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OLED vs. COHR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between OLED and COHR is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

OLED vs. COHR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Universal Display Corporation (OLED) and Coherent, Inc. (COHR). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

OLED:

-0.32

COHR:

0.41

Sortino Ratio

OLED:

-0.13

COHR:

1.03

Omega Ratio

OLED:

0.98

COHR:

1.14

Calmar Ratio

OLED:

-0.30

COHR:

0.50

Martin Ratio

OLED:

-0.60

COHR:

1.27

Ulcer Index

OLED:

28.34%

COHR:

21.81%

Daily Std Dev

OLED:

51.46%

COHR:

72.82%

Max Drawdown

OLED:

-85.55%

COHR:

-80.89%

Current Drawdown

OLED:

-42.73%

COHR:

-37.00%

Fundamentals

Market Cap

OLED:

$6.84B

COHR:

$10.94B

EPS

OLED:

$4.81

COHR:

-$0.22

PEG Ratio

OLED:

1.23

COHR:

0.34

PS Ratio

OLED:

10.54

COHR:

2.06

PB Ratio

OLED:

4.07

COHR:

2.04

Total Revenue (TTM)

OLED:

$648.70M

COHR:

$5.60B

Gross Profit (TTM)

OLED:

$489.70M

COHR:

$1.93B

EBITDA (TTM)

OLED:

$270.38M

COHR:

$742.80M

Returns By Period

In the year-to-date period, OLED achieves a -1.27% return, which is significantly higher than COHR's -25.50% return. Over the past 10 years, OLED has underperformed COHR with an annualized return of 11.81%, while COHR has yielded a comparatively higher 14.61% annualized return.


OLED

YTD

-1.27%

1M

33.11%

6M

-19.55%

1Y

-15.09%

5Y*

0.11%

10Y*

11.81%

COHR

YTD

-25.50%

1M

27.29%

6M

-35.86%

1Y

31.44%

5Y*

14.31%

10Y*

14.61%

*Annualized

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Risk-Adjusted Performance

OLED vs. COHR — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OLED
The Risk-Adjusted Performance Rank of OLED is 3434
Overall Rank
The Sharpe Ratio Rank of OLED is 3434
Sharpe Ratio Rank
The Sortino Ratio Rank of OLED is 3333
Sortino Ratio Rank
The Omega Ratio Rank of OLED is 3232
Omega Ratio Rank
The Calmar Ratio Rank of OLED is 3333
Calmar Ratio Rank
The Martin Ratio Rank of OLED is 3939
Martin Ratio Rank

COHR
The Risk-Adjusted Performance Rank of COHR is 6868
Overall Rank
The Sharpe Ratio Rank of COHR is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of COHR is 6767
Sortino Ratio Rank
The Omega Ratio Rank of COHR is 6666
Omega Ratio Rank
The Calmar Ratio Rank of COHR is 7474
Calmar Ratio Rank
The Martin Ratio Rank of COHR is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current OLED Sharpe Ratio is -0.32, which is lower than the COHR Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of OLED and COHR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

OLED vs. COHR - Dividend Comparison

OLED's dividend yield for the trailing twelve months is around 1.15%, while COHR has not paid dividends to shareholders.


TTM20242023202220212020201920182017
OLED
Universal Display Corporation
1.15%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.


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Volatility

OLED vs. COHR - Volatility Comparison

Universal Display Corporation (OLED) and Coherent, Inc. (COHR) have volatilities of 21.37% and 20.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00500.00M1.00B1.50B20212022202320242025
166.28M
1.50B
(OLED) Total Revenue
(COHR) Total Revenue
Values in USD except per share items

OLED vs. COHR - Profitability Comparison

The chart below illustrates the profitability comparison between Universal Display Corporation and Coherent, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

30.0%40.0%50.0%60.0%70.0%80.0%20212022202320242025
77.1%
35.2%
(OLED) Gross Margin
(COHR) Gross Margin
OLED - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Universal Display Corporation reported a gross profit of 128.14M and revenue of 166.28M. Therefore, the gross margin over that period was 77.1%.

COHR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Coherent, Inc. reported a gross profit of 527.69M and revenue of 1.50B. Therefore, the gross margin over that period was 35.2%.

OLED - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Universal Display Corporation reported an operating income of 69.66M and revenue of 166.28M, resulting in an operating margin of 41.9%.

COHR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Coherent, Inc. reported an operating income of 145.52M and revenue of 1.50B, resulting in an operating margin of 9.7%.

OLED - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Universal Display Corporation reported a net income of 64.44M and revenue of 166.28M, resulting in a net margin of 38.8%.

COHR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Coherent, Inc. reported a net income of 15.71M and revenue of 1.50B, resulting in a net margin of 1.1%.