Doximity Inc (DOCS)
None
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 86.37% per annum.
- DOCS price at the close of October 10, 2025 was $65.61 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 25.31% per annum.
- DOCS price at the close of October 10, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of DOCS price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: August 11, 2023
End date: October 10, 2025
a = 1.6530
b = 0.0017
s = 0.1429
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0017) – 1
= 86.37%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1429) – 1
= 77.11%
August 11, 2023 calculations
Top border of price channel:
Exp(Y536)
= Exp(a + b × X536 + 2 × s)
= Exp(a + b × 778 + 2 × s)
= Exp(1.6530 + 0.0017 × 778 + 2 × 0.1429)
= Exp(3.2658)
= $26.20
Bottom border of price channel:
Exp(Y536)
= Exp(a + b × X536 – 2 × s)
= Exp(a + b × 778 – 2 × s)
= Exp(1.6530 + 0.0017 × 778 – 2 × 0.1429)
= Exp(2.6942)
= $14.79
October 10, 2025 calculations
Top border of price channel:
Exp(Y1,079)
= Exp(a + b × X1,079 + 2 × s)
= Exp(a + b × 1,569 + 2 × s)
= Exp(1.6530 + 0.0017 × 1,569 + 2 × 0.1429)
= Exp(4.6150)
= $100.98
Bottom border of price channel:
Exp(Y1,079)
= Exp(a + b × X1,079 – 2 × s)
= Exp(a + b × 1,569 – 2 × s)
= Exp(1.6530 + 0.0017 × 1,569 – 2 × 0.1429)
= Exp(4.0434)
= $57.02
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 86.37% per annum.
- DOCS price at the close of October 10, 2025 was $65.61 and was inside the primary price channel.
Secondary Trend
Start date: November 8, 2024
End date: October 10, 2025
a = 3.2289
b = 0.0006
s = 0.1030
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 25.31%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1030) – 1
= 50.98%
November 8, 2024 calculations
Top border of price channel:
Exp(Y850)
= Exp(a + b × X850 + 2 × s)
= Exp(a + b × 1,233 + 2 × s)
= Exp(3.2289 + 0.0006 × 1,233 + 2 × 0.1030)
= Exp(4.1972)
= $66.50
Bottom border of price channel:
Exp(Y850)
= Exp(a + b × X850 – 2 × s)
= Exp(a + b × 1,233 – 2 × s)
= Exp(3.2289 + 0.0006 × 1,233 – 2 × 0.1030)
= Exp(3.7852)
= $44.04
October 10, 2025 calculations
Top border of price channel:
Exp(Y1,079)
= Exp(a + b × X1,079 + 2 × s)
= Exp(a + b × 1,569 + 2 × s)
= Exp(3.2289 + 0.0006 × 1,569 + 2 × 0.1030)
= Exp(4.4049)
= $81.85
Bottom border of price channel:
Exp(Y1,079)
= Exp(a + b × X1,079 – 2 × s)
= Exp(a + b × 1,569 – 2 × s)
= Exp(3.2289 + 0.0006 × 1,569 – 2 × 0.1030)
= Exp(3.9929)
= $54.21
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 25.31% per annum.
- DOCS price at the close of October 10, 2025 was inside the secondary price channel.