Codexis Stock Technical Analysis
| CDXS Stock | USD 1.24 0.06 4.62% |
As of the 1st of February, Codexis shows the risk adjusted performance of (0.14), and Mean Deviation of 3.69. Codexis technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Codexis market risk adjusted performance and treynor ratio to decide if Codexis is priced correctly, providing market reflects its regular price of 1.24 per share. Given that Codexis is a hitting penny stock territory we recommend to closely look at its jensen alpha.
Codexis Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Codexis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CodexisCodexis' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.Codexis Analyst Consensus
| Target Price | Consensus | # of Analysts | |
| 6.58 | Strong Buy | 7 | Odds |
Most Codexis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Codexis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Codexis, talking to its executives and customers, or listening to Codexis conference calls.
Is there potential for Life Sciences Tools & Services market expansion? Will Codexis introduce new products? Factors like these will boost the valuation of Codexis. Projected growth potential of Codexis fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. All the valuation information about Codexis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.73) | Revenue Per Share | Quarterly Revenue Growth (0.33) | Return On Assets | Return On Equity |
The market value of Codexis is measured differently than its book value, which is the value of Codexis that is recorded on the company's balance sheet. Investors also form their own opinion of Codexis' value that differs from its market value or its book value, called intrinsic value, which is Codexis' true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Codexis' market value can be influenced by many factors that don't directly affect Codexis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Codexis' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Codexis should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Codexis' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Codexis 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Codexis' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Codexis.
| 11/03/2025 |
| 02/01/2026 |
If you would invest 0.00 in Codexis on November 3, 2025 and sell it all today you would earn a total of 0.00 from holding Codexis or generate 0.0% return on investment in Codexis over 90 days. Codexis is related to or competes with OmniAb, Sangamo Therapeutics, Insight Molecular, C4 Therapeutics, Rani Therapeutics, Armata Pharmaceuticals, and Innate Pharma. Codexis, Inc. discovers, develops, and sells enzymes and other proteins More
Codexis Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Codexis' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Codexis upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 22.77 | |||
| Value At Risk | (8.20) | |||
| Potential Upside | 5.66 |
Codexis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Codexis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Codexis' standard deviation. In reality, there are many statistical measures that can use Codexis historical prices to predict the future Codexis' volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (1.10) | |||
| Total Risk Alpha | (1.24) | |||
| Treynor Ratio | (0.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Codexis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Codexis February 1, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | (0.38) | |||
| Mean Deviation | 3.69 | |||
| Coefficient Of Variation | (481.72) | |||
| Standard Deviation | 4.8 | |||
| Variance | 23.07 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (1.10) | |||
| Total Risk Alpha | (1.24) | |||
| Treynor Ratio | (0.39) | |||
| Maximum Drawdown | 22.77 | |||
| Value At Risk | (8.20) | |||
| Potential Upside | 5.66 | |||
| Skewness | (0.91) | |||
| Kurtosis | 1.65 |
Codexis Backtested Returns
Codexis secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17 % return per unit of standard deviation over the last 3 months. Codexis exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Codexis' risk adjusted performance of (0.14), and Mean Deviation of 3.69 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.58, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Codexis will likely underperform. At this point, Codexis has a negative expected return of -0.84%. Please make sure to confirm Codexis' treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Codexis performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
Codexis has virtually no predictability. Overlapping area represents the amount of predictability between Codexis time series from 3rd of November 2025 to 18th of December 2025 and 18th of December 2025 to 1st of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Codexis price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Codexis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
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.
Codexis Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Codexis volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Codexis Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Codexis on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Codexis based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Codexis price pattern first instead of the macroeconomic environment surrounding Codexis. By analyzing Codexis's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Codexis's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Codexis specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 | 2025 | 2026 (projected) | Payables Turnover | 2.15 | 5.74 | 5.17 | 3.25 | Days Of Inventory On Hand | 76.51 | 40.31 | 46.36 | 52.91 |
Codexis February 1, 2026 Technical Indicators
Most technical analysis of Codexis help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Codexis from various momentum indicators to cycle indicators. When you analyze Codexis charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | (0.38) | |||
| Mean Deviation | 3.69 | |||
| Coefficient Of Variation | (481.72) | |||
| Standard Deviation | 4.8 | |||
| Variance | 23.07 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (1.10) | |||
| Total Risk Alpha | (1.24) | |||
| Treynor Ratio | (0.39) | |||
| Maximum Drawdown | 22.77 | |||
| Value At Risk | (8.20) | |||
| Potential Upside | 5.66 | |||
| Skewness | (0.91) | |||
| Kurtosis | 1.65 |
Codexis February 1, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Codexis stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.06 | ||
| Daily Balance Of Power | (0.75) | ||
| Rate Of Daily Change | 0.95 | ||
| Day Median Price | 1.26 | ||
| Day Typical Price | 1.25 | ||
| Price Action Indicator | (0.05) | ||
| Market Facilitation Index | 0.08 |
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.