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CDXS Stock Analysis

Data source: Trade-Ideas Alerts | 5 alerts analyzed | Backtest period: 2022-07-15 → 2023-12-27

⚠️ Small sample size (5 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

📍 NASDAQ 📅 IPO: Apr 22, 2010 🔗 www.codexis.com
💰 Market Cap: $151.7M 👥 Employees: 188
Codexis Inc is a provider of enzymatic solutions for efficient and scalable therapeutics manufacturing that leverages its proprietary CodeEvolver technology platform to discover, develop, and enhance novel, high-performance enzymes. Codexis enzymes solve challenges associated with small molecule pharmaceuticals manufacturing and nucleic acid synthesis. The Company is currently developing its proprietary ECO Synthesis manufacturing platform to enable the scaled manufacture of RNAi therapeutics through an enzymatic route. Codexis' enzymes can drive improvements such as higher yields, reduced energy usage and waste generation, improved efficiency in manufacturing and greater sensitivity in genomic and diagnostic applications. Geographically, it derives maximum revenue from the Americas.
📊
5
Total Alerts
🎯
80.0%
Win Rate (60MIN)
💰
-2.22%
Avg Gain (60MIN)
🚀
+8.92%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 40.0%
Avg Gain: +0.41%
Avg Winner: +3.25%
Avg Loser: -2.23%
Best: +4.82%
Worst: -3.97%
Trades: 2/2

15MIN

Win Rate: 40.0%
Avg Gain: -3.44%
Avg Winner: +2.07%
Avg Loser: -7.12%
Best: +3.85%
Worst: -19.78%
Trades: 2/3

30MIN

Win Rate: 40.0%
Avg Gain: -2.07%
Avg Winner: +6.31%
Avg Loser: -7.66%
Best: +11.27%
Worst: -21.06%
Trades: 2/3

60MIN

Win Rate: 80.0%
Avg Gain: -2.22%
Avg Winner: +3.61%
Avg Loser: -25.55%
Best: +8.26%
Worst: -25.55%
Trades: 4/1

EOD (End of Day)

Win Rate: 40.0%
Avg Gain: +0.21%
Avg Winner: +14.73%
Avg Loser: -9.47%
Best: +28.26%
Worst: -22.17%
Trades: 2/3

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +8.92%
Best MFE: +31.30%
Avg Time to MFE: 160 min

On average, CDXS alerts reach +8.92% profit potential within 160 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -2.99%
Worst MAE: -6.02%
Avg Time to MAE: 10 min

Before reaching MFE, expect an average drawdown of 2.99%.

⚖️ Risk/Reward Ratio

2.99:1

Excellent risk/reward - potential gain is 2.99x the typical drawdown.

💡 Trading Insight: Based on 5 alerts, CDXS typically reaches +8.92% profit before pulling back. Consider setting profit targets around 7.1% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 5
Gap Up % 20.0%
Avg Gap -0.09%
Best Gap +1.20%

🏭 Sector Comparison: INDUSTRIAL ORGANIC CHEMICALS

How CDXS compares to 16 other tickers in the same sector.

5-Min Gain
CDXS: +0.41% Sector: -0.24% +0.65%
EOD Gain
CDXS: +0.21% Sector: +170.47% -170.26%
Avg MFE
CDXS: +8.92% Sector: +5.49% +3.43%

📋 Last 20 Alerts

Historical CDXS alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2023-12-27 09:25:00 $3.33 +1.69% +0.30% +1.35% +4.20% +1.20% +5.41% -1.20% +1.20% WIN
2023-12-15 09:29:00 $2.99 -0.50% -0.71% -1.34% +0.33% -3.68% +5.02% -6.02% -0.33% LOSS
2023-12-14 09:28:00 $2.3 +4.82% +3.85% +11.27% +8.26% +28.26% +31.30% -1.74% - WIN
2022-07-18 09:25:00 $6.99 - -0.88% -0.57% +1.65% -2.58% +2.86% -2.00% -0.14% -
2022-07-15 09:25:00 $8.57 -3.97% -19.78% -21.06% -25.55% -22.17% - -3.97% -1.17% LOSS

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ CDXS Shows Negative Expectancy

Despite a 80.0% win rate, CDXS has -2.22% average expectancy because losses outweigh wins. Use the app to find filters that improve the win size or reduce loss size, making CDXS profitable.

🔧 Fix CDXS Risk/Reward →

Why Analyze CDXS with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for CDXS. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, CDXS historically offers an average upside of +8.92% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 CDXS Momentum Personality

With a baseline win rate of 80.0%, CDXS shows negative expectancy despite winning more often - average losses (-25.55%) outweigh average wins (+3.61%). This suggests the need for tighter stops or better entry timing.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: CDXS shows negative expectancy across all tested intraday timeframes (Best: 60MIN at -2.22%). This suggests CDXS is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.