OLED vs. COHR
Compare and contrast key facts about Universal Display Corporation (OLED) and Coherent, Inc. (COHR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OLED or COHR.
Correlation
The correlation between OLED and COHR 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
OLED vs. COHR - Performance Comparison
Key characteristics
OLED:
-0.10
COHR:
0.25
OLED:
0.15
COHR:
0.79
OLED:
1.02
COHR:
1.10
OLED:
-0.10
COHR:
0.30
OLED:
-0.18
COHR:
1.00
OLED:
22.92%
COHR:
15.24%
OLED:
41.99%
COHR:
62.17%
OLED:
-85.55%
COHR:
-80.89%
OLED:
-39.76%
COHR:
-38.66%
Fundamentals
OLED:
$7.33B
COHR:
$10.13B
OLED:
$4.65
COHR:
-$0.40
OLED:
1.23
COHR:
0.34
OLED:
$647.68M
COHR:
$5.31B
OLED:
$483.65M
COHR:
$1.77B
OLED:
$260.91M
COHR:
$952.81M
Returns By Period
In the year-to-date period, OLED achieves a 3.85% return, which is significantly higher than COHR's -27.47% return. Over the past 10 years, OLED has underperformed COHR with an annualized return of 12.98%, while COHR has yielded a comparatively higher 14.11% annualized return.
OLED
3.85%
4.70%
-27.81%
-5.46%
6.67%
12.98%
COHR
-27.47%
-22.52%
-20.16%
14.50%
21.89%
14.11%
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Risk-Adjusted Performance
OLED vs. COHR — Risk-Adjusted Performance Rank
OLED
COHR
OLED vs. COHR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Universal Display Corporation (OLED) 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.
Dividends
OLED vs. COHR - Dividend Comparison
OLED's dividend yield for the trailing twelve months is around 1.09%, while COHR has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
OLED Universal Display Corporation | 1.09% | 1.09% | 0.73% | 1.11% | 0.48% | 0.26% | 0.19% | 0.26% | 0.07% |
COHR Coherent, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
OLED vs. COHR - Drawdown Comparison
The maximum OLED drawdown since its inception was -85.55%, which is greater than COHR's maximum drawdown of -80.89%. Use the drawdown chart below to compare losses from any high point for OLED and COHR. For additional features, visit the drawdowns tool.
Volatility
OLED vs. COHR - Volatility Comparison
The current volatility for Universal Display Corporation (OLED) is 15.51%, while Coherent, Inc. (COHR) has a volatility of 22.24%. This indicates that OLED 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.
Financials
OLED vs. COHR - Financials Comparison
This section allows you to compare key financial metrics between Universal Display Corporation 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