Stryker Stock Price on September 27, 2019
| SYK Stock | USD 336.03 1.63 0.48% |
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 336.03, as last reported on the 18th of April 2024, with the highest price reaching 339.40 and the lowest price hitting 334.59 during the day.
If you're considering investing in Stryker Stock, it is important to understand the factors that can impact its price. We consider Stryker very steady. Stryker owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0969, which indicates the firm had a 0.0969% return per unit of risk over the last 3 months. We have found thirty technical indicators for Stryker, which you can use to evaluate the volatility of the company. Please validate Stryker's Semi Deviation of 0.5854, risk adjusted performance of 0.0698, and Coefficient Of Variation of 964.61 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Stryker's Stock Based Compensation To Revenue is quite stable compared to the past year. . 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 303.7118 | 50 Day MA 350.1936 | Beta 0.912 |
Stryker |
Sharpe Ratio = 0.0969
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Stryker is performing at about 7% of its full potential. 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 it to a well-diversified portfolio.
Price Book 6.9994 | Enterprise Value Ebitda 28.3911 | Price Sales 6.3489 | Shares Float 340.6 M | Dividend Share 3.05 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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
Stryker April 18, 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
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 | 0.0698 | |||
| Jensen Alpha | 0.082 | |||
| Total Risk Alpha | 0.0258 | |||
| Sortino Ratio | 0.0868 | |||
| Treynor Ratio | 0.1903 |
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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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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 1.027 | Dividend Share 3.05 | Earnings Share 8.24 | Revenue Per Share 53.999 | Quarterly Revenue Growth 0.118 |
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.