Coherent Stock Performance

COHR
 Stock
  

USD 35.35  1.35  3.68%   

The firm shows a Beta (market volatility) of 1.5312, which signifies a somewhat significant risk relative to the market. Let's try to break down what Coherent's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Coherent will likely underperform. Even though it is essential to pay attention to Coherent historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Coherent exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Coherent has an expected return of -0.3%. Please be advised to confirm Coherent value at risk, and the relationship between the jensen alpha and skewness to decide if Coherent performance from the past will be repeated at some point in the near future.
  
Coherent Performance
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Over the last 90 days Coherent has generated negative risk-adjusted returns adding no value to investors with long positions. Even with conflicting performance in the last few months, the Stock's technical indicators remain relatively invariable which may send shares a bit higher in January 2023. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more

Structure and Payout Changes

Last Split Factor
2:1
Dividend Date
2012-12-27
Ex Dividend Date
2012-12-17
Last Split Date
2011-06-27

Coherent Price Channel

Begin Period Cash Flow1591892000.00
Total Cashflows From Investing Activities-320082000.00

Coherent Relative Risk vs. Return Landscape

If you would invest  4,489  in Coherent on September 10, 2022 and sell it today you would lose (954.00)  from holding Coherent or give up 21.25% of portfolio value over 90 days. Coherent is currently does not generate positive expected returns and assumes 3.8432% risk (volatility on return distribution) over the 90 days horizon. In different words, 33% of stocks are less volatile than Coherent, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Coherent is expected to under-perform the market. In addition to that, the company is 2.57 times more volatile than its market benchmark. It trades about -0.08 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.0 per unit of volatility.

Coherent Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Coherent's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Coherent, and traders can use it to determine the average amount a Coherent's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0783

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Estimated Market Risk
 3.84
  actual daily
 
 33 %
of total potential
 
3333
Expected Return
 -0.3
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.08
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Coherent is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Coherent by adding it to a well-diversified portfolio.

About Coherent Performance

To evaluate Coherent Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Coherent generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Coherent Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Coherent market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Coherent's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash34.3 M37 M
Return on Investment 6.80  9.20 
Return on Average Assets 3.27  3.36 
Return on Average Equity 5.51  7.92 
Return on Invested Capital 0.11  0.11 
Return on Sales 0.12  0.11 

Things to note about Coherent

Checking the ongoing alerts about Coherent for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Coherent help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Coherent Alerts

Equity Alerts and Improvement Suggestions

Coherent generated a negative expected return over the last 90 days
Coherent has high historical volatility and very poor performance
Coherent was previously known as IIVI Old and was traded on NASDAQ Exchange under the symbol IIVI.
Over 90.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Medical Terahertz Technology Market is Expected to Hit Revenue of US 135.29 Mn in 2022 and is Estimated to Reach US 768.05 Mn, Growing at a CAGR of 17.1 percent by year 2032-end Future Market Insights, Inc. - Yahoo Finance
Continue to Trending Equities. Note that the Coherent information on this page should be used as a complementary analysis to other Coherent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Coherent price analysis, check to measure Coherent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coherent is operating at the current time. Most of Coherent's value examination focuses on studying past and present price action to predict the probability of Coherent's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Coherent's price. Additionally, you may evaluate how the addition of Coherent to your portfolios can decrease your overall portfolio volatility.
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Is Coherent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coherent. If investors know Coherent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coherent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.61) 
Market Capitalization
6.6 B
Quarterly Revenue Growth YOY
0.691
Return On Assets
0.0299
Return On Equity
0.0214
The market value of Coherent is measured differently than its book value, which is the value of Coherent that is recorded on the company's balance sheet. Investors also form their own opinion of Coherent's value that differs from its market value or its book value, called intrinsic value, which is Coherent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coherent's market value can be influenced by many factors that don't directly affect Coherent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coherent's value and its price as these two are different measures arrived at by different means. Investors typically determine Coherent value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coherent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.