Doximity Stock Buy Hold or Sell Recommendation

DOCS Stock  USD 63.38  2.58  4.24%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Doximity is 'Strong Hold'. 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.

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

Risk Tolerance

Execute Advice
Sell DoximityBuy Doximity
Strong Hold

Market Performance

ModestDetails

Volatility

Very steadyDetails

Hype Condition

Over hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Doximity has a Risk Adjusted Performance of 0.0611, Jensen Alpha of 0.4265, Total Risk Alpha of 0.9871, Sortino Ratio of 0.116 and Treynor Ratio of 0.3079
Macroaxis provides unbiased investment recommendation on Doximity that should be used to complement current analysts and expert consensus on Doximity. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Doximity is not overpriced, please confirm all Doximity fundamentals, including its debt to equity, and the relationship between the ebitda and earnings per share . Given that Doximity has a number of shares shorted of 5.01 M, we urge you to verify Doximity market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

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 thelincolnianonline.com: Larson Financial Group LLC Boosts Position in Doximity, Inc.

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
0.32
Value At Risk
-5.44
Potential Upside
4.80
Standard Deviation
5.37
   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 Plc2024-12-31
2.1 M
Renaissance Technologies Corp2024-12-31
1.8 M
Capital World Investors2024-12-31
1.7 M
Fuller & Thaler Asset Management Inc2024-12-31
1.6 M
Dimensional Fund Advisors, Inc.2024-12-31
1.6 M
Arrowstreet Capital Limited Partnership2024-12-31
1.5 M
Northern Trust Corp2024-12-31
1.5 M
Amvescap Plc.2024-12-31
1.3 M
Blackrock Inc2024-12-31
11.9 M
Vanguard Group Inc2024-12-31
11.2 M
Note, although Doximity's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

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
0.43
β
Beta against Dow Jones1.02
σ
Overall volatility
5.55
Ir
Information ratio 0.08

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
FundamentalsDoximityPeer Average
Return On Equity0.21-0.31
Return On Asset0.13-0.14
Profit Margin0.37 %(1.27) %
Operating Margin0.47 %(5.51) %
Current Valuation11.06 B16.62 B
Shares Outstanding133.5 M571.82 M
Shares Owned By Insiders2.15 %10.09 %
Shares Owned By Institutions89.64 %39.21 %
Number Of Shares Shorted5.01 M4.71 M
Price To Earning67.68 X28.72 X
Price To Book11.53 X9.51 X
Price To Sales21.62 X11.42 X
Revenue475.42 M9.43 B
Gross Profit496.19 M27.38 B
EBITDA182.08 M3.9 B
Net Income147.58 M570.98 M
Cash And Equivalents776.25 M2.7 B
Cash Per Share4.01 X5.01 X
Total Debt14.55 M5.32 B
Debt To Equity0.01 %48.70 %
Current Ratio7.24 X2.16 X
Book Value Per Share5.50 X1.93 K
Cash Flow From Operations184.1 M971.22 M
Short Ratio1.56 X4.00 X
Earnings Per Share1.00 X3.12 X
Price To Earnings To Growth3.43 X4.89 X
Target Price74.94
Number Of Employees82718.84 K
Beta1.35-0.15
Market Capitalization11.89 B19.03 B
Total Asset1.08 B29.47 B
Retained Earnings79.99 M9.33 B
Working Capital765.69 M1.48 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.

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.

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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 Cancer Fighters 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.