Stryker (Germany) Today
| SYK Stock | EUR 313.70 2.00 0.63% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Stryker is trading at 313.70 as of the 19th of April 2024. This is a -0.63% down since the beginning of the trading day. The stock's lowest day price was 310.0. Stryker has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Stryker are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Stryker Corporation operates as a medical technology company. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan. STRYKER CORP operates under Medical Devices classification in Germany and is traded on Frankfurt Stock Exchange. The company has 378.83 M outstanding shares. More on Stryker
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Follow Valuation Odds of Bankruptcy
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Stryker Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Stryker's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Stryker or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Kevin Lobo |
| Business Concentration | Medical Devices, Healthcare (View all Sectors) |
Stryker (SYK) is traded on Frankfurt Exchange in Germany and employs 51,000 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 92.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Stryker's market, we take the total number of its shares issued and multiply it by Stryker's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Stryker classifies itself under Healthcare sector and is part of Medical Devices industry. The entity has 378.83 M outstanding shares.
Stryker has accumulated about 1.84 B in cash with 2.62 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.92.
Check Stryker Probability Of Bankruptcy
Ownership AllocationStryker maintains a total of 378.83 Million outstanding shares. The majority of Stryker outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Stryker to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Stryker. Please pay attention to any change in the institutional holdings of Stryker as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Stryker Ownership Details
Stryker Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Stryker jumping above the current price in 90 days from now is about 58.07%. The Stryker probability density function shows the probability of Stryker stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Stryker has a beta of -0.1782. This usually implies as returns on the benchmark increase, returns on holding Stryker are expected to decrease at a much lower rate. During a bear market, however, Stryker is likely to outperform the market. Additionally, stryker has an alpha of 0.136, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Stryker to move above the current price in 90 days from now is about 58.07 (This Stryker probability density function shows the probability of Stryker Stock to fall within a particular range of prices over 90 days) .
Stryker Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing 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. Although Stryker's alpha and beta are two of the key measurements used to evaluate Stryker's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.764 | |||
| Semi Deviation | 0.6965 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.55 |
Stryker Stock Against Markets
Picking the right benchmark for Stryker stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Stryker stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Stryker is critical whether you are bullish or bearish towards Stryker at a given time. Please also check how Stryker's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Stryker without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Stryker Corporate Directors
Stryker corporate directors refer to members of a Stryker board of directors. The board of directors generally takes responsibility for the Stryker's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Stryker's board members must vote for the resolution. The Stryker board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Andrew Silvernail | Independent Director | Profile | |
| Sherilyn McCoy | Independent Director | Profile | |
| Ronda Stryker | Independent Director | Profile | |
| Allan Golston | Independent Director | Profile |
How to buy Stryker Stock?
Before investing in Stryker, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Stryker. To buy Stryker stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Stryker. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Stryker stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Stryker stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Stryker stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Stryker, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Stryker Stock please use our How to Invest in Stryker guide.
Already Invested in Stryker?
The danger of trading Stryker is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Stryker is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Stryker. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Stryker is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 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 board of governors. For more detail on how to invest in Stryker Stock please use our How to Invest in Stryker guide.You can also try the Positions Ratings module to 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.
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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