Docgo Inc Stock Price on December 31, 2022
| DCGO Stock | USD 4.30 0.03 0.69% |
If you're considering investing in DocGo Stock, it is important to understand the factors that can impact its price. As of today, the current price of DocGo stands at 4.30, as last reported on the 27th of November, with the highest price reaching 4.46 and the lowest price hitting 4.25 during the day. DocGo appears to be relatively risky, given 3 months investment horizon. DocGo Inc secures Sharpe Ratio (or Efficiency) of 0.0993, which denotes the company had a 0.0993% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for DocGo Inc, which you can use to evaluate the volatility of the firm. Please utilize DocGo's Downside Deviation of 2.92, mean deviation of 2.01, and Semi Deviation of 2.68 to check if our risk estimates are consistent with your expectations.
At this time, DocGo's Common Stock is very stable compared to the past year. As of the 27th of November 2024, Stock Based Compensation is likely to grow to about 22 M, while Total Stockholder Equity is likely to drop about 201.8 M. . As of the 27th of November 2024, Price Earnings Ratio is likely to grow to 88.59, while Price To Sales Ratio is likely to drop 0.88. DocGo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DocGo |
Sharpe Ratio = 0.0993
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Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average DocGo is performing at about 7% 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 DocGo by adding it to a well-diversified portfolio.
Price Book 1.3493 | Enterprise Value Ebitda 6.2502 | Price Sales 0.6314 | Shares Float 84.6 M | Wall Street Target Price 22.8276 |
DocGo Valuation on December 31, 2022
It is possible to determine the worth of DocGo on a given historical date. On December 31, 2022 DocGo was worth 6.78 at the beginning of the trading date compared to the closed value of 7.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DocGo stock. Still, in general, we apply an absolute valuation method to find DocGo'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 DocGo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DocGo's related companies.
| Open | High | Low | Close | Volume | |
| 6.61 | 6.83 | 6.56 | 6.82 | 618,726 | |
12/30/2022 | 6.78 | 7.12 | 6.74 | 7.07 | 473,378 |
| 7.23 | 7.41 | 7.08 | 7.39 | 951,363 |
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DocGo Trading Date Momentum on December 31, 2022
| On January 03 2023 DocGo Inc was traded for 7.39 at the closing time. The top price for the day was 7.41 and the lowest listed price was 7.08 . The trading volume for the day was 951.4 K. The trading history from January 3, 2023 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 4.53% . The overall trading delta against the current closing price is 2.97% . |
DocGo Inc Fundamentals Correlations and Trends
By evaluating DocGo'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 DocGo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DocGo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DocGo Stock history
DocGo 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 DocGo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DocGo Inc 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 DocGo stock prices may prove useful in developing a viable investing in DocGo
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 105.6 M | 101.7 M | |
| Net Income Applicable To Common Shares | 39.8 M | 41.8 M |
DocGo Stock Technical Analysis
DocGo 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.
Price Boundaries
DocGo Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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DocGo November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how DocGo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DocGo shares will generate the highest return on investment. By undertsting and applying DocGo stock market strength indicators, traders can identify DocGo Inc entry and exit signals to maximize returns
DocGo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DocGo's price direction in advance. Along with the technical and fundamental analysis of DocGo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DocGo 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.
| Risk Adjusted Performance | 0.0734 | |||
| Jensen Alpha | 0.0142 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0424 | |||
| Treynor Ratio | 0.1278 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DocGo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DocGo. If investors know DocGo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DocGo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.09 | Earnings Share 0.29 | Revenue Per Share 6.752 | Quarterly Revenue Growth (0.26) | Return On Assets 0.0658 |
The market value of DocGo Inc is measured differently than its book value, which is the value of DocGo that is recorded on the company's balance sheet. Investors also form their own opinion of DocGo's value that differs from its market value or its book value, called intrinsic value, which is DocGo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DocGo's market value can be influenced by many factors that don't directly affect DocGo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DocGo's value and its price as these two are different measures arrived at by different means. Investors typically determine if DocGo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DocGo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.