COHR vs. PSIX
COHR (Coherent Corp.) and PSIX (Power Solutions International, Inc.) are both stocks. COHR operates in Scientific & Technical Instruments (Technology), while PSIX operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, COHR returned 33.27%/yr vs 6.48%/yr for PSIX. At a 0.14 correlation, their price movements are largely independent.
Performance
COHR vs. PSIX - Performance Comparison
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Returns By Period
In the year-to-date period, COHR achieves a 81.88% return, which is significantly higher than PSIX's -35.81% return. Over the past 10 years, COHR has outperformed PSIX with an annualized return of 33.27%, while PSIX has yielded a comparatively lower 6.48% annualized return.
COHR
- 1D
- 0.70%
- 1M
- -10.95%
- 6M
- 80.14%
- YTD
- 81.88%
- 1Y
- 269.31%
- 3Y*
- 86.85%
- 5Y*
- 36.00%
- 10Y*
- 33.27%
PSIX
- 1D
- -1.08%
- 1M
- -2.47%
- 6M
- -46.47%
- YTD
- -35.81%
- 1Y
- -53.03%
- 3Y*
- 132.46%
- 5Y*
- 43.16%
- 10Y*
- 6.48%
COHR vs. PSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COHR Coherent Corp. | 81.88% | 94.84% | 117.62% | 24.02% | -48.63% | -10.04% | 125.60% | 3.73% | -30.86% | 58.35% |
PSIX Power Solutions International, Inc. | -35.81% | 92.07% | 1,351.22% | -31.67% | 0.00% | -9.09% | -58.23% | -14.59% | 23.33% | 0.00% |
Correlation
The correlation between COHR and PSIX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2012 | 0.14 |
Over the past year, COHR and PSIX have become more correlated (0.40) than their long-term average of 0.14, meaning their price movements have been converging.
Fundamentals
COHR:
$53.23B
PSIX:
$845.49M
COHR:
$1.85K
PSIX:
$4.43
COHR:
0.18
PSIX:
8.28
COHR:
0.03
PSIX:
0.08
COHR:
0.02
PSIX:
1.44
COHR:
$1.81T
PSIX:
$586.96M
COHR:
$1.76B
PSIX:
$172.81M
COHR:
$960.76M
PSIX:
$102.78M
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Return for Risk
COHR vs. PSIX — Risk / Return Rank
COHR
PSIX
COHR vs. PSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coherent Corp. (COHR) and Power Solutions International, Inc. (PSIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| COHR | PSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.07 | ||
| Sortino ratioReturn per unit of downside risk | +3.47 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 0.96 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 10.23 | -0.78 | +11.00 |
| Martin ratioReturn relative to average drawdown | 27.00 | -1.32 | +28.32 |
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Drawdowns
COHR vs. PSIX - Drawdown Comparison
The maximum COHR drawdown since its inception was -80.89%, smaller than the maximum PSIX drawdown of -98.55%. Use the drawdown chart below to compare losses from any high point for COHR and PSIX.
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Drawdown Indicators
| COHR | PSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.89% | -98.55% | +17.66% |
Max Drawdown (1Y)Largest decline over 1 year | -26.52% | -68.60% | +42.08% |
Max Drawdown (3Y)Largest decline over 3 years | -54.85% | -68.60% | +13.75% |
Max Drawdown (5Y)Largest decline over 5 years | -62.87% | -84.37% | +21.50% |
Max Drawdown (10Y)Largest decline over 10 years | -72.22% | -93.77% | +21.55% |
Current DrawdownCurrent decline from peak | -21.36% | -68.32% | +46.96% |
Average DrawdownAverage peak-to-trough decline | -34.98% | -68.20% | +33.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.03% | 40.16% | -30.13% |
Volatility
COHR vs. PSIX - Volatility Comparison
Coherent Corp. (COHR) has a higher volatility of 30.34% compared to Power Solutions International, Inc. (PSIX) at 16.15%. This indicates that COHR's price experiences larger fluctuations and is considered to be riskier than PSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COHR | PSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.34% | 16.15% | +14.19% |
Volatility (6M)Calculated over the trailing 6-month period | 60.62% | 89.17% | -28.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 76.60% | 101.22% | -24.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.43% | 112.96% | -50.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.98% | 105.97% | -48.99% |
Dividends
COHR vs. PSIX - Dividend Comparison
Neither COHR nor PSIX has paid dividends to shareholders.
Financials
COHR vs. PSIX - Financials Comparison
This section allows you to compare key financial metrics between Coherent Corp. and Power Solutions International, 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
Frequently Asked Questions
COHR and PSIX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COHR has higher volatility (30.34%) compared to PSIX (16.15%). In terms of maximum drawdown, COHR dropped -80.89% vs PSIX's -98.55%.
COHR currently has the higher Sharpe Ratio (3.55 vs -0.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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