Stryker Stock Price on February 6, 2023
SYK Stock | USD 370.78 4.29 1.17% |
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 370.78, as last reported on the 25th of December, with the highest price reaching 370.83 and the lowest price hitting 366.56 during the day.
If you're considering investing in Stryker Stock, it is important to understand the factors that can impact its price. As of now, Stryker Stock is very steady. Stryker owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0433, which indicates the firm had a 0.0433% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Stryker, which you can use to evaluate the volatility of the company. Please validate Stryker's Coefficient Of Variation of 4256.63, risk adjusted performance of 0.022, and Semi Deviation of 1.04 to confirm if the risk estimate we provide is consistent with the expected return of 0.0513%.
At this time, Stryker's Total Stockholder Equity is quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 426.3 M this year, although the value of Capital Stock will most likely fall to about 41.4 M. . 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 351.4161 | 50 Day MA 374.233 | Beta 0.92 |
Stryker |
Sharpe Ratio = 0.0433
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Estimated Market Risk
1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Stryker is performing at about 3% 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 6.9339 | Enterprise Value Ebitda 27.7748 | Price Sales 6.4325 | Shares Float 342.3 M | Dividend Share 3.2 |
Stryker Valuation on February 6, 2023
It is possible to determine the worth of Stryker on a given historical date. On February 6, 2023 Stryker was worth 276.27 at the beginning of the trading date compared to the closed value of 266.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stryker stock. Still, in general, we apply an absolute valuation method to find Stryker's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Stryker where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stryker's related companies.
Open | High | Low | Close | Volume | |
275.47 | 279.06 | 275.20 | 278.21 | 1,535,366 | |
02/06/2023 | 276.27 | 276.30 | 266.03 | 266.76 | 1,790,208 |
264.08 | 268.96 | 260.85 | 267.71 | 1,851,545 |
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Stryker Trading Date Momentum on February 6, 2023
On February 07 2023 Stryker was traded for 267.71 at the closing time. Highest Stryker's price during the trading hours was 268.96 and the lowest price during the day was 260.85 . The net volume was 1.9 M. The overall trading history on the 7th of February contributed to the next trading period price upswing. The trading price change to the next next day price was 0.36% . The trading price change to current price is 3.80% . |
Stryker Fundamentals Correlations and Trends
By evaluating Stryker's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Stryker's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stryker financial account trend analysis is a perfect complement when working with valuation or volatility modules.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
Low | December 25, 2024
| High |
0.00 | 0.00 |
Stryker cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Stryker December 25, 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 | 0.022 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0281 |
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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 closely tied 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Health Care Equipment & Supplies space 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 0.2 | Dividend Share 3.2 | Earnings Share 9.34 | Revenue Per Share 57.728 | Quarterly Revenue Growth 0.119 |
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.