OPXS vs. CODA
OPXS (Optex Systems Holdings Inc. Common Stock) and CODA (Coda Octopus Group, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, OPXS returned 22.85%/yr vs 14.16%/yr for CODA. At a 0.04 correlation, their price movements are largely independent.
Performance
OPXS vs. CODA - Performance Comparison
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Returns By Period
In the year-to-date period, OPXS achieves a -8.25% return, which is significantly lower than CODA's 7.53% return. Over the past 10 years, OPXS has outperformed CODA with an annualized return of 22.85%, while CODA has yielded a comparatively lower 14.16% annualized return.
OPXS
- 1D
- 4.58%
- 1M
- 26.80%
- YTD
- -8.25%
- 6M
- -4.34%
- 1Y
- 25.70%
- 3Y*
- 59.77%
- 5Y*
- 55.96%
- 10Y*
- 22.85%
CODA
- 1D
- 8.23%
- 1M
- -10.07%
- YTD
- 7.53%
- 6M
- 8.70%
- 1Y
- 36.61%
- 3Y*
- 6.20%
- 5Y*
- 1.25%
- 10Y*
- 14.16%
OPXS vs. CODA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OPXS Optex Systems Holdings Inc. Common Stock | -8.25% | 106.71% | 4.66% | 122.19% | 57.75% | 5.06% | -9.64% | 50.38% | 23.80% | 70.34% |
CODA Coda Octopus Group, Inc. | 7.53% | 18.77% | 30.07% | -12.24% | -14.25% | 27.19% | -24.85% | 43.81% | 21.96% | 94.00% |
Correlation
The correlation between OPXS and CODA is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since May 4, 2009 | 0.04 |
Over the past year, OPXS and CODA have become more correlated (0.26) than their long-term average of 0.04, meaning their price movements have been converging.
Fundamentals
OPXS:
$127.40
CODA:
$0.44
OPXS:
0.10
CODA:
22.86
OPXS:
0.02
CODA:
4.04
OPXS:
$3.78B
CODA:
$27.95M
OPXS:
$1.45B
CODA:
$18.68M
OPXS:
$664.48M
CODA:
$7.80M
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Return for Risk
OPXS vs. CODA — Risk / Return Rank
OPXS
CODA
OPXS vs. CODA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Optex Systems Holdings Inc. Common Stock (OPXS) and Coda Octopus Group, Inc. (CODA). 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.
| OPXS | CODA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.15 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 0.82 | -0.20 |
| Martin ratioReturn relative to average drawdown | 1.20 | 2.11 | -0.91 |
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Drawdowns
OPXS vs. CODA - Drawdown Comparison
The maximum OPXS drawdown since its inception was -99.87%, roughly equal to the maximum CODA drawdown of -99.44%. Use the drawdown chart below to compare losses from any high point for OPXS and CODA.
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Drawdown Indicators
| OPXS | CODA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.87% | -99.44% | -0.43% |
Max Drawdown (1Y)Largest decline over 1 year | -41.80% | -44.87% | +3.07% |
Max Drawdown (3Y)Largest decline over 3 years | -45.68% | -44.87% | -0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -45.68% | -50.14% | +4.46% |
Max Drawdown (10Y)Largest decline over 10 years | -76.40% | -76.78% | +0.38% |
Current DrawdownCurrent decline from peak | -96.97% | -47.29% | -49.68% |
Average DrawdownAverage peak-to-trough decline | -95.70% | -61.09% | -34.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.51% | 17.40% | +4.11% |
Volatility
OPXS vs. CODA - Volatility Comparison
The current volatility for Optex Systems Holdings Inc. Common Stock (OPXS) is 19.06%, while Coda Octopus Group, Inc. (CODA) has a volatility of 24.65%. This indicates that OPXS experiences smaller price fluctuations and is considered to be less risky than CODA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OPXS | CODA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.06% | 24.65% | -5.59% |
Volatility (6M)Calculated over the trailing 6-month period | 47.17% | 51.62% | -4.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.17% | 64.56% | +8.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.32% | 49.54% | +4.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.08% | 66.77% | -6.69% |
Dividends
OPXS vs. CODA - Dividend Comparison
Neither OPXS nor CODA has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CODA Coda Octopus Group, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OPXS Optex Systems Holdings Inc. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.05% | 3.64% |
Financials
OPXS vs. CODA - Financials Comparison
This section allows you to compare key financial metrics between Optex Systems Holdings Inc. Common Stock and Coda Octopus Group, 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
OPXS vs. CODA - Profitability Comparison
OPXS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Optex Systems Holdings Inc. Common Stock reported a gross profit of 1.44B and revenue of 3.75B. Therefore, the gross margin over that period was 38.3%.
CODA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coda Octopus Group, Inc. reported a gross profit of 4.58M and revenue of 6.90M. Therefore, the gross margin over that period was 66.3%.
OPXS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Optex Systems Holdings Inc. Common Stock reported an operating income of 660.00M and revenue of 3.75B, resulting in an operating margin of 17.6%.
CODA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coda Octopus Group, Inc. reported an operating income of 1.79M and revenue of 6.90M, resulting in an operating margin of 26.0%.
OPXS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Optex Systems Holdings Inc. Common Stock reported a net income of 660.00M and revenue of 3.75B, resulting in a net margin of 17.6%.
CODA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coda Octopus Group, Inc. reported a net income of 1.70M and revenue of 6.90M, resulting in a net margin of 24.6%.
Frequently Asked Questions
OPXS and CODA have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CODA has higher volatility (24.65%) compared to OPXS (19.06%). In terms of maximum drawdown, OPXS dropped -99.87% vs CODA's -99.44%.
CODA currently has the higher Sharpe Ratio (0.57 vs 0.36), 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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