Doximity Stock Price on December 6, 2024

DOCS Stock  USD 53.39  0.07  0.13%   
If you're considering investing in Doximity Stock, it is important to understand the factors that can impact its price. As of today, the current price of Doximity stands at 53.39, as last reported on the 3rd of January, with the highest price reaching 54.20 and the lowest price hitting 53.09 during the day. Doximity appears to be not too volatile, given 3 months investment horizon. Doximity secures Sharpe Ratio (or Efficiency) of 0.0882, which denotes the company had a 0.0882% return per unit of risk over the last 3 months. We have found thirty technical indicators for Doximity, which you can use to evaluate the volatility of the firm. Please utilize Doximity's Downside Deviation of 3.06, coefficient of variation of 1149.5, and Mean Deviation of 2.5 to check if our risk estimates are consistent with your expectations.
  
At this time, Doximity's Other Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 61.7 M in 2025, whereas Total Stockholder Equity is likely to drop slightly above 524.8 M in 2025. . Price To Sales Ratio is likely to drop to 11.54 in 2025. Price Earnings Ratio is likely to drop to 37.18 in 2025. Doximity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0882

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Estimated Market Risk

 5.32
  actual daily
47
53% of assets are more volatile

Expected Return

 0.47
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Doximity is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Doximity by adding it to a well-diversified portfolio.
Price Book
10.3699
Enterprise Value Ebitda
43.2529
Price Sales
19.2851
Shares Float
124.7 M
Wall Street Target Price
55.2353

Doximity Main Headline on 6th of December 2024

Filed transaction by Doximity Director, 10 Percent Owner, Officer Chief Executive Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Doximity Valuation on December 6, 2024

It is possible to determine the worth of Doximity on a given historical date. On December 6, 2024 Doximity was worth 55.9 at the beginning of the trading date compared to the closed value of 55.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Doximity stock. Still, in general, we apply an absolute valuation method to find Doximity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Doximity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Doximity's related companies.
 Open High Low Close Volume
  54.00    55.68    53.90    55.32    1,442,398  
12/06/2024
  55.90    56.67    55.50    55.53    1,621,381  
  55.70    56.21    53.02    53.83    1,684,763  
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Open Value
55.9
55.53
Closing Value
71.86
Upside

Doximity Trading Date Momentum on December 6, 2024

On December 09 2024 Doximity was traded for  53.83  at the closing time. The top price for the day was 56.21  and the lowest listed price was  53.02 . The trading volume for the day was 1.7 M. The trading history from December 9, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.06% . The overall trading delta against the current closing price is 5.46% .

Doximity Fundamentals Correlations and Trends

By evaluating Doximity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Doximity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Doximity financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Doximity Stock history

Doximity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Doximity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Doximity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Doximity stock prices may prove useful in developing a viable investing in Doximity
Last ReportedProjected for Next Year
Common Stock Shares Outstanding236.6 M210 M
Net Income Applicable To Common Shares129.7 M70.9 M

Doximity Quarterly Net Working Capital

773.19 Million

Doximity Stock Technical Analysis

Doximity technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Doximity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Doximity trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Doximity Period Price Range

Low
January 3, 2025
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Doximity cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Doximity January 3, 2025 Market Strength

Market strength indicators help investors to evaluate how Doximity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Doximity shares will generate the highest return on investment. By undertsting and applying Doximity stock market strength indicators, traders can identify Doximity entry and exit signals to maximize returns

Doximity Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Doximity's price direction in advance. Along with the technical and fundamental analysis of Doximity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Doximity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.