Driveitaway Stock Analysis
| DWAY Stock | USD 0.03 0 3.67% |
DriveItAway is overvalued with Real Value of 0.0277 and Hype Value of 0.03. The main objective of DriveItAway pink sheet analysis is to determine its intrinsic value, which is an estimate of what DriveItAway is worth, separate from its market price. There are two main types of DriveItAway's stock analysis: fundamental analysis and technical analysis.
The DriveItAway pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
DriveItAway |
DriveItAway Pink Sheet Analysis Notes
About 79.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. 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.The quote for DriveItAway is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about DriveItAway call the company at 203 491 4283 or check out https://www.driveitaway.com.DriveItAway Investment Alerts
| DriveItAway generated a negative expected return over the last 90 days | |
| DriveItAway has high historical volatility and very poor performance | |
| 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 Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.13 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DriveItAway's market, we take the total number of its shares issued and multiply it by DriveItAway's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 25th of November, DriveItAway shows the Variance of 224.01, standard deviation of 14.97, and Mean Deviation of 5.66. DriveItAway technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.DriveItAway Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. DriveItAway middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for DriveItAway. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
DriveItAway Predictive Daily Indicators
DriveItAway intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of DriveItAway pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 0.0289 | |||
| Day Typical Price | 0.0289 | |||
| Price Action Indicator | (0.0006) | |||
| Period Momentum Indicator | (0) | |||
| Relative Strength Index | 36.52 |
DriveItAway Forecast Models
DriveItAway's time-series forecasting models are one of many DriveItAway's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary DriveItAway's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About DriveItAway Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how DriveItAway prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling DriveItAway shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as DriveItAway. By using and applying DriveItAway Pink Sheet analysis, traders can create a robust methodology for identifying DriveItAway entry and exit points for their positions.
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.
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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.