Driven Brands Holdings Etf Price on December 31, 2022

DRVN Etf  USD 16.23  0.04  0.25%   
Below is the normalized historical share price chart for Driven Brands Holdings extending back to June 02, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Driven Brands stands at 16.23, as last reported on the 17th of February 2025, with the highest price reaching 16.54 and the lowest price hitting 16.17 during the day.
IPO Date
15th of January 2021
200 Day MA
14.2484
50 Day MA
16.2752
Beta
1.158
 
Yuan Drop
 
Covid
If you're considering investing in Driven Etf, it is important to understand the factors that can impact its price. As of now, Driven Etf is very steady. Driven Brands Holdings secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the etf had a close to zero % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Driven Brands Holdings, which you can use to evaluate the volatility of the entity. Please confirm Driven Brands' Mean Deviation of 1.11, standard deviation of 1.45, and Variance of 2.11 to check if the risk estimate we provide is consistent with the expected return of 5.0E-4%.
  
Driven Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 3.0E-4

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsDRVN

Estimated Market Risk

 1.47
  actual daily
13
87% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Driven Brands is not performing at its full potential. However, 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 Driven Brands to a well-diversified portfolio.
Price Book
2.7665
Enterprise Value Ebitda
16.3055
Price Sales
1.1436
Shares Float
58.9 M
Wall Street Target Price
18.85

Related Headline

Cars Headline on 30th of January 2023

Filed transaction by Carscom Inc executive. Unconventional Insider trading

Driven Brands Valuation on December 31, 2022

It is possible to determine the worth of Driven Brands on a given historical date. On December 31, 2022 Driven was worth 28.89 at the beginning of the trading date compared to the closed value of 28.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Driven Brands etf. Still, in general, we apply an absolute valuation method to find Driven Brands' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Driven Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Driven Brands' related companies.
 Open High Low Close Volume
01/30/2023
  28.89    29.35    28.65    28.68    383,546  
  28.75    29.19    28.73    29.19    425,979  
Backtest Driven Brands  |  Driven Brands History  |  Driven Brands Valuation Next  
Open Value
28.89
28.68
Closing Value
33.29
Upside

Driven Brands Trading Date Momentum on December 31, 2022

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Driven Brands Holdings Fundamentals Correlations and Trends

By evaluating Driven Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Driven Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Driven financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Driven Brands Etf history

Driven Brands investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Driven is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Driven Brands Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Driven Brands stock prices may prove useful in developing a viable investing in Driven Brands
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.

Driven Brands Quarterly Net Working Capital

353.52 Million

Driven Brands Etf Technical Analysis

Driven Brands technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of Driven Brands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Driven Brands trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Driven Brands Period Price Range

Low
February 17, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Driven Brands Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Driven Brands February 17, 2025 Market Strength

Market strength indicators help investors to evaluate how Driven Brands etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Driven Brands shares will generate the highest return on investment. By undertsting and applying Driven Brands etf market strength indicators, traders can identify Driven Brands Holdings entry and exit signals to maximize returns

Driven Brands Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Driven Brands' price direction in advance. Along with the technical and fundamental analysis of Driven Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Driven to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.