Stryker Stock Alpha and Beta Analysis
| SYK Stock | USD 332.14 6.64 2.04% |
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 0.28 | Alpha (0.06) | Risk 1.02 | Sharpe Ratio (0.02) | Expected Return (0.02) |
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 | -0.06 | β | 0.28 |
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 Thu, Feb 8, 2024 and Wed, May 8, 2024 is 348.5 with a coefficient of variation of 2.69. The daily time series for the period is distributed with a sample standard deviation of 9.29, arithmetic mean of 345.45, and mean deviation of 7.95. The Stock received substential amount of media coverage during this 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 | Henry Schein Announces Appointment of Three New Members to the Companys Executive Management Committee | 04/10/2024 |
3 | Durable Medical Equipment Market To Reach USD 339.7 Billion By 2032 DataHorizzon Research | 04/17/2024 |
4 | Seeking Clues to Stryker Q1 Earnings A Peek Into Wall Street Projections for Key Metrics | 04/25/2024 |
| Stryker dividend paid on 30th of April 2024 | 04/30/2024 |
6 | Stryker Corp Q1 2024 Earnings Call Transcript Highlights Robust Growth and Optimistic ... | 05/01/2024 |
7 | Baxter raises annual profit forecast on strong demand for medical devices | 05/02/2024 |
8 | ShangBay Capitals William Dai Recognized Among GrowthCaps Top 25 Healthcare Investors for 2024 | 05/03/2024 |
9 | Brendan Caldwells Top Picks Ares Management, CME Group, WW Grainger | 05/06/2024 |
10 | Erste Operationen mit Strykers Infinity With Adaptis and Everlast erfolgreich in Europa durchgefhrt | 05/07/2024 |
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 | 0.005393 | 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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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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.