Driveitaway Stock Probability of Future Pink Sheet Price Finishing Under 0.0275
| DWAY Stock | USD 0.02 0.0003 1.52% |
DriveItAway |
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 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 Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of DriveItAway Pink Sheet often depends not only on the future outlook of the current and potential DriveItAway's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. DriveItAway's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 106.6 M |
DriveItAway Technical Analysis
DriveItAway's future price can be derived by breaking down and analyzing its technical indicators over time. DriveItAway Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DriveItAway. In general, you should focus on analyzing DriveItAway Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
DriveItAway Predictive Forecast Models
DriveItAway's time-series forecasting models is one of many DriveItAway's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This 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 pink sheet market movement and maximize returns from investment trading.
Things to note about DriveItAway
Checking the ongoing alerts about DriveItAway for important developments is a great way to find new opportunities for your next move. Our stock 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 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 |
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.