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.
Correlation
The correlation between COHR and OLED is 0.36, 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
Key characteristics
COHR:
2.28
OLED:
-0.46
COHR:
3.07
OLED:
-0.38
COHR:
1.37
OLED:
0.94
COHR:
2.17
OLED:
-0.46
COHR:
12.53
OLED:
-1.15
COHR:
10.25%
OLED:
16.48%
COHR:
56.31%
OLED:
40.91%
COHR:
-80.89%
OLED:
-85.55%
COHR:
-12.81%
OLED:
-40.68%
Fundamentals
COHR:
$16.68B
OLED:
$7.40B
COHR:
-$1.23
OLED:
$4.98
COHR:
0.34
OLED:
1.04
COHR:
$5.00B
OLED:
$643.71M
COHR:
$1.61B
OLED:
$481.01M
COHR:
$800.96M
OLED:
$285.00M
Returns By Period
In the year-to-date period, COHR achieves a 124.37% return, which is significantly higher than OLED's -21.12% return. Over the past 10 years, COHR has outperformed OLED with an annualized return of 21.73%, while OLED has yielded a comparatively lower 18.84% annualized return.
COHR
124.37%
-5.52%
35.78%
121.93%
23.66%
21.73%
OLED
-21.12%
-9.64%
-28.28%
-20.10%
-5.05%
18.84%
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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 1.07%.
| 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 | 1.07% | 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 -85.55%. 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 16.00% compared to Universal Display Corporation (OLED) at 9.27%. 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