Driven Brands Holdings Etf Price Prediction
| DRVN Etf | USD 16.85 0.01 0.06% |
Oversold Vs Overbought
70
Oversold | Overbought |
Quarterly Earnings Growth (0.17) | EPS Estimate Next Quarter 0.21 | EPS Estimate Current Year 1.033 | EPS Estimate Next Year 1.2566 | Wall Street Target Price 18.4091 |
Using Driven Brands hype-based prediction, you can estimate the value of Driven Brands Holdings from the perspective of Driven Brands response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Driven Brands to buy its etf at a price that has no basis in reality. In that case, they are not buying Driven because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Driven Brands after-hype prediction price | USD 16.79 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Driven |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Driven Brands' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Driven Brands After-Hype Price Prediction Density Analysis
As far as predicting the price of Driven Brands at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Driven Brands or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of Driven Brands, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Driven Brands Estimiated After-Hype Price Volatility
In the context of predicting Driven Brands' etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Driven Brands' historical news coverage. Driven Brands' after-hype downside and upside margins for the prediction period are 14.72 and 18.86, respectively. We have considered Driven Brands' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Driven Brands is very steady at this time. Analysis and calculation of next after-hype price of Driven Brands Holdings is based on 3 months time horizon.
Driven Brands Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as Driven Brands is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Driven Brands backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Driven Brands, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.31 | 2.07 | 0.06 | 0.32 | 9 Events / Month | 8 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
16.85 | 16.79 | 0.36 |
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Driven Brands Hype Timeline
Driven Brands Holdings is currently traded for 16.85. The entity has historical hype elasticity of -0.06, and average elasticity to hype of competition of 0.32. Driven is anticipated to decline in value after the next headline, with the price expected to drop to 16.79. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.36%, whereas the daily expected return is currently at 0.31%. The volatility of related hype on Driven Brands is about 200.19%, with the expected price after the next announcement by competition of 17.17. About 82.0% of the company shares are held by institutions such as insurance companies. The book value of Driven Brands was currently reported as 5.87. The company has Price/Earnings To Growth (PEG) ratio of 1.37. Driven Brands Holdings had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be in about 9 days. Check out Driven Brands Basic Forecasting Models to cross-verify your projections.Driven Brands Related Hype Analysis
Having access to credible news sources related to Driven Brands' direct competition is more important than ever and may enhance your ability to predict Driven Brands' future price movements. Getting to know how Driven Brands' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Driven Brands may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CARG | CarGurus | (2.94) | 8 per month | 1.25 | 0.18 | 3.59 | (2.48) | 7.36 | |
| KAR | KAR Auction Services | 1.08 | 7 per month | 1.32 | 0.06 | 2.47 | (2.01) | 13.95 | |
| KFS | Kingsway Financial Services | (0.44) | 10 per month | 1.35 | 0.01 | 2.38 | (2.51) | 10.73 | |
| GPI | Group 1 Automotive | 8.21 | 7 per month | 1.51 | 0.04 | 3.29 | (2.70) | 11.29 | |
| SAH | Sonic Automotive | (0.58) | 8 per month | 1.80 | 0.03 | 4.60 | (3.31) | 13.17 | |
| LAD | Lithia Motors | 8.82 | 11 per month | 1.58 | 0.12 | 3.52 | (3.18) | 13.35 | |
| AN | AutoNation | (1.89) | 11 per month | 1.90 | (0.06) | 3.73 | (3.00) | 8.95 | |
| ABG | Asbury Automotive Group | (2.09) | 13 per month | 1.67 | (0) | 3.95 | (2.67) | 9.76 | |
| PAG | Penske Automotive Group | 0.35 | 9 per month | 1.48 | (0.08) | 2.57 | (2.44) | 6.04 | |
| CARS | Cars Inc | (0.18) | 6 per month | 1.63 | 0.04 | 4.66 | (2.75) | 9.11 |
Driven Brands Additional Predictive Modules
Most predictive techniques to examine Driven price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Driven using various technical indicators. When you analyze Driven charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Driven Brands Predictive Indicators
The successful prediction of Driven Brands stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Driven Brands Holdings, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Driven Brands based on analysis of Driven Brands hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Driven Brands's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Driven Brands's related companies.
Story Coverage note for Driven Brands
The number of cover stories for Driven Brands depends on current market conditions and Driven Brands' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Driven Brands is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Driven Brands' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Driven Brands Short Properties
Driven Brands' future price predictability will typically decrease when Driven Brands' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Driven Brands Holdings often depends not only on the future outlook of the potential Driven Brands' 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. Driven Brands' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 161.9 M | |
| Cash And Short Term Investments | 176.5 M |
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.