Doximity Stock Technical Analysis
| DOCS Stock | USD 53.54 4.79 9.83% |
As of the 28th of November, Doximity shows the Mean Deviation of 2.31, coefficient of variation of 727.08, and Downside Deviation of 2.94. Doximity technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Doximity jensen alpha and downside variance to decide if Doximity is priced favorably, providing market reflects its regular price of 53.54 per share. Given that Doximity has jensen alpha of 0.6183, we urge you to verify Doximity's prevailing market performance to make sure the company can sustain itself at a future point.
Doximity Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Doximity, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DoximityDoximity |
Doximity Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 26.3 | Buy | 18 | Odds |
Most Doximity analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Doximity stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Doximity, talking to its executives and customers, or listening to Doximity conference calls.
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.
Doximity Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Doximity volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Doximity Trend Analysis
Use this graph to draw trend lines for Doximity. You can use it to identify possible trend reversals for Doximity as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Doximity price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Doximity Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Doximity applied against its price change over selected period. The best fit line has a slop of 0.24 , which means Doximity will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2167.0, which is the sum of squared deviations for the predicted Doximity price change compared to its average price change.About Doximity Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Doximity on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Doximity based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Doximity price pattern first instead of the macroeconomic environment surrounding Doximity. By analyzing Doximity's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Doximity's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Doximity specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 86.14 | 93.24 | 77.8 | 65.74 | PTB Ratio | 9.7 | 6.47 | 5.57 | 5.29 |
Doximity November 28, 2024 Technical Indicators
Most technical analysis of Doximity help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Doximity from various momentum indicators to cycle indicators. When you analyze Doximity charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.1138 | |||
| Market Risk Adjusted Performance | 1.45 | |||
| Mean Deviation | 2.31 | |||
| Semi Deviation | 2.24 | |||
| Downside Deviation | 2.94 | |||
| Coefficient Of Variation | 727.08 | |||
| Standard Deviation | 4.96 | |||
| Variance | 24.58 | |||
| Information Ratio | 0.1123 | |||
| Jensen Alpha | 0.6183 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1893 | |||
| Treynor Ratio | 1.44 | |||
| Maximum Drawdown | 43.1 | |||
| Value At Risk | (3.81) | |||
| Potential Upside | 5.15 | |||
| Downside Variance | 8.64 | |||
| Semi Variance | 5.04 | |||
| Expected Short fall | (2.54) | |||
| Skewness | 4.8 | |||
| Kurtosis | 32.49 |
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.