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CODX Stock Analysis
Data source: Trade-Ideas Alerts | 3 alerts analyzed | Backtest period: 2022-06-23 → 2022-08-15
⚠️ Small sample size (3 alerts). Statistics may have high variance. Interpret with caution.
🏢 Company Profile
📈 Performance by Timeframe
5MIN
15MIN
30MIN
60MIN
EOD (End of Day)
🚀 Max Favorable / Adverse Excursion (MFE/MAE)
Institutional-grade metrics showing the maximum profit potential and risk for each alert.
📈 MFE (Max Profit Potential)
On average, CODX alerts reach +6.44% profit potential within 175 minutes.
📉 MAE (Max Drawdown Risk)
Before reaching MFE, expect an average drawdown of 2.75%.
⚖️ Risk/Reward Ratio
Excellent risk/reward - potential gain is 2.34x the typical drawdown.
💡 Trading Insight: Based on 3 alerts, CODX typically reaches +6.44% profit before pulling back. Consider setting profit targets around 5.2% to capture most of the move.
🌅 Premarket Gap Analysis (9:25 → 9:30)
📋 Last 20 Alerts
Historical CODX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-08-15 | 09:25:00 | $4.29 | +0.13% | -2.56% | -0.47% | -1.86% | +0.47% | +2.56% | -3.50% | +1.40% | WIN |
| 2022-08-12 | 09:25:00 | $4.37 | +0.23% | +6.18% | +4.00% | +4.58% | +2.52% | +13.50% | -1.14% | -0.92% | WIN |
| 2022-06-23 | 09:25:00 | $5.52 | -1.66% | -0.36% | -3.26% | -1.63% | -0.54% | +3.26% | -3.62% | -2.72% | 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
⚠️ CODX Shows Negative Expectancy
Despite a 66.7% win rate, CODX has -0.44% average expectancy because losses outweigh wins. Use the app to find filters that improve the win size or reduce loss size, making CODX profitable.
🔧 Fix CODX Risk/Reward →Why Analyze CODX with FILTRIX?
🛡️ Realistic Entry Simulation
We don't inflate stats. Our analysis tracks only the first alert of the day for CODX. 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, CODX historically offers an average upside of +6.44% intraday. Our data helps you distinguish between a quick scalp and a runner.
📊 CODX Momentum Personality
With a baseline win rate of 66.7%, CODX shows negative expectancy despite winning more often - average losses (-1.66%) outweigh average wins (+0.18%). This suggests the need for tighter stops or better entry timing.
⏱️ Optimized Exit Timing
⚠️ Caution Advised: CODX shows negative expectancy across all tested intraday timeframes (Best: 5MIN at -0.44%). This suggests CODX is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.