Coherent Non Current Liabilities Other from 2010 to 2025

COHR Stock  USD 65.73  2.17  3.20%   
Coherent Non Current Liabilities Other yearly trend continues to be relatively stable with very little volatility. Non Current Liabilities Other is likely to drop to about 168.6 M. During the period from 2010 to 2025, Coherent Non Current Liabilities Other destribution of quarterly values had range of 137.5 M from its regression line and mean deviation of  26,193,248. View All Fundamentals
 
Non Current Liabilities Other  
First Reported
2011-06-30
Previous Quarter
226.3 M
Current Value
214 M
Quarterly Volatility
103.8 M
 
Yuan Drop
 
Covid
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 715.8 M, Interest Expense of 301.2 M or Selling General Administrative of 1.1 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.
  
Check out the analysis of Coherent Correlation against competitors.
To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.

Latest Coherent's Non Current Liabilities Other Growth Pattern

Below is the plot of the Non Current Liabilities Other of Coherent over the last few years. It is Coherent's Non Current Liabilities Other 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.
Non Current Liabilities Other10 Years Trend
Slightly volatile
   Non Current Liabilities Other   
       Timeline  

Coherent Non Current Liabilities Other Regression Statistics

Arithmetic Mean170,223,004
Geometric Mean166,747,826
Coefficient Of Variation21.96
Mean Deviation26,193,248
Median158,674,000
Standard Deviation37,382,980
Sample Variance1397.5T
Range137.5M
R-Value0.45
Mean Square Error1197.2T
R-Squared0.20
Significance0.08
Slope3,515,522
Total Sum of Squares20962.3T

Coherent Non Current Liabilities Other History

2025168.6 M
2023225.4 M
2022247.4 M
2021109.9 M
2020138.1 M

About Coherent Financial Statements

Coherent shareholders use historical fundamental indicators, such as Non Current Liabilities Other, 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 ReportedProjected for Next Year
Non Current Liabilities Other247.4 M168.6 M

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

  0.86ELSE Electro SensorsPairCorr

Moving against Coherent Stock

  0.7ESE ESCO TechnologiesPairCorr
  0.47SVREW SaverOne 2014PairCorr
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.
Pair CorrelationCorrelation Matching

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.