Coherent Gross Profit from 2010 to 2024
COHR Stock | USD 100.16 2.07 2.11% |
Gross Profit | First Reported 1985-09-30 | Previous Quarter 431.9 M | Current Value 460 M | Quarterly Volatility 110.5 M |
Check Coherent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Coherent's main balance sheet or income statement drivers, such as Depreciation And Amortization of 681.7 M, Interest Expense of 286.9 M or Selling General Administrative of 1 B, as well as many indicators such as Price To Sales Ratio of 1.54, Dividend Yield of 0.0032 or PTB Ratio of 1.75. Coherent financial statements analysis is a perfect complement when working with Coherent Valuation or Volatility modules.
Coherent | Gross Profit |
Latest Coherent's Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Coherent over the last few years. Gross profit is a required income statement account that reflects total revenue of Coherent minus its cost of goods sold. It is profit before Coherent operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Coherent's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Coherent's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 1.78 B | 10 Years Trend |
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Gross Profit |
Timeline |
Coherent Gross Profit Regression Statistics
Arithmetic Mean | 704,661,867 | |
Geometric Mean | 396,024,530 | |
Coefficient Of Variation | 81.32 | |
Mean Deviation | 502,109,040 | |
Median | 462,203,000 | |
Standard Deviation | 573,028,508 | |
Sample Variance | 328361.7T | |
Range | 1.6B | |
R-Value | 0.95 | |
Mean Square Error | 33665.8T | |
R-Squared | 0.90 | |
Slope | 121,881,211 | |
Total Sum of Squares | 4597063.4T |
Coherent Gross Profit History
Other Fundumenentals of Coherent
Coherent Gross Profit component correlations
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About Coherent Financial Statements
Coherent shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Coherent investors may analyze each financial statement separately, they are all interrelated. The changes in Coherent's assets and liabilities, for example, are also reflected in the revenues and expenses on on Coherent's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Gross Profit | 1.5 B | 1.6 B | |
Gross Profit Margin | 0.31 | 0.47 |
Pair Trading with Coherent
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Coherent position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Coherent will appreciate offsetting losses from the drop in the long position's value.Moving together with Coherent Stock
Moving against Coherent Stock
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0.7 | KNW | Know Labs Fiscal Year End 17th of December 2024 | PairCorr |
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0.61 | VPG | Vishay Precision | PairCorr |
0.5 | ST | Sensata Technologies | PairCorr |
The ability to find closely correlated positions to Coherent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coherent when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Coherent - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Coherent to buy it.
The correlation of Coherent is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Coherent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coherent moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Coherent can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Coherent Stock Analysis
When running Coherent's 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 the 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.