Michael Diamond - Driven Brands CFO VP

DRVN Etf  USD 16.64  0.07  0.42%   
Michael Diamond is Portfolio Manager at Driven Brands Holdings
Address 440 South Church Street, Charlotte, NC, United States, 28202
Phone704 377 8855
Webhttps://www.drivenbrands.com

Michael Diamond Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Diamond against Driven Brands etf is an integral part of due diligence when investing in Driven Brands. Michael Diamond insider activity provides valuable insight into whether Driven Brands is net buyers or sellers over its current business cycle. Note, Driven Brands insiders must abide by specific rules, including filing SEC forms every time they buy or sell Driven Brands'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Driven Brands Management Efficiency

The company has return on total asset (ROA) of 0.0325 % which means that it generated a profit of $0.0325 on every $100 spent on assets. This is way below average. Driven Brands' management efficiency ratios could be used to measure how well Driven Brands manages its routine affairs as well as how well it operates its assets and liabilities.
Driven Brands Holdings currently holds 4.35 B in liabilities with Debt to Equity (D/E) ratio of 2.37, implying the company greatly relies on financing operations through barrowing. Driven Brands Holdings has a current ratio of 1.09, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Debt can assist Driven Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Driven Brands' 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 Driven Brands Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Driven to invest in growth at high rates of return. When we think about Driven Brands' use of debt, we should always consider it together with cash and equity.

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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 Holdings [DRVN] is traded in USA and was established null. Driven Brands is listed under Commercial Services & Supplies category by Fama And French industry classification.

Management Performance

Driven Brands Holdings Money Managers

Mo Khalid, Executive Maintenance
Daniel JD, Executive COO
Dennis Elliott, Executive MA
Daniel Rivera, Ex Maintenance
Kyle Marshall, Executive Services
Gabriel Mendoza, Executive America
Muhammed Khalid, Executive Maintenance
Michael Diamond, CFO VP
John Teddy, Executive America
Michael Beland, Senior Officer
Tiffany Mason, CFO VP
Scott OMelia, General VP
Michael Macaluso, Collision Paint
Joel Arnao, Treasury FPA
Matt Meier, Chief VP
Kristine Moser, VP Communications
Tracy Gehlan, President International
Gary Ferrera, Executive CFO
Jonathan Fitzpatrick, CEO President

Driven Etf Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is Driven Brands a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Driven Brands

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Driven Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Driven Brands will appreciate offsetting losses from the drop in the long position's value.

Moving together with Driven Etf

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Moving against Driven Etf

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The ability to find closely correlated positions to Driven Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Driven Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Driven Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Driven Brands Holdings to buy it.
The correlation of Driven Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Driven Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Driven Brands Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Driven Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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.