brands, target steady at 20 | 11/06/2024 |
8 | HG Vora Capital Managements Strategic Acquisition of ModivCare Inc Shares | 11/15/2024 |
9 | Driven Brands to Participate in the Morgan Stanley Global Consumer Retail Conference | 11/20/2024 |
10 | Driven Brands Holdings Inc Shares Up 3.57 percent on Nov 22 | 11/22/2024 |
| Begin Period Cash Flow | 260.8 M |
Driven |
Driven Brands Relative Risk vs. Return Landscape
If you would invest 1,401 in Driven Brands Holdings on August 27, 2024 and sell it today you would earn a total of 268.00 from holding Driven Brands Holdings or generate 19.13% return on investment over 90 days. Driven Brands Holdings is currently generating 0.2949% in daily expected returns and assumes 2.0755% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of etfs are less volatile than Driven, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Driven Brands Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Driven Brands' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Driven Brands Holdings, and traders can use it to determine the average amount a Driven Brands' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
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.
Driven Brands Fundamentals Growth
Driven Etf prices reflect investors' perceptions of the future prospects and financial health of Driven Brands, and Driven Brands fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Driven Etf performance.
| 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 | ||||
| Price To Earning | 118.01 X | ||||
| Price To Book | 2.84 X | ||||
| Price To Sales | 1.18 X | ||||
| Revenue | 2.3 B | ||||
| EBITDA | (508.16 M) | ||||
| Cash And Equivalents | 190.37 M | ||||
| Cash Per Share | 1.17 X | ||||
| Total Debt | 4.35 B | ||||
| Debt To Equity | 2.37 % | ||||
| Book Value Per Share | 5.87 X | ||||
| Cash Flow From Operations | 235.17 M | ||||
| Total Asset | 5.91 B | ||||
| Retained Earnings | (710.09 M) | ||||
About Driven Brands Performance
By examining Driven Brands' fundamental ratios, stakeholders can obtain critical insights into Driven Brands' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Driven Brands is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.| The company reported the previous year's revenue of 2.3 B. Net Loss for the year was (729.29 M) with profit before overhead, payroll, taxes, and interest of 879.52 M. | |
| Over 82.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Driven Brands Holdings Inc Shares Up 3.57 percent on Nov 22 | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
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.