Doximity Stock Buy Hold or Sell Recommendation
| DOCS Stock | USD 61.48 4.59 6.95% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Doximity is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Doximity given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Doximity, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Doximity Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Doximity Stock please use our How to Invest in Doximity guide. Note, we conduct extensive research on individual companies such as Doximity and provide practical buy, sell, or hold advice based on investors' constraints. Doximity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Doximity |
Execute Doximity Buy or Sell Advice
The Doximity recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Doximity. Macroaxis does not own or have any residual interests in Doximity or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Doximity's advice using the current market data and latest reported fundamentals.
Time Horizon
2 Months |
Risk Tolerance
I am an educated risk taker |
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Doximity Trading Alerts and Improvement Suggestions
| Doximity had very high historical volatility over the last 90 days | |
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Doximity Inc Stock Price Down 4.15 percent on Mar 26 |
Doximity Returns Distribution Density
The distribution of Doximity's historical returns is an attempt to chart the uncertainty of Doximity's future price movements. The chart of the probability distribution of Doximity daily returns describes the distribution of returns around its average expected value. We use Doximity price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Doximity returns is essential to provide solid investment advice for Doximity.
| Mean Return | 0.38 |
| Value At Risk | -5.5 |
| Potential Upside | 4.93 |
| Standard Deviation | 5.46 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Doximity historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Doximity Stock Institutional Investors
The Doximity's institutional investors refer to entities that pool money to purchase Doximity's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | |||
| Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2024-12-31 | 2.2 M | |
| Hhg Plc | 2024-12-31 | 2.1 M | |
| Renaissance Technologies Corp | 2024-12-31 | 1.8 M | |
| Capital World Investors | 2024-12-31 | 1.7 M | |
| Fuller & Thaler Asset Management Inc | 2024-12-31 | 1.6 M | |
| Dimensional Fund Advisors, Inc. | 2024-12-31 | 1.6 M | |
| Arrowstreet Capital Limited Partnership | 2024-12-31 | 1.5 M | |
| Northern Trust Corp | 2024-12-31 | 1.5 M | |
| Amvescap Plc. | 2024-12-31 | 1.3 M | |
| Blackrock Inc | 2024-12-31 | 11.9 M | |
| Vanguard Group Inc | 2024-12-31 | 11.2 M |
Doximity Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Doximity or Health Care Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Doximity's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Doximity stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | 1.21 | |
σ | Overall volatility | 5.65 | |
Ir | Information ratio | 0.07 |
Doximity Volatility Alert
Doximity shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Doximity's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Doximity's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Doximity Fundamentals Vs Peers
Comparing Doximity's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Doximity's direct or indirect competition across all of the common fundamentals between Doximity and the related equities. This way, we can detect undervalued stocks with similar characteristics as Doximity or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Doximity's fundamental indicators could also be used in its relative valuation, which is a method of valuing Doximity by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Doximity to competition |
| Fundamentals | Doximity | Peer Average |
| Return On Equity | 0.21 | -0.31 |
| Return On Asset | 0.13 | -0.14 |
| Profit Margin | 0.37 % | (1.27) % |
| Operating Margin | 0.47 % | (5.51) % |
| Current Valuation | 10.7 B | 16.62 B |
| Shares Outstanding | 133.5 M | 571.82 M |
| Shares Owned By Insiders | 2.15 % | 10.09 % |
| Shares Owned By Institutions | 89.74 % | 39.21 % |
| Number Of Shares Shorted | 6.1 M | 4.71 M |
| Price To Earning | 67.68 X | 28.72 X |
| Price To Book | 11.19 X | 9.51 X |
| Price To Sales | 20.97 X | 11.42 X |
| Revenue | 475.42 M | 9.43 B |
| Gross Profit | 496.19 M | 27.38 B |
| EBITDA | 182.08 M | 3.9 B |
| Net Income | 147.58 M | 570.98 M |
| Cash And Equivalents | 776.25 M | 2.7 B |
| Cash Per Share | 4.01 X | 5.01 X |
| Total Debt | 14.55 M | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 7.24 X | 2.16 X |
| Book Value Per Share | 5.50 X | 1.93 K |
| Cash Flow From Operations | 184.1 M | 971.22 M |
| Short Ratio | 2.46 X | 4.00 X |
| Earnings Per Share | 1.00 X | 3.12 X |
| Price To Earnings To Growth | 3.32 X | 4.89 X |
| Target Price | 74.94 | |
| Number Of Employees | 827 | 18.84 K |
| Beta | 1.35 | -0.15 |
| Market Capitalization | 11.54 B | 19.03 B |
| Total Asset | 1.08 B | 29.47 B |
| Retained Earnings | 79.99 M | 9.33 B |
| Working Capital | 765.69 M | 1.48 B |
Note: Disposition of 2000 shares by Wampler Kira Scherer of Doximity subject to Rule 16b-3 [view details]
Doximity Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Doximity . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 238532.0 | |||
| Daily Balance Of Power | (0.89) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 63.63 | |||
| Day Typical Price | 62.91 | |||
| Price Action Indicator | (4.44) | |||
| Period Momentum Indicator | (4.59) | |||
| Relative Strength Index | 44.95 |
About Doximity Buy or Sell Advice
When is the right time to buy or sell Doximity? Buying financial instruments such as Doximity Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Doximity in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Wireless
Companies providing wireless technology and communication services. The Wireless theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wireless Theme or any other thematic opportunities.
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Additional Tools for Doximity Stock Analysis
When running Doximity's price analysis, check to measure Doximity'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 Doximity is operating at the current time. Most of Doximity's value examination focuses on studying past and present price action to predict the probability of Doximity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doximity's price. Additionally, you may evaluate how the addition of Doximity to your portfolios can decrease your overall portfolio volatility.