Stryker Financials
| SYK Stock | EUR 348.50 4.30 1.25% |
Stryker |
Stryker Stock Summary
Stryker competes with Abbott Laboratories, Medtronic PLC, Boston Scientific, and Siemens Healthineers. 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. It employs 36000 people.| Foreign Associate | USA |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US8636671013 |
| Business Address | 2825 Airview Boulevard, |
| Sector | Healthcare |
| Industry | Medical Devices |
| Benchmark | Dow Jones Industrial |
| Website | www.stryker.com |
| Phone | 269 385 2600 |
| Currency | EUR - Euro |
You should never invest in Stryker without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Stryker Stock, because this is throwing your money away. Analyzing the key information contained in Stryker's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Stryker Key Financial Ratios
There are many critical financial ratios that Stryker's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Stryker reports annually and quarterly.| Return On Equity | 0.15 | |||
| Return On Asset | 0.0618 | |||
| Target Price | 287.72 | |||
| Beta | 0.94 | |||
| Z Score | 4.2 |
Stryker Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Stryker's current stock value. Our valuation model uses many indicators to compare Stryker value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Stryker competition to find correlations between indicators driving Stryker's intrinsic value. More Info.Stryker is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Stryker is roughly 2.42 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Stryker's earnings, one of the primary drivers of an investment's value.Stryker Systematic Risk
Stryker's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Stryker volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Stryker correlated with the market. If Beta is less than 0 Stryker generally moves in the opposite direction as compared to the market. If Stryker Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Stryker is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Stryker is generally in the same direction as the market. If Beta > 1 Stryker moves generally in the same direction as, but more than the movement of the benchmark.
Stryker December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Stryker help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Stryker. We use our internally-developed statistical techniques to arrive at the intrinsic value of Stryker based on widely used predictive technical indicators. In general, we focus on analyzing Stryker Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Stryker's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.55 | |||
| Information Ratio | 0.0492 | |||
| Maximum Drawdown | 7.96 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 2.33 |
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.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Global Correlations Find global opportunities by holding instruments from different markets |