Is DriveWealth ETF Trust stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, DriveWealth ETF Trust pays dividends. Last time was Friday 26th of July 2024 where the investors holding the stock on Monday 22nd of July 2024 were paid $1.6407 per share. Over the last 1 times between 2024 and 2024, DriveWealth ETF Trust has paid $1.6407 with an average of $1.64 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for DriveWealth ETF Trust 10 years ago, but if you had invested on Tuesday 25th of April 2023 when the price was $24.75, you would have made a profit of $1.450 per share or 5.86%
No, the average daily trading liquidity for DriveWealth ETF Trust is $56 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
DriveWealth ETF Trust has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for DriveWealth ETF Trust to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.