Codexis inc CDXS.US Trend Analysis

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CDXS Trend Score

3

24

15

Bearish
  • AI analysis rates CDXS   with a lower trend score of 2.
  • It is mainly due to  a bearish signal from short and long-term moving averages .
  • Historically, CDXS had a trend score of 2 on 173 occasions, with an average investment return of 2.68%. The loss rate was 72%, with an average decline of 5.15% for the losing trades.
  • Recently, following the change in CDXS's trend score to 2, the stock price has experienced a 1.11% increase.

CDXS Trend Reference Factors

Exclusive

The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.

Update to 2025/05/08 (Daily Update)

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CDXS Historical Trend Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

CDXS Trend Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of CDXS from 2010/04 till Now

46.54%
Cumulative Return
2.58%
Annual Return
30.42%
Volatility
0.08
Sharpe Ratio

Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from April, 2010 to May, 2025. (Total Trades: 46)

CDXSSectorUS Overall Market
Wining Rate33%30%33%
Avg Return2.3%0.9%1%
Avg Profit21.9%23.2%14.7%
Avg Loss-7.1%-8.8%-5.8%
Avg Risk-Reward Ratio306%261.9%252.7%

Update to 2025/5/8 (Daily Update)

Top 10 High Relevance to CDXS Trend Score