MYRG vs. COHR
MYRG (MYR Group Inc.) and COHR (Coherent, Inc.) are both stocks. MYRG operates in Engineering & Construction (Industrials), while COHR operates in Scientific & Technical Instruments (Technology). Over the past 10 years, MYRG returned 33.75%/yr vs 35.23%/yr for COHR. At a 0.38 correlation, their price movements are largely independent.
Performance
MYRG vs. COHR - Performance Comparison
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Returns By Period
In the year-to-date period, MYRG achieves a 106.59% return, which is significantly lower than COHR's 128.59% return. Both investments have delivered pretty close results over the past 10 years, with MYRG having a 33.75% annualized return and COHR not far ahead at 35.23%.
MYRG
- 1D
- 2.28%
- 1M
- -3.66%
- YTD
- 106.59%
- 6M
- 96.06%
- 1Y
- 181.61%
- 3Y*
- 50.43%
- 5Y*
- 38.46%
- 10Y*
- 33.75%
COHR
- 1D
- 1.07%
- 1M
- 25.67%
- YTD
- 128.59%
- 6M
- 137.89%
- 1Y
- 416.84%
- 3Y*
- 123.42%
- 5Y*
- 43.54%
- 10Y*
- 35.23%
MYRG vs. COHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MYRG MYR Group Inc. | 106.59% | 46.87% | 2.86% | 57.09% | -16.72% | 83.94% | 84.41% | 15.69% | -21.16% | -5.18% |
COHR Coherent, Inc. | 128.59% | 94.84% | 117.62% | 24.02% | -48.63% | -10.04% | 125.60% | 3.73% | -30.86% | 58.35% |
Correlation
The correlation between MYRG and COHR is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2008 | 0.38 |
Fundamentals
MYRG:
$9.07
COHR:
$1.64K
MYRG:
49.76
COHR:
0.26
MYRG:
0.79
COHR:
0.04
MYRG:
1.85
COHR:
0.03
MYRG:
$3.82B
COHR:
$1.81T
MYRG:
$461.34M
COHR:
$1.76B
MYRG:
$248.38M
COHR:
$960.76M
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Return for Risk
MYRG vs. COHR — Risk / Return Rank
MYRG
COHR
MYRG vs. COHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MYR Group Inc. (MYRG) and Coherent, Inc. (COHR). 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.
| MYRG | COHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.80 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.60 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 13.39 | 15.85 | -2.46 |
| Martin ratioReturn relative to average drawdown | 36.89 | 44.41 | -7.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MYRG | COHR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.08 | 5.88 | -1.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | 0.72 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.63 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.33 | +0.14 |
Drawdowns
MYRG vs. COHR - Drawdown Comparison
The maximum MYRG drawdown since its inception was -64.46%, smaller than the maximum COHR drawdown of -80.89%. Use the drawdown chart below to compare losses from any high point for MYRG and COHR.
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Drawdown Indicators
| MYRG | COHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.46% | -80.89% | +16.43% |
Max Drawdown (1Y)Largest decline over 1 year | -13.65% | -26.52% | +12.87% |
Max Drawdown (3Y)Largest decline over 3 years | -50.29% | -54.85% | +4.56% |
Max Drawdown (5Y)Largest decline over 5 years | -50.29% | -62.87% | +12.58% |
Max Drawdown (10Y)Largest decline over 10 years | -61.52% | -72.22% | +10.70% |
Current DrawdownCurrent decline from peak | -5.75% | -1.17% | -4.58% |
Average DrawdownAverage peak-to-trough decline | -17.50% | -35.03% | +17.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 9.45% | -4.51% |
Volatility
MYRG vs. COHR - Volatility Comparison
The current volatility for MYR Group Inc. (MYRG) is 12.90%, while Coherent, Inc. (COHR) has a volatility of 26.47%. This indicates that MYRG experiences smaller price fluctuations and is considered to be less risky than COHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MYRG | COHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.90% | 26.47% | -13.57% |
Volatility (6M)Calculated over the trailing 6-month period | 35.12% | 54.45% | -19.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.80% | 71.44% | -26.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.57% | 61.11% | -19.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.63% | 56.27% | -12.64% |
Dividends
MYRG vs. COHR - Dividend Comparison
Neither MYRG nor COHR has paid dividends to shareholders.
Financials
MYRG vs. COHR - Financials Comparison
This section allows you to compare key financial metrics between MYR Group Inc. and Coherent, 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
MYRG vs. COHR - Profitability Comparison
MYRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MYR Group Inc. reported a gross profit of 134.44M and revenue of 1.00B. Therefore, the gross margin over that period was 13.4%.
COHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coherent, Inc. reported a gross profit of 0.00 and revenue of 1.81T. Therefore, the gross margin over that period was 0.0%.
MYRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MYR Group Inc. reported an operating income of 64.72M and revenue of 1.00B, resulting in an operating margin of 6.5%.
COHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coherent, Inc. reported an operating income of 0.00 and revenue of 1.81T, resulting in an operating margin of 0.0%.
MYRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MYR Group Inc. reported a net income of 46.80M and revenue of 1.00B, resulting in a net margin of 4.7%.
COHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coherent, Inc. reported a net income of 191.40B and revenue of 1.81T, resulting in a net margin of 10.6%.
Frequently Asked Questions
MYRG and COHR have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COHR has higher volatility (26.47%) compared to MYRG (12.90%). In terms of maximum drawdown, MYRG dropped -64.46% vs COHR's -80.89%.
COHR currently has the higher Sharpe Ratio (5.88 vs 4.08), 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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