Codexis Stock Price on December 17, 2024
| CDXS Stock | USD 4.98 0.30 5.68% |
Below is the normalized historical share price chart for Codexis extending back to April 22, 2010. 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 Codexis stands at 4.98, as last reported on the 23rd of December, with the highest price reaching 5.48 and the lowest price hitting 4.98 during the day.
If you're considering investing in Codexis Stock, it is important to understand the factors that can impact its price. Codexis is moderately volatile given 3 months investment horizon. Codexis secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of standard deviation over the last 3 months. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Codexis risk adjusted performance of 0.1626, and Mean Deviation of 3.19 to evaluate company specific risk that cannot be diversified away.
Total Stockholder Equity is likely to drop to about 56.1 M in 2024. Common Stock Shares Outstanding is likely to drop to about 41.4 M in 2024. At this time, Codexis' Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 4.05 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.02). Codexis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of April 2010 | 200 Day MA 3.4286 | 50 Day MA 4.1908 | Beta 2.071 |
Codexis |
Sharpe Ratio = 0.239
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Estimated Market Risk
| 4.26 actual daily | 37 63% of assets are more volatile |
Expected Return
| 1.02 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Codexis is performing at about 18% 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 Codexis by adding it to a well-diversified portfolio.
Price Book 5.8539 | Enterprise Value Ebitda (10.67) | Price Sales 6.6672 | Shares Float 62 M | Wall Street Target Price 7.1667 |
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Codexis Valuation on December 17, 2024
It is possible to determine the worth of Codexis on a given historical date. On December 17, 2024 Codexis was worth 5.57 at the beginning of the trading date compared to the closed value of 5.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Codexis stock. Still, in general, we apply an absolute valuation method to find Codexis' 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 Codexis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Codexis' related companies.
| Open | High | Low | Close | Volume | |
| 5.50 | 5.77 | 5.42 | 5.61 | 675,358 | |
12/17/2024 | 5.57 | 6.01 | 5.50 | 5.63 | 865,982 |
| 5.64 | 5.72 | 5.12 | 5.19 | 1,339,559 |
| Backtest Codexis | | | Codexis History | | | Codexis Valuation | Previous | Next |
Codexis Trading Date Momentum on December 17, 2024
| On December 18 2024 Codexis was traded for 5.19 at the closing time. The top price for the day was 5.72 and the lowest listed price was 5.12 . The trading volume for the day was 1.3 M. The trading history from December 18, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 7.82% . The overall trading delta against the current closing price is 6.22% . |
Codexis Fundamentals Correlations and Trends
By evaluating Codexis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Codexis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Codexis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Codexis Stock history
Codexis 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 Codexis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Codexis 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 Codexis stock prices may prove useful in developing a viable investing in Codexis
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 68.1 M | 41.4 M | |
| Net Loss | -38.6 M | -40.6 M |
Codexis Quarterly Net Working Capital |
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Codexis Stock Technical Analysis
Codexis 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
Codexis Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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Codexis December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Codexis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Codexis shares will generate the highest return on investment. By undertsting and applying Codexis stock market strength indicators, traders can identify Codexis entry and exit signals to maximize returns
Codexis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Codexis' price direction in advance. Along with the technical and fundamental analysis of Codexis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Codexis 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 | 0.1626 | |||
| Jensen Alpha | 0.7907 | |||
| Total Risk Alpha | 0.716 | |||
| Sortino Ratio | 0.2157 | |||
| Treynor Ratio | 0.3951 |
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Additional Tools for Codexis Stock Analysis
When running Codexis' price analysis, check to measure Codexis' 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 Codexis is operating at the current time. Most of Codexis' value examination focuses on studying past and present price action to predict the probability of Codexis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codexis' price. Additionally, you may evaluate how the addition of Codexis to your portfolios can decrease your overall portfolio volatility.