Stryker Stock Alpha and Beta Analysis
SYK Stock | USD 326.63 1.49 0.45% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Stryker. It also helps investors analyze the systematic and unsystematic risks associated with investing in Stryker over a specified time horizon. Remember, high Stryker's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Stryker's market risk premium analysis include:
Beta 0.64 | Alpha 0.019 | Risk 1 | Sharpe Ratio (0.07) | Expected Return (0.07) |
Stryker Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Stryker |
Stryker Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Stryker market risk premium is the additional return an investor will receive from holding Stryker long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Stryker. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Stryker's performance over market.α | 0.02 | β | 0.64 |
Stryker expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Stryker's Buy-and-hold return. Our buy-and-hold chart shows how Stryker performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Stryker Market Price Analysis
Market price analysis indicators help investors to evaluate how Stryker stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stryker shares will generate the highest return on investment. By understating and applying Stryker stock market price indicators, traders can identify Stryker position entry and exit signals to maximize returns.
Stryker Return and Market Media
The median price of Stryker for the period between Sat, Feb 3, 2024 and Fri, May 3, 2024 is 348.5 with a coefficient of variation of 2.73. The daily time series for the period is distributed with a sample standard deviation of 9.42, arithmetic mean of 345.51, and mean deviation of 7.87. The Stock received a lot of media exposure during the period. Price Growth (%) |
Timeline |
1 | Acquisition by Yin Becker of 3060 shares of Stryker at 339.77 subject to Rule 16b-3 | 03/22/2024 |
2 | Masimo faces another proxy challenge from Politan Capital | 04/01/2024 |
3 | Labcorp Extends MRD Clinical Research With New Launch | 04/08/2024 |
4 | Heres Why You Should Retain Charles River Stock Now | 04/16/2024 |
5 | Stryker launches next-gen AED | 04/22/2024 |
6 | Global Minimally Invasive Surgery Market Report 2024 Increasing Adoption of MIS Over Open Surgeries to Drive Market Growth - A USD 74.6 Billion Market by 2029, ... | 04/23/2024 |
7 | What Makes Stryker Corporation an Investment Choice | 04/24/2024 |
8 | Seeking Clues to Stryker Q1 Earnings A Peek Into Wall Street Projections for Key Metrics | 04/25/2024 |
9 | Bariatric Beds Market to hit USD 505.7 Bn by 2032, says Global Market Insights Inc. | 04/29/2024 |
Stryker dividend paid on 30th of April 2024 | 04/30/2024 |
11 | Masimos billionaire CEO put shares on margin to get cash while keeping ownership ahead of proxy fight | 05/01/2024 |
12 | Earnings call Curtiss-Wright sees strong Q1 growth, raises 2024 outlook | 05/02/2024 |
About Stryker Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Stryker or other stocks. Alpha measures the amount that position in Stryker has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.009423 | 0.0114 | 0.01 | 0.005258 | Price To Sales Ratio | 5.89 | 5.01 | 5.55 | 2.98 |
Stryker Upcoming Company Events
As portrayed in its financial statements, the presentation of Stryker's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Stryker's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Stryker's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Stryker. Please utilize our Beneish M Score to check the likelihood of Stryker's management manipulating its earnings.
30th of January 2024 Upcoming Quarterly Report | View | |
6th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
30th of January 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Stryker
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Stryker Backtesting, Stryker Valuation, Stryker Correlation, Stryker Hype Analysis, Stryker Volatility, Stryker History and analyze Stryker Performance. For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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