COHR vs. OLED
Compare and contrast key facts about Coherent, Inc. (COHR) and Universal Display Corporation (OLED).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COHR or OLED.
Key characteristics
| COHR | OLED | |
|---|---|---|
| YTD Return | 28.28% | -15.08% |
| 1Y Return | 63.56% | 22.49% |
| 3Y Return (Ann) | -6.00% | -9.48% |
| 5Y Return (Ann) | 8.46% | 1.22% |
| 10Y Return (Ann) | 14.56% | 20.45% |
| Sharpe Ratio | 1.05 | 0.68 |
| Daily Std Dev | 63.41% | 34.02% |
| Max Drawdown | -80.89% | -95.77% |
| Current Drawdown | -43.92% | -36.13% |
Fundamentals
| COHR | OLED | |
|---|---|---|
| Market Cap | $8.36B | $7.51B |
| EPS | -$2.82 | $4.24 |
| PE Ratio | 23.99 | 37.34 |
| PEG Ratio | 0.34 | 1.04 |
| Revenue (TTM) | $4.63B | $576.43M |
| Gross Profit (TTM) | $1.78B | $479.52M |
| EBITDA (TTM) | $992.15M | $260.59M |
Correlation
The correlation between COHR and OLED is 0.32, 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
COHR vs. OLED - Performance Comparison
In the year-to-date period, COHR achieves a 28.28% return, which is significantly higher than OLED's -15.08% return. Over the past 10 years, COHR has underperformed OLED with an annualized return of 14.56%, while OLED has yielded a comparatively higher 20.45% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
COHR vs. OLED - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Coherent, Inc. (COHR) and Universal Display Corporation (OLED). 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
COHR vs. OLED - Dividend Comparison
COHR has not paid dividends to shareholders, while OLED's dividend yield for the trailing twelve months is around 0.89%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
COHR Coherent, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OLED Universal Display Corporation | 0.89% | 0.73% | 1.11% | 0.48% | 0.26% | 0.19% | 0.26% | 0.07% |
Drawdowns
COHR vs. OLED - Drawdown Comparison
The maximum COHR drawdown since its inception was -80.89%, smaller than the maximum OLED drawdown of -95.77%. Use the drawdown chart below to compare losses from any high point for COHR and OLED. For additional features, visit the drawdowns tool.
Volatility
COHR vs. OLED - Volatility Comparison
Coherent, Inc. (COHR) has a higher volatility of 10.99% compared to Universal Display Corporation (OLED) at 7.46%. This indicates that COHR's price experiences larger fluctuations and is considered to be riskier than OLED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
COHR vs. OLED - Financials Comparison
This section allows you to compare key financial metrics between Coherent, Inc. and Universal Display Corporation. 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