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COHR (Coherent) 6-1 Month Momentum % : -15.33% (As of Apr. 02, 2025)


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What is Coherent 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2025-04-02), Coherent's 6-1 Month Momentum % is -15.33%.

The industry rank for Coherent's 6-1 Month Momentum % or its related term are showing as below:

COHR's 6-1 Month Momentum % is ranked worse than
76.84% of 2440 companies
in the Hardware industry
Industry Median: -0.625 vs COHR: -15.33

Competitive Comparison of Coherent's 6-1 Month Momentum %

For the Scientific & Technical Instruments subindustry, Coherent's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coherent's 6-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Coherent's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Coherent's 6-1 Month Momentum % falls into.


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Coherent  (NYSE:COHR) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Coherent  (NYSE:COHR) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Coherent 6-1 Month Momentum % Related Terms

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Coherent Business Description

Traded in Other Exchanges
Address
375 Saxonburg Boulevard, Saxonburg, PA, USA, 16056
Coherent Corp engaged in materials, networking, and lasers, is a vertically integrated manufacturing company that develops, manufactures, and markets engineered materials, optoelectronic components and devices, and lasers for use in the industrial, communications, electronics and instrumentation markets. The firm operates in three segments Networking, Materials, and Lasers Segment. It generates maximum revenue from Networking segment. The company geographically operates in North America. Europe, China, Japan and Rest of the world.
Executives
Christopher Koeppen officer: Chief Innovation Officer C/O COHERENT CORP., 375 SAXONBURG BOULEVARD, SAXONBURG PA 16056
Howard H. Xia director C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Joseph J Corasanti director C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Elizabeth Patrick director 6400 POPLAR AVE, MEMPHIS TN 38197
Ronald Basso officer: Chief Legal & Compliance Off. C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Bashaw Walter Robert Ii officer: General Counsel C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Michael L Dreyer director C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Mattera Vincent D Jr officer: Vice President C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Richard J. Martucci officer: Interim CFO & Treasurer C/O COHERENT CORP., 375 SAXONBURG BOULEVARD, SAXONBURG PA 16056
Julie Sheridan Eng officer: Chief Technology Officer C/O COHERENT CORP., SAXONBURG PA 16056
Michelle M Sterling director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Mary Jane Raymond officer: Chief Financial Officer C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Ilaria Mocciaro officer: SVP, CAO and Corp Controller 2301 PATRIOT BLVD, GLENVIEW IL 60026
David L Motley director 517 AVONWORTH HEIGHTS DRIVE, PITTSBURGH PA 151237
Francis J Kramer director, officer: President & C.O.O. C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056