Driveitaway Stock Price on November 18, 2024

DWAY Stock  USD 0.02  0  16.67%   
If you're considering investing in DriveItAway Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of DriveItAway stands at 0.02, as last reported on the 16th of December 2024, with the highest price reaching 0.03 and the lowest price hitting 0.01 during the day. DriveItAway secures Sharpe Ratio (or Efficiency) of -0.0485, which denotes the company had a -0.0485% return per unit of risk over the last 3 months. DriveItAway exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DriveItAway's Mean Deviation of 5.48, variance of 214.27, and Standard Deviation of 14.64 to check the risk estimate we provide.
  
DriveItAway Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0485

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Estimated Market Risk

 14.75
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.72
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average DriveItAway 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 DriveItAway by adding DriveItAway to a well-diversified portfolio.

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DriveItAway Valuation on November 18, 2024

It is possible to determine the worth of DriveItAway on a given historical date. On November 18, 2024 DriveItAway was worth 0.0289 at the beginning of the trading date compared to the closed value of 0.0289. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DriveItAway pink sheet. Still, in general, we apply an absolute valuation method to find DriveItAway's 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 DriveItAway where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DriveItAway's related companies.
 Open High Low Close Volume
  0.03    0.03    0.03    0.03    1.00  
11/18/2024
  0.03    0.03    0.03    0.03    2,100  
  0.02    0.03    0.01    0.03    15,801  
Backtest DriveItAway  |  DriveItAway History  |  DriveItAway Valuation   PreviousNext  
Open Value
0.0289
0.0003
Downside
0.0289
Closing Value
44.28
Upside

DriveItAway Trading Date Momentum on November 18, 2024

On November 19 2024 DriveItAway was traded for  0.03  at the closing time. The top price for the day was 0.03  and the lowest listed price was  0.01 . The trading volume for the day was 15.8 K. The trading history from November 19, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 3.81% . The overall trading delta against the current closing price is 55.02% .

DriveItAway Fundamentals Correlations and Trends

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

About DriveItAway Pink Sheet history

DriveItAway 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 DriveItAway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DriveItAway 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 DriveItAway stock prices may prove useful in developing a viable investing in DriveItAway
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.

DriveItAway Pink Sheet Technical Analysis

DriveItAway technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of DriveItAway technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DriveItAway 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

DriveItAway Period Price Range

Low
December 16, 2024
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High

 0.00 

     

 0.00 

DriveItAway cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

DriveItAway December 16, 2024 Market Strength

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

DriveItAway Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for DriveItAway's price direction in advance. Along with the technical and fundamental analysis of DriveItAway Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of DriveItAway 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.

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.