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CODX
Price
$1.06
Change
-$0.04 (-3.64%)
Updated
Nov 15 closing price
142 days until earnings call
ILMN
Price
$135.05
Change
-$7.19 (-5.05%)
Updated
Nov 15 closing price
81 days until earnings call
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CODX vs ILMN

Header iconCODX vs ILMN Comparison
Open Charts CODX vs ILMNBanner chart's image
Co-Diagnostics
Price$1.06
Change-$0.04 (-3.64%)
Volume$126.03K
CapitalizationN/A
Illumina
Price$135.05
Change-$7.19 (-5.05%)
Volume$4.74M
CapitalizationN/A
CODX vs ILMN Comparison Chart
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CODX
Daily Signalchanged days ago
Gain/Loss if shorted
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ILMN
Daily Signalchanged days ago
Gain/Loss if shorted
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CODX vs. ILMN commentary
Nov 18, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CODX is a StrongSell and ILMN is a StrongSell.

COMPARISON
Comparison
Nov 18, 2024
Stock price -- (CODX: $1.06 vs. ILMN: $135.05)
Brand notoriety: CODX: Not notable vs. ILMN: Notable
Both companies represent the Medical Specialties industry
Current volume relative to the 65-day Moving Average: CODX: 146% vs. ILMN: 250%
Market capitalization -- CODX: $34.7M vs. ILMN: $21.09B
CODX [@Medical Specialties] is valued at $34.7M. ILMN’s [@Medical Specialties] market capitalization is $21.09B. The market cap for tickers in the [@Medical Specialties] industry ranges from $3.82T to $0. The average market capitalization across the [@Medical Specialties] industry is $8.03B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CODX’s FA Score shows that 1 FA rating(s) are green whileILMN’s FA Score has 0 green FA rating(s).

  • CODX’s FA Score: 1 green, 4 red.
  • ILMN’s FA Score: 0 green, 5 red.
According to our system of comparison, CODX is a better buy in the long-term than ILMN.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CODX’s TA Score shows that 4 TA indicator(s) are bullish while ILMN’s TA Score has 4 bullish TA indicator(s).

  • CODX’s TA Score: 4 bullish, 5 bearish.
  • ILMN’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, both CODX and ILMN are a bad buy in the short-term.

Price Growth

CODX (@Medical Specialties) experienced а -7.02% price change this week, while ILMN (@Medical Specialties) price change was -10.62% for the same time period.

The average weekly price growth across all stocks in the @Medical Specialties industry was -4.23%. For the same industry, the average monthly price growth was -2.87%, and the average quarterly price growth was -6.14%.

Reported Earning Dates

CODX is expected to report earnings on Apr 08, 2025.

ILMN is expected to report earnings on Feb 06, 2025.

Industries' Descriptions

@Medical Specialties (-4.23% weekly)

Medical specialties are companies that make equipment used by the health care industry. Equipment manufactured and distributed by these companies include dialysis machines, blood analysis equipment, surgical equipment, dental instruments, and diagnostic tools, among other items. Large companies typically aim to produce and distribute high-quality products across a broad market spectrum. Smaller firms are more likely to specialize in a particular market segment. Due to the industry’s close association with medical treatments, they typically have low sensitivity to macroeconomic fluctuations. Within this industry, Abbott Laboratories, Medtronic Plc and Thermo Fisher Scientific Inc. are some of the companies with multi-billion market capitalizations in the U.S. stock markets.

SUMMARIES
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FUNDAMENTALS
Fundamentals
ILMN($21.1B) has a higher market cap than CODX($34.7M). ILMN has higher P/E ratio than CODX: ILMN (49.50) vs CODX (6.17). ILMN YTD gains are higher at: -0.217 vs. CODX (-20.301). CODX has higher annual earnings (EBITDA): -41.48M vs. ILMN (-608M). ILMN has more cash in the bank: 1.05B vs. CODX (58.5M). CODX has less debt than ILMN: CODX (2.99M) vs ILMN (2.26B). ILMN has higher revenues than CODX: ILMN (4.5B) vs CODX (6.81M).
CODXILMNCODX / ILMN
Capitalization34.7M21.1B0%
EBITDA-41.48M-608M7%
Gain YTD-20.301-0.2179,343%
P/E Ratio6.1749.5012%
Revenue6.81M4.5B0%
Total Cash58.5M1.05B6%
Total Debt2.99M2.26B0%
FUNDAMENTALS RATINGS
CODX vs ILMN: Fundamental Ratings
CODX
ILMN
OUTLOOK RATING
1..100
7373
VALUATION
overvalued / fair valued / undervalued
1..100
49
Fair valued
75
Overvalued
PROFIT vs RISK RATING
1..100
99100
SMR RATING
1..100
9597
PRICE GROWTH RATING
1..100
8046
P/E GROWTH RATING
1..100
2694
SEASONALITY SCORE
1..100
n/a27

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

CODX's Valuation (49) in the Biotechnology industry is in the same range as ILMN (75). This means that CODX’s stock grew similarly to ILMN’s over the last 12 months.

CODX's Profit vs Risk Rating (99) in the Biotechnology industry is in the same range as ILMN (100). This means that CODX’s stock grew similarly to ILMN’s over the last 12 months.

CODX's SMR Rating (95) in the Biotechnology industry is in the same range as ILMN (97). This means that CODX’s stock grew similarly to ILMN’s over the last 12 months.

ILMN's Price Growth Rating (46) in the Biotechnology industry is somewhat better than the same rating for CODX (80). This means that ILMN’s stock grew somewhat faster than CODX’s over the last 12 months.

CODX's P/E Growth Rating (26) in the Biotechnology industry is significantly better than the same rating for ILMN (94). This means that CODX’s stock grew significantly faster than ILMN’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CODXILMN
RSI
ODDS (%)
Bullish Trend 3 days ago
83%
Bearish Trend 3 days ago
88%
Stochastic
ODDS (%)
Bullish Trend 3 days ago
81%
Bullish Trend 3 days ago
71%
Momentum
ODDS (%)
Bearish Trend 3 days ago
80%
Bearish Trend 3 days ago
81%
MACD
ODDS (%)
Bearish Trend 3 days ago
86%
Bearish Trend 3 days ago
75%
TrendWeek
ODDS (%)
Bearish Trend 3 days ago
83%
Bearish Trend 3 days ago
77%
TrendMonth
ODDS (%)
Bearish Trend 3 days ago
82%
Bearish Trend 3 days ago
81%
Advances
ODDS (%)
Bullish Trend about 1 month ago
83%
Bullish Trend 13 days ago
69%
Declines
ODDS (%)
Bearish Trend 3 days ago
85%
Bearish Trend 3 days ago
81%
BollingerBands
ODDS (%)
Bullish Trend 3 days ago
79%
Bullish Trend 3 days ago
67%
Aroon
ODDS (%)
Bearish Trend 3 days ago
83%
Bullish Trend 3 days ago
75%
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CODX
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
ILMN
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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CODX and

Correlation & Price change

A.I.dvisor tells us that CODX and ILMN have been poorly correlated (+31% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that CODX and ILMN's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CODX
1D Price
Change %
CODX100%
-3.64%
ILMN - CODX
31%
Poorly correlated
-5.05%
AEMD - CODX
30%
Poorly correlated
+0.20%
BNGO - CODX
26%
Poorly correlated
-3.83%
APDN - CODX
25%
Poorly correlated
-6.79%
CORBF - CODX
25%
Poorly correlated
+4.00%
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