CODX
Price
$1.10
Change
-$0.13 (-10.57%)
Updated
May 10, 8:57 AM EST
90 days until earnings call
TMCI
Price
$4.70
Change
+$0.27 (+6.09%)
Updated
May 10, 9:51 AM EST
88 days until earnings call
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CODX vs TMCI

Header iconCODX vs TMCI Comparison
Open Charts CODX vs TMCIBanner chart's image
Co-Diagnostics
Price$1.10
Change-$0.13 (-10.57%)
Volume$2K
CapitalizationN/A
Treace Medical Concepts
Price$4.70
Change+$0.27 (+6.09%)
Volume$15.39K
CapitalizationN/A
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CODX vs TMCI Comparison Chart

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CODXDaily Signal changed days agoGain/Loss if shorted
 
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TMCIDaily Signal changed days agoGain/Loss if shorted
 
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VS
CODX vs. TMCI commentary
May 10, 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 Buy and TMCI is a StrongSell.

COMPARISON
Comparison
May 10, 2024
Stock price -- (CODX: $1.25 vs. TMCI: $4.43)
Brand notoriety: CODX and TMCI are both not notable
Both companies represent the Medical Specialties industry
Current volume relative to the 65-day Moving Average: CODX: 64% vs. TMCI: 490%
Market capitalization -- CODX: $34.7M vs. TMCI: $805.9M
CODX [@Medical Specialties] is valued at $34.7M. TMCI’s [@Medical Specialties] market capitalization is $805.9M. 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 $7.44B.

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 whileTMCI’s FA Score has 0 green FA rating(s).

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

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 6 TA indicator(s) are bullish while TMCI’s TA Score has 3 bullish TA indicator(s).

  • CODX’s TA Score: 6 bullish, 4 bearish.
  • TMCI’s TA Score: 3 bullish, 5 bearish.
According to our system of comparison, CODX is a better buy in the short-term than TMCI.

Price Growth

CODX (@Medical Specialties) experienced а +4.17% price change this week, while TMCI (@Medical Specialties) price change was -58.68% for the same time period.

The average weekly price growth across all stocks in the @Medical Specialties industry was +0.88%. For the same industry, the average monthly price growth was -3.22%, and the average quarterly price growth was +18.61%.

Reported Earning Dates

CODX is expected to report earnings on Aug 08, 2024.

TMCI is expected to report earnings on Aug 06, 2024.

Industries' Descriptions

@Medical Specialties (+0.88% 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
A.I.dvisor published
a Summary for CODX with price predictions.
OPEN
A.I.dvisor published
a Summary for TMCI with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
TMCI($806M) has a higher market cap than CODX($34.7M). CODX YTD gains are higher at: -6.015 vs. TMCI (-65.290). TMCI has higher annual earnings (EBITDA): -39.01M vs. CODX (-41.48M). TMCI has more cash in the bank: 123M vs. CODX (58.5M). CODX has less debt than TMCI: CODX (2.99M) vs TMCI (70.3M). TMCI has higher revenues than CODX: TMCI (187M) vs CODX (6.81M).
CODXTMCICODX / TMCI
Capitalization34.7M806M4%
EBITDA-41.48M-39.01M106%
Gain YTD-6.015-65.2909%
P/E Ratio6.17N/A-
Revenue6.81M187M4%
Total Cash58.5M123M48%
Total Debt2.99M70.3M4%
FUNDAMENTALS RATINGS
CODX: Fundamental Ratings
CODX
OUTLOOK RATING
1..100
22
VALUATION
overvalued / fair valued / undervalued
1..100
47
Fair valued
PROFIT vs RISK RATING
1..100
97
SMR RATING
1..100
96
PRICE GROWTH RATING
1..100
56
P/E GROWTH RATING
1..100
26
SEASONALITY SCORE
1..100
n/a

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.

TECHNICAL ANALYSIS
Technical Analysis
CODXTMCI
RSI
ODDS (%)
Bearish Trend 1 day ago
90%
Bullish Trend 1 day ago
84%
Stochastic
ODDS (%)
Bearish Trend 1 day ago
90%
Bearish Trend 1 day ago
82%
Momentum
ODDS (%)
Bullish Trend 1 day ago
83%
Bearish Trend 1 day ago
81%
MACD
ODDS (%)
Bullish Trend 1 day ago
90%
Bearish Trend 1 day ago
81%
TrendWeek
ODDS (%)
Bullish Trend 1 day ago
84%
Bearish Trend 1 day ago
87%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
83%
Bearish Trend 1 day ago
87%
Advances
ODDS (%)
Bullish Trend 8 days ago
81%
Bullish Trend 5 days ago
70%
Declines
ODDS (%)
Bearish Trend 24 days ago
86%
Bearish Trend 3 days ago
85%
BollingerBands
ODDS (%)
Bearish Trend 1 day ago
90%
Bullish Trend 1 day ago
79%
Aroon
ODDS (%)
Bullish Trend 1 day ago
84%
Bearish Trend 1 day ago
90%
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CODXDaily Signal changed days agoGain/Loss if shorted
 
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TMCIDaily Signal changed days agoGain/Loss if shorted
 
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CODX and

Correlation & Price change

A.I.dvisor tells us that CODX and TMCI have been poorly correlated (+28% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that CODX and TMCI's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CODX
1D Price
Change %
CODX100%
+2.46%
TMCI - CODX
28%
Poorly correlated
+6.13%
FLGT - CODX
26%
Poorly correlated
+2.44%
ILMN - CODX
26%
Poorly correlated
+0.66%
CLPT - CODX
26%
Poorly correlated
+1.67%
OPGN - CODX
25%
Poorly correlated
-2.43%
More

TMCI and

Correlation & Price change

A.I.dvisor indicates that over the last year, TMCI has been loosely correlated with INSP. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if TMCI jumps, then INSP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TMCI
1D Price
Change %
TMCI100%
+6.13%
INSP - TMCI
64%
Loosely correlated
+6.71%
ILMN - TMCI
48%
Loosely correlated
+0.66%
FNA - TMCI
44%
Loosely correlated
-13.16%
SMLR - TMCI
42%
Loosely correlated
+9.18%
CUTR - TMCI
41%
Loosely correlated
-7.17%
More