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CODX vs. CRT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CODX and CRT is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

CODX vs. CRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Co-Diagnostics, Inc. (CODX) and Cross Timbers Royalty Trust (CRT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

CODX:

39.32%

CRT:

12.60%

Max Drawdown

CODX:

-4.31%

CRT:

-0.59%

Current Drawdown

CODX:

-4.31%

CRT:

-0.59%

Fundamentals

Market Cap

CODX:

$11.41M

CRT:

$60.18M

EPS

CODX:

-$1.24

CRT:

$0.95

PEG Ratio

CODX:

0.00

CRT:

0.00

PS Ratio

CODX:

2.91

CRT:

9.09

PB Ratio

CODX:

0.21

CRT:

24.81

Total Revenue (TTM)

CODX:

$951.57K

CRT:

$4.74M

Gross Profit (TTM)

CODX:

-$151.39K

CRT:

$7.89M

EBITDA (TTM)

CODX:

-$28.78M

CRT:

$4.23M

Returns By Period


CODX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

CRT

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

CODX vs. CRT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CODX
The Risk-Adjusted Performance Rank of CODX is 99
Overall Rank
The Sharpe Ratio Rank of CODX is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of CODX is 77
Sortino Ratio Rank
The Omega Ratio Rank of CODX is 1010
Omega Ratio Rank
The Calmar Ratio Rank of CODX is 88
Calmar Ratio Rank
The Martin Ratio Rank of CODX is 77
Martin Ratio Rank

CRT
The Risk-Adjusted Performance Rank of CRT is 3030
Overall Rank
The Sharpe Ratio Rank of CRT is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of CRT is 2626
Sortino Ratio Rank
The Omega Ratio Rank of CRT is 2828
Omega Ratio Rank
The Calmar Ratio Rank of CRT is 3535
Calmar Ratio Rank
The Martin Ratio Rank of CRT is 3636
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CODX vs. CRT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Co-Diagnostics, Inc. (CODX) and Cross Timbers Royalty Trust (CRT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.



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Dividends

CODX vs. CRT - Dividend Comparison

CODX has not paid dividends to shareholders, while CRT's dividend yield for the trailing twelve months is around 8.88%.


TTM20242023202220212020201920182017201620152014
CODX
Co-Diagnostics, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CRT
Cross Timbers Royalty Trust
8.88%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

CODX vs. CRT - Drawdown Comparison

The maximum CODX drawdown since its inception was -4.31%, which is greater than CRT's maximum drawdown of -0.59%. Use the drawdown chart below to compare losses from any high point for CODX and CRT. For additional features, visit the drawdowns tool.


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Volatility

CODX vs. CRT - Volatility Comparison


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Financials

CODX vs. CRT - Financials Comparison

This section allows you to compare key financial metrics between Co-Diagnostics, Inc. and Cross Timbers Royalty Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.005.00M10.00M15.00M20.00M25.00M30.00M35.00MAprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
149.33K
1.46M
(CODX) Total Revenue
(CRT) Total Revenue
Values in USD except per share items