Co Diagnostics Stock Price History
| CODX Stock | USD 1.22 0.04 3.17% |
Below is the normalized historical share price chart for Co Diagnostics extending back to July 12, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Co Diagnostics stands at 1.22, as last reported on the 9th of May, with the highest price reaching 1.25 and the lowest price hitting 1.19 during the day.
If you're considering investing in CODX Stock, it is important to understand the factors that can impact its price. We consider Co Diagnostics very risky. Co Diagnostics retains Efficiency (Sharpe Ratio) of 0.0476, which signifies that the company had a 0.0476% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for Co Diagnostics, which you can use to evaluate the volatility of the firm. Please confirm Co Diagnostics' Standard Deviation of 2.73, market risk adjusted performance of (0.93), and Coefficient Of Variation of 2774.35 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, Co Diagnostics' Preferred Stock Total Equity is fairly stable compared to the past year. Stock Based Compensation is likely to rise to about 8.8 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 44.2 M in 2024. . At this time, Co Diagnostics' Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to rise to 0.48 in 2024, whereas Price To Sales Ratio is likely to drop 37.40 in 2024. CODX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of July 2017 | 200 Day MA 1.2004 | 50 Day MA 1.1574 | Beta (0.68) |
CODX |
Sharpe Ratio = 0.0476
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | CODX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Co Diagnostics is performing at about 3% 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 Co Diagnostics by adding it to a well-diversified portfolio.
Price Book 0.4288 | Enterprise Value Ebitda 0.4502 | Price Sales 5.5067 | Shares Float 30.4 M | Wall Street Target Price 2.5 |
Co Diagnostics Stock Price History Chart
There are several ways to analyze CODX Stock price data. The simplest method is using a basic CODX candlestick price chart, which shows Co Diagnostics price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | April 9, 2024 | 1.27 |
| Lowest Price | March 18, 2024 | 1.06 |
Co Diagnostics May 9, 2024 Stock Price Synopsis
Various analyses of Co Diagnostics' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell CODX Stock. It can be used to describe the percentage change in the price of Co Diagnostics from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of CODX Stock.| Co Diagnostics Accumulation Distribution | 1,678 | |
| Co Diagnostics Price Rate Of Daily Change | 0.97 | |
| Co Diagnostics Price Daily Balance Of Power | (0.67) | |
| Co Diagnostics Price Action Indicator | (0.02) |
Co Diagnostics May 9, 2024 Stock Price Analysis
CODX Stock Price History Data
The price series of Co Diagnostics for the period between Fri, Feb 9, 2024 and Thu, May 9, 2024 has a statistical range of 0.21 with a coefficient of variation of 3.7. The prices are distributed with arithmetic mean of 1.16. The median price for the last 90 days is 1.16.| Open | High | Low | Close | Volume | ||
| 05/08/2024 | 1.23 | 1.25 | 1.19 | 1.22 | 34,950 | |
| 05/07/2024 | 1.22 | 1.29 | 1.22 | 1.26 | 39,316 | |
| 05/06/2024 | 1.21 | 1.30 | 1.21 | 1.26 | 50,336 | |
| 05/03/2024 | 1.20 | 1.26 | 1.18 | 1.21 | 62,335 | |
| 05/02/2024 | 1.19 | 1.20 | 1.15 | 1.20 | 32,825 | |
| 05/01/2024 | 1.14 | 1.20 | 1.14 | 1.19 | 27,200 | |
| 04/30/2024 | 1.15 | 1.20 | 1.13 | 1.16 | 75,293 | |
| 04/29/2024 | 1.11 | 1.21 | 1.11 | 1.17 | 113,600 | |
| 04/26/2024 | 1.15 | 1.18 | 1.11 | 1.11 | 22,634 | |
| 04/25/2024 | 1.13 | 1.17 | 1.12 | 1.14 | 15,357 | |
| 04/24/2024 | 1.14 | 1.18 | 1.13 | 1.14 | 32,978 | |
| 04/23/2024 | 1.13 | 1.18 | 1.13 | 1.15 | 10,270 | |
| 04/22/2024 | 1.13 | 1.16 | 1.12 | 1.15 | 26,328 | |
| 04/19/2024 | 1.14 | 1.17 | 1.14 | 1.15 | 18,433 | |
| 04/18/2024 | 1.11 | 1.19 | 1.09 | 1.16 | 216,760 | |
| 04/17/2024 | 1.16 | 1.16 | 1.12 | 1.14 | 33,269 | |
| 04/16/2024 | 1.17 | 1.18 | 1.15 | 1.17 | 35,545 | |
| 04/15/2024 | 1.18 | 1.21 | 1.17 | 1.18 | 39,417 | |
| 04/12/2024 | 1.24 | 1.25 | 1.18 | 1.20 | 54,804 | |
| 04/11/2024 | 1.20 | 1.27 | 1.19 | 1.24 | 28,304 | |
| 04/10/2024 | 1.24 | 1.26 | 1.19 | 1.21 | 41,967 | |
| 04/09/2024 | 1.26 | 1.29 | 1.25 | 1.27 | 93,112 | |
| 04/08/2024 | 1.25 | 1.27 | 1.22 | 1.22 | 44,051 | |
| 04/05/2024 | 1.13 | 1.29 | 1.13 | 1.22 | 156,062 | |
| 04/04/2024 | 1.13 | 1.19 | 1.11 | 1.15 | 134,904 | |
| 04/03/2024 | 1.07 | 1.15 | 1.07 | 1.12 | 65,444 | |
| 04/02/2024 | 1.10 | 1.14 | 1.08 | 1.09 | 42,091 | |
| 04/01/2024 | 1.13 | 1.14 | 1.11 | 1.11 | 47,865 | |
| 03/28/2024 | 1.09 | 1.14 | 1.07 | 1.12 | 70,199 | |
| 03/27/2024 | 1.10 | 1.12 | 1.08 | 1.11 | 39,810 | |
| 03/26/2024 | 1.12 | 1.12 | 1.08 | 1.12 | 52,554 | |
| 03/25/2024 | 1.15 | 1.16 | 1.10 | 1.12 | 96,906 | |
| 03/22/2024 | 1.17 | 1.18 | 1.13 | 1.18 | 47,049 | |
| 03/21/2024 | 1.10 | 1.18 | 1.09 | 1.17 | 53,068 | |
| 03/20/2024 | 1.09 | 1.11 | 1.07 | 1.10 | 23,595 | |
| 03/19/2024 | 1.04 | 1.10 | 1.02 | 1.10 | 67,812 | |
| 03/18/2024 | 1.08 | 1.14 | 1.05 | 1.06 | 105,269 | |
| 03/15/2024 | 1.13 | 1.15 | 1.06 | 1.07 | 196,345 | |
| 03/14/2024 | 1.19 | 1.20 | 1.16 | 1.19 | 53,775 | |
| 03/13/2024 | 1.23 | 1.23 | 1.17 | 1.18 | 56,444 | |
| 03/12/2024 | 1.15 | 1.20 | 1.15 | 1.18 | 49,502 | |
| 03/11/2024 | 1.16 | 1.19 | 1.14 | 1.14 | 20,430 | |
| 03/08/2024 | 1.14 | 1.23 | 1.12 | 1.15 | 55,781 | |
| 03/07/2024 | 1.13 | 1.20 | 1.11 | 1.14 | 88,317 | |
| 03/06/2024 | 1.17 | 1.17 | 1.13 | 1.15 | 16,574 | |
| 03/05/2024 | 1.13 | 1.17 | 1.12 | 1.17 | 54,148 | |
| 03/04/2024 | 1.14 | 1.16 | 1.12 | 1.13 | 31,604 | |
| 03/01/2024 | 1.15 | 1.17 | 1.15 | 1.16 | 33,383 | |
| 02/29/2024 | 1.12 | 1.16 | 1.10 | 1.13 | 68,007 | |
| 02/28/2024 | 1.12 | 1.14 | 1.11 | 1.11 | 38,430 | |
| 02/27/2024 | 1.15 | 1.17 | 1.12 | 1.13 | 52,541 | |
| 02/26/2024 | 1.12 | 1.15 | 1.12 | 1.12 | 23,205 | |
| 02/23/2024 | 1.13 | 1.13 | 1.10 | 1.13 | 99,624 | |
| 02/22/2024 | 1.12 | 1.14 | 1.10 | 1.12 | 83,759 | |
| 02/21/2024 | 1.14 | 1.17 | 1.11 | 1.11 | 55,198 | |
| 02/20/2024 | 1.15 | 1.20 | 1.14 | 1.14 | 85,842 | |
| 02/16/2024 | 1.17 | 1.19 | 1.16 | 1.16 | 21,554 | |
| 02/15/2024 | 1.19 | 1.20 | 1.16 | 1.16 | 31,853 | |
| 02/14/2024 | 1.23 | 1.23 | 1.16 | 1.20 | 76,294 | |
| 02/13/2024 | 1.18 | 1.21 | 1.16 | 1.18 | 31,921 | |
| 02/12/2024 | 1.18 | 1.23 | 1.18 | 1.21 | 69,605 |
About Co Diagnostics Stock history
Co Diagnostics 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 CODX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Co Diagnostics 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 Co Diagnostics stock prices may prove useful in developing a viable investing in Co Diagnostics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 29.3 M | 22.2 M | |
| Net Loss | -16.4 M | -15.6 M |
Co Diagnostics Quarterly Net Working Capital |
|
Co Diagnostics Stock Technical Analysis
Co Diagnostics 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.
Did you try this?
Run Piotroski F Score Now
Piotroski F ScoreGet Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
| All Next | Launch Module |
Co Diagnostics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Co Diagnostics' price direction in advance. Along with the technical and fundamental analysis of CODX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CODX 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 | 0.0301 | |||
| Jensen Alpha | 0.0956 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0035 | |||
| Treynor Ratio | (0.94) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Co Diagnostics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy CODX Stock please use our How to Invest in Co Diagnostics guide.Note that the Co Diagnostics information on this page should be used as a complementary analysis to other Co Diagnostics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for CODX Stock analysis
When running Co Diagnostics' price analysis, check to measure Co Diagnostics' 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 Co Diagnostics is operating at the current time. Most of Co Diagnostics' value examination focuses on studying past and present price action to predict the probability of Co Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Co Diagnostics' price. Additionally, you may evaluate how the addition of Co Diagnostics to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
Is Co Diagnostics' industry 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 Co Diagnostics. If investors know CODX 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 Co Diagnostics 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 0.308 | Earnings Share (1.20) | Revenue Per Share 0.232 | Quarterly Revenue Growth 1.537 | Return On Assets (0.24) |
The market value of Co Diagnostics is measured differently than its book value, which is the value of CODX that is recorded on the company's balance sheet. Investors also form their own opinion of Co Diagnostics' value that differs from its market value or its book value, called intrinsic value, which is Co Diagnostics' 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 Co Diagnostics' market value can be influenced by many factors that don't directly affect Co Diagnostics' 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 Co Diagnostics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Co Diagnostics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Co Diagnostics' 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.