Stryker Stock Price on May 6, 2024
| SYK Stock | USD 328.12 8.38 2.49% |
Below is the normalized historical share price chart for Stryker extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Stryker stands at 328.12, as last reported on the 2nd of May, with the highest price reaching 335.73 and the lowest price hitting 320.71 during the day.
If you're considering investing in Stryker Stock, it is important to understand the factors that can impact its price. Stryker owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0584, which indicates the firm had a -0.0584% return per unit of risk over the last 3 months. Stryker exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Stryker's Semi Deviation of 0.6911, risk adjusted performance of 0.0732, and Coefficient Of Variation of 935.12 to confirm the risk estimate we provide.
At this time, Stryker's Total Stockholder Equity is quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 426.3 M this year, although the value of Capital Stock will most likely fall to about 41.4 M. . At this time, Stryker's Price Earnings Ratio is quite stable compared to the past year. Price Book Value Ratio is expected to rise to 6.37 this year, although the value of Price To Operating Cash Flows Ratio will most likely fall to 28.70. Stryker Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of February 1988 | 200 Day MA 305.4831 | 50 Day MA 348.2274 | Beta 0.912 |
Stryker |
Sharpe Ratio = -0.0584
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| Negative Returns | SYK |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Stryker is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Stryker by adding Stryker to a well-diversified portfolio.
Price Book 6.9994 | Enterprise Value Ebitda 28.3911 | Price Sales 6.3489 | Shares Float 340.7 M | Dividend Share 2.3 |
Stryker Valuation on May 6, 2024
It is possible to determine the worth of Stryker on a given historical date. On May 6, 2024 Stryker was worth 333.58 at the beginning of the trading date compared to the closed value of 328.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stryker stock. Still, in general, we apply an absolute valuation method to find Stryker's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Stryker where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stryker's related companies.
| Open | High | Low | Close | Volume | |
| 337.65 | 340.41 | 336.32 | 336.50 | 2,480,636 | |
05/01/2024 | 333.58 | 335.73 | 320.71 | 328.12 | 2,766,931 |
| Backtest Stryker | | | Stryker History | | | Stryker Valuation | Previous |
Stryker Trading Date Momentum on May 6, 2024
| On May 01 2024 Stryker was traded for 328.12 at the closing time. Highest Stryker's price during the trading hours was 335.73 and the lowest price during the day was 320.71 . The net volume was 2.8 M. The overall trading history on the 1st of May did not result in any price rise and fall. The trading price change to current price is 1.66% . |
Stryker Fundamentals Correlations and Trends
By evaluating Stryker's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Stryker's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stryker financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Stryker Stock history
Stryker investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Stryker is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stryker will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Stryker stock prices may prove useful in developing a viable investing in Stryker
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 383.7 M | 426.3 M | |
| Net Income Applicable To Common Shares | 2.7 B | 2.8 B |
Stryker Quarterly Net Working Capital |
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Stryker Stock Technical Analysis
Stryker technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Stryker Period Price Range
Low | May 1, 2024
| High |
333.58 | 328.12 |
Stryker May 2, 2024 Market Strength
Market strength 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 undertsting and applying Stryker stock market strength indicators, traders can identify Stryker entry and exit signals to maximize returns
| Accumulation Distribution | 123788.0 | |||
| Daily Balance Of Power | (0.36) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 328.22 | |||
| Day Typical Price | 328.19 | |||
| Price Action Indicator | (2.83) | |||
| Period Momentum Indicator | (5.46) |
Stryker Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Stryker's price direction in advance. Along with the technical and fundamental analysis of Stryker Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stryker to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0732 | |||
| Jensen Alpha | 0.0856 | |||
| Total Risk Alpha | 0.0258 | |||
| Sortino Ratio | 0.0833 | |||
| Treynor Ratio | 0.1793 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stryker. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Stryker Stock analysis
When running Stryker's price analysis, check to measure Stryker'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 Stryker is operating at the current time. Most of Stryker's value examination focuses on studying past and present price action to predict the probability of Stryker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stryker's price. Additionally, you may evaluate how the addition of Stryker to your portfolios can decrease your overall portfolio volatility.
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Is Stryker's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stryker. If investors know Stryker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stryker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.331 | Dividend Share 2.3 | Earnings Share 8.24 | Revenue Per Share 55.173 | Quarterly Revenue Growth 0.097 |
The market value of Stryker is measured differently than its book value, which is the value of Stryker that is recorded on the company's balance sheet. Investors also form their own opinion of Stryker's value that differs from its market value or its book value, called intrinsic value, which is Stryker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stryker's market value can be influenced by many factors that don't directly affect Stryker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stryker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stryker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stryker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.