CODX vs. MUSA
Compare and contrast key facts about Co-Diagnostics, Inc. (CODX) and Murphy USA Inc. (MUSA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CODX or MUSA.
Correlation
The correlation between CODX and MUSA is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CODX vs. MUSA - Performance Comparison
Key characteristics
CODX:
-0.44
MUSA:
0.68
CODX:
-0.24
MUSA:
1.11
CODX:
0.97
MUSA:
1.13
CODX:
-0.40
MUSA:
0.95
CODX:
-1.18
MUSA:
2.65
CODX:
32.90%
MUSA:
6.13%
CODX:
89.68%
MUSA:
23.82%
CODX:
-97.81%
MUSA:
-33.72%
CODX:
-97.70%
MUSA:
-17.04%
Fundamentals
CODX:
$22.34M
MUSA:
$9.60B
CODX:
-$1.38
MUSA:
$24.12
CODX:
0.00
MUSA:
2.22
CODX:
$1.05M
MUSA:
$20.24B
CODX:
-$357.98K
MUSA:
$5.78B
CODX:
-$27.15M
MUSA:
$951.70M
Returns By Period
In the year-to-date period, CODX achieves a -5.60% return, which is significantly higher than MUSA's -8.16% return.
CODX
-5.60%
-10.49%
-54.32%
-36.22%
-25.40%
N/A
MUSA
-8.16%
-5.18%
-9.07%
16.62%
35.54%
20.71%
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Risk-Adjusted Performance
CODX vs. MUSA — Risk-Adjusted Performance Rank
CODX
MUSA
CODX vs. MUSA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Co-Diagnostics, Inc. (CODX) and Murphy USA Inc. (MUSA). 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.
Dividends
CODX vs. MUSA - Dividend Comparison
CODX has not paid dividends to shareholders, while MUSA's dividend yield for the trailing twelve months is around 0.39%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
CODX Co-Diagnostics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MUSA Murphy USA Inc. | 0.39% | 0.36% | 0.43% | 0.45% | 0.52% | 0.19% |
Drawdowns
CODX vs. MUSA - Drawdown Comparison
The maximum CODX drawdown since its inception was -97.81%, which is greater than MUSA's maximum drawdown of -33.72%. Use the drawdown chart below to compare losses from any high point for CODX and MUSA. For additional features, visit the drawdowns tool.
Volatility
CODX vs. MUSA - Volatility Comparison
Co-Diagnostics, Inc. (CODX) has a higher volatility of 14.54% compared to Murphy USA Inc. (MUSA) at 8.18%. This indicates that CODX's price experiences larger fluctuations and is considered to be riskier than MUSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CODX vs. MUSA - Financials Comparison
This section allows you to compare key financial metrics between Co-Diagnostics, Inc. and Murphy USA Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities