Driveitaway Stock Performance
| DWAY Stock | USD 0.04 0.0004 1.11% |
On a scale of 0 to 100, DriveItAway holds a performance score of 1. The firm shows a Beta (market volatility) of -2.37, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning DriveItAway are expected to decrease by larger amounts. On the other hand, during market turmoil, DriveItAway is expected to outperform it. Please check DriveItAway's sortino ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether DriveItAway's price patterns will revert.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in DriveItAway are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, DriveItAway showed solid returns over the last few months and may actually be approaching a breakup point. ...more
DriveItAway |
DriveItAway Relative Risk vs. Return Landscape
If you would invest 4.90 in DriveItAway on November 7, 2025 and sell it today you would lose (1.26) from holding DriveItAway or give up 25.71% of portfolio value over 90 days. DriveItAway is currently generating 0.3133% in daily expected returns and assumes 12.7756% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than DriveItAway, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
DriveItAway Target Price Odds to finish over Current Price
The tendency of DriveItAway Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.04 | 90 days | 0.04 | about 86.08 |
Based on a normal probability distribution, the odds of DriveItAway to move above the current price in 90 days from now is about 86.08 (This DriveItAway probability density function shows the probability of DriveItAway Pink Sheet to fall within a particular range of prices over 90 days) .
DriveItAway Price Density |
| Price |
Predictive Modules for DriveItAway
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DriveItAway. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.DriveItAway Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DriveItAway is not an exception. The market had few large corrections towards the DriveItAway's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold DriveItAway, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DriveItAway within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.14 | |
β | Beta against Dow Jones | -2.37 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.06 |
DriveItAway Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of DriveItAway for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DriveItAway can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DriveItAway had very high historical volatility over the last 90 days | |
| DriveItAway has some characteristics of a very speculative penny stock | |
| DriveItAway has a very high chance of going through financial distress in the upcoming years | |
| DriveItAway currently holds 292.2 K in liabilities with Debt to Equity (D/E) ratio of 1.87, which is about average as compared to similar companies. DriveItAway has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist DriveItAway until it has trouble settling it off, either with new capital or with free cash flow. So, DriveItAway's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DriveItAway sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DriveItAway to invest in growth at high rates of return. When we think about DriveItAway's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 55.51 K. Net Loss for the year was (1.48 M) with profit before overhead, payroll, taxes, and interest of 16.61 K. | |
| DriveItAway currently holds about 389.66 K in cash with (827.61 K) of positive cash flow from operations. | |
| Roughly 79.0% of DriveItAway shares are held by company insiders |
DriveItAway Fundamentals Growth
DriveItAway Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of DriveItAway, and DriveItAway 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 DriveItAway Pink Sheet performance.
| Return On Asset | -4.57 | |||
| Operating Margin | (21.35) % | |||
| Current Valuation | 4.94 M | |||
| Shares Outstanding | 106.55 M | |||
| Price To Book | 4.02 X | |||
| Price To Sales | 145.91 X | |||
| Revenue | 55.51 K | |||
| EBITDA | (716.73 K) | |||
| Cash And Equivalents | 389.66 K | |||
| Total Debt | 292.2 K | |||
| Debt To Equity | 1.87 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (827.61 K) | |||
| Total Asset | 293.12 K | |||
About DriveItAway Performance
Evaluating DriveItAway's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if DriveItAway has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if DriveItAway has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
DriveItAway Inc. develops and offers a cloud platformconsumer application that enables dealers to sell vehicles through eCommerce, with its Pay as You Go app-based subscription program. The company was founded in 2017 and is based in Haddonfield, New Jersey. Driveitaway Hldgs is traded on OTC Exchange in the United States.Things to note about DriveItAway performance evaluation
Checking the ongoing alerts about DriveItAway for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for DriveItAway help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| DriveItAway had very high historical volatility over the last 90 days | |
| DriveItAway has some characteristics of a very speculative penny stock | |
| DriveItAway has a very high chance of going through financial distress in the upcoming years | |
| DriveItAway currently holds 292.2 K in liabilities with Debt to Equity (D/E) ratio of 1.87, which is about average as compared to similar companies. DriveItAway has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist DriveItAway until it has trouble settling it off, either with new capital or with free cash flow. So, DriveItAway's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DriveItAway sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DriveItAway to invest in growth at high rates of return. When we think about DriveItAway's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 55.51 K. Net Loss for the year was (1.48 M) with profit before overhead, payroll, taxes, and interest of 16.61 K. | |
| DriveItAway currently holds about 389.66 K in cash with (827.61 K) of positive cash flow from operations. | |
| Roughly 79.0% of DriveItAway shares are held by company insiders |
- Analyzing DriveItAway's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether DriveItAway's stock is overvalued or undervalued compared to its peers.
- Examining DriveItAway's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating DriveItAway's management team can have a significant impact on its success or failure. Reviewing the track record and experience of DriveItAway's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of DriveItAway's pink sheet. These opinions can provide insight into DriveItAway's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for DriveItAway Pink Sheet Analysis
When running DriveItAway's price analysis, check to measure DriveItAway's 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 DriveItAway is operating at the current time. Most of DriveItAway's value examination focuses on studying past and present price action to predict the probability of DriveItAway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DriveItAway's price. Additionally, you may evaluate how the addition of DriveItAway to your portfolios can decrease your overall portfolio volatility.