Stryker (Germany) Price on November 15, 2024
SYK Stock | EUR 344.30 2.90 0.84% |
If you're considering investing in Stryker Stock, it is important to understand the factors that can impact its price. As of today, the current price of Stryker stands at 344.30, as last reported on the 9th of January, with the highest price reaching 344.30 and the lowest price hitting 340.10 during the day. At this point, Stryker is very steady. Stryker owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0704, which indicates the firm had a 0.0704% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Stryker, which you can use to evaluate the volatility of the company. Please validate Stryker's Coefficient Of Variation of 1420.47, risk adjusted performance of 0.0609, and Semi Deviation of 1.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Stryker Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Stryker |
Sharpe Ratio = 0.0704
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Estimated Market Risk
1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Stryker is performing at about 5% 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.
Stryker Valuation on November 15, 2024
It is possible to determine the worth of Stryker on a given historical date. On November 15, 2024 Stryker was worth 361.53 at the beginning of the trading date compared to the closed value of 369.41. 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 | |
366.42 | 371.10 | 366.42 | 368.31 | 354.00 | |
11/15/2024 | 361.53 | 370.31 | 360.73 | 369.41 | 146.00 |
369.01 | 369.81 | 369.01 | 369.81 | 59.00 |
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Stryker Trading Date Momentum on November 15, 2024
On November 18 2024 Stryker was traded for 369.81 at the closing time. The highest daily price throughout the period was 369.81 and the lowest price was 369.01 . The daily volume was 59.0. The net trading volume on 11/18/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 0.11% . The trading price change to current closing price is 0.32% . |
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
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.
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 | January 9, 2025
| High |
0.00 | 0.00 |
Stryker cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 January 9, 2025 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 | 0.0609 | |||
Jensen Alpha | 0.095 | |||
Total Risk Alpha | 0.0641 | |||
Sortino Ratio | 0.0518 | |||
Treynor Ratio | 0.6402 |
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Volume Indicators |
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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