Docgo Inc Stock Price on November 14, 2023

DCGO Stock  USD 4.20  0.04  0.94%   
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 4.20, as last reported on the 5th of December, with the highest price reaching 4.23 and the lowest price hitting 4.09 during the day. DocGo appears to be slightly risky, given 3 months investment horizon. DocGo Inc secures Sharpe Ratio (or Efficiency) of 0.0947, which denotes the company had a 0.0947% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for DocGo Inc, which you can use to evaluate the volatility of the firm. Please utilize DocGo's Mean Deviation of 1.92, downside deviation of 2.64, and Semi Deviation of 2.34 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 5th of December 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 5th of December 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.

Sharpe Ratio = 0.0947

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Estimated Market Risk

 2.87
  actual daily
25
75% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.09
  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
1.3237
Enterprise Value Ebitda
6.1219
Price Sales
0.6136
Shares Float
84.6 M
Wall Street Target Price
22.8276

DocGo Main Headline on 14th of November 2023

Filed transaction by Docgo Inc director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

DocGo Valuation on November 14, 2023

It is possible to determine the worth of DocGo on a given historical date. On November 14, 2023 DocGo was worth 5.91 at the beginning of the trading date compared to the closed value of 6.19. 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
  5.69    5.82    5.48    5.65    646,400  
11/14/2023
  5.91    6.20    5.86    6.19    1,193,800  
  6.23    6.31    5.93    5.97    1,016,100  
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Open Value
5.91
6.19
Closing Value
14.53
Upside

DocGo Trading Date Momentum on November 14, 2023

On November 15 2023 DocGo Inc was traded for  5.97  at the closing time. The top price for the day was 6.31  and the lowest listed price was  5.93 . The trading volume for the day was 1 M. The trading history from November 15, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.55% . The overall trading delta against the current closing price is 8.08% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding105.6 M101.7 M
Net Income Applicable To Common Shares39.8 M41.8 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.
A focus of DocGo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DocGo 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

DocGo Period Price Range

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December 5, 2024
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DocGo Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

DocGo December 5, 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.
When determining whether DocGo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DocGo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Docgo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Docgo Inc Stock:
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.