Coherent Corp. is Benefitting From AI
| COHR Stock | USD 94.73 0.11 0.12% |
Slightly above 62% of Coherent's investor base is looking to short. The analysis of overall sentiment of trading Coherent stock suggests that many investors are alarmed at this time. Coherent's investing sentiment overview a quick insight into current market opportunities from investing in Coherent. Many technical investors use Coherent stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Coherent |
Invesco Distributors, Inc., an investment management firm, released its Invesco Small Cap Value Fund third quarter 2024 investor letter. A copy of the letter can be downloaded here.
Read at insidermonkey.com
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Coherent Fundamental Analysis
We analyze Coherent's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Coherent using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Coherent based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Coherent is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Coherent Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Coherent stock to make a market-neutral strategy. Peer analysis of Coherent could also be used in its relative valuation, which is a method of valuing Coherent by comparing valuation metrics with similar companies.
Peers
Coherent Related Equities
| LITE | Lumentum Holdings | 1.97 | ||||
| MKSI | MKS Instruments | 1.56 | ||||
| IPGP | IPG Photonics | 0.65 | ||||
| CGNX | Cognex | 0.45 |
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.