Stryker Stock Price Prediction

SYK Stock  USD 357.87  0.84  0.23%   
The relative strength index (RSI) of Stryker's the stock price is about 63. This usually implies that the stock is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Stryker, making its price go up or down.

Oversold Vs Overbought

63

 
Oversold
 
Overbought
Stryker stock price prediction is an act of determining the future value of Stryker shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Stryker's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Stryker and does not consider all of the tangible or intangible factors available from Stryker's fundamental data. We analyze noise-free headlines and recent hype associated with Stryker, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Stryker's stock price prediction:
Quarterly Earnings Growth
1.027
EPS Estimate Next Quarter
2.5
EPS Estimate Current Year
11.85
EPS Estimate Next Year
13.25
Wall Street Target Price
362.37
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Stryker based on different types of headlines from major news networks to social media. The Stryker stock price prediction module provides an analysis of price elasticity to changes in media outlook on Stryker over a specific investment horizon. Using Stryker hype-based prediction, you can estimate the value of Stryker from the perspective of Stryker response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Stryker using Stryker's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Stryker using crowd psychology based on the activity and movement of Stryker's stock price.

Stryker Short Interest

A significant increase or decrease in Stryker's short interest from the previous month could be a good indicator of investor sentiment towards Stryker. Short interest can provide insight into the potential direction of Stryker stock and how bullish or bearish investors feel about the market overall. An investor who is long Stryker may also wish to track short interest. As short interest increases, investors should be becoming more worried about Stryker and may potentially protect profits, hedge Stryker with its derivative instruments, or be ready for some potential downside.
200 Day MA
300.2596
Short Percent
0.0107
Short Ratio
3.27
Shares Short Prior Month
3.8 M
50 Day MA
342.6878

Stryker Hype to Price Pattern

Investor biases related to Stryker's public news can be used to forecast risks associated with an investment in Stryker. The trend in average sentiment can be used to explain how an investor holding Stryker can time the market purely based on public headlines and social activities around Stryker. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Stryker's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Stryker.

Stryker Implied Volatility

    
  17.11  
Stryker's implied volatility exposes the market's sentiment of Stryker stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Stryker's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Stryker stock will not fluctuate a lot when Stryker's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Stryker. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Stryker to buy its stock at a price that has no basis in reality. In that case, they are not buying Stryker because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Stryker after-hype prediction price

    
  USD 357.87  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Stryker contract

Based on the Rule 16, the options market is currently suggesting that Stryker will have an average daily up or down price movement of about 1.07% per day over the life of the 2024-04-19 option contract. With Stryker trading at USD 357.87, that is roughly USD 3.83 . If you think that the market is fully incorporating Stryker's daily price movement you should consider acquiring Stryker options at the current volatility level of 17.11%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out Stryker Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stryker's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
322.08403.48404.64
Details
Naive
Forecast
LowNextHigh
357.56358.72359.88
Details
30 Analysts
Consensus
LowTargetHigh
288.55317.09351.97
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.282.362.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Stryker. Your research has to be compared to or analyzed against Stryker's peers to derive any actionable benefits. When done correctly, Stryker's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Stryker.

Stryker After-Hype Price Prediction Density Analysis

As far as predicting the price of Stryker at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Stryker or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Stryker, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Stryker Estimiated After-Hype Price Volatility

In the context of predicting Stryker's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Stryker's historical news coverage. Stryker's after-hype downside and upside margins for the prediction period are 356.71 and 359.03, respectively. We have considered Stryker's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
357.87
356.71
Downside
357.87
After-hype Price
359.03
Upside
Stryker is very steady at this time. Analysis and calculation of next after-hype price of Stryker is based on 3 months time horizon.

Stryker Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Stryker is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Stryker backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Stryker, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.32 
1.16
  1.45 
 0.00  
11 Events / Month
4 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
357.87
357.87
0.00 
25.61  
Notes

Stryker Hype Timeline

On the 29th of March Stryker is traded for 357.87. The entity has historical hype elasticity of -1.45, and average elasticity to hype of competition of 0.0. Stryker is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 25.61%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at 0.32%. %. The volatility of related hype on Stryker is about 17400.0%, with the expected price after the next announcement by competition of 357.87. About 79.0% of the company shares are owned by institutional investors. The company recorded earning per share (EPS) of 8.25. Stryker last dividend was issued on the 27th of March 2024. The entity had 2:1 split on the 17th of May 2004. Considering the 90-day investment horizon the next anticipated press release will be in about 11 days.
Check out Stryker Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.

Stryker Related Hype Analysis

Having access to credible news sources related to Stryker's direct competition is more important than ever and may enhance your ability to predict Stryker's future price movements. Getting to know how Stryker rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Stryker may potentially react to the hype associated with one of its peers.

Stryker Additional Predictive Modules

Most predictive techniques to examine Stryker price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Stryker using various technical indicators. When you analyze Stryker charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Stryker Predictive Indicators

The successful prediction of Stryker stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Stryker, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Stryker based on analysis of Stryker hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Stryker's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Stryker's related companies.
 2021 2022 2023 2024 (projected)
Price Earnings Ratio50.5639.2135.9248.53
Short Term Coverage Ratios466.142.21.771.68

Story Coverage note for Stryker

The number of cover stories for Stryker depends on current market conditions and Stryker's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Stryker is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Stryker's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Stryker Short Properties

Stryker's future price predictability will typically decrease when Stryker's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Stryker often depends not only on the future outlook of the potential Stryker's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Stryker's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding383.7 M
Cash And Short Term Investments3.1 B
When determining whether Stryker is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Stryker Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Stryker Stock. Highlighted below are key reports to facilitate an investment decision about Stryker Stock:
Check out Stryker Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model 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.
Transaction History
View history of all your transactions and understand their impact on performance
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
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
8.25
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.