Stryker (Germany) Technical Analysis
SYK Stock | EUR 348.50 4.30 1.25% |
As of the 22nd of December, Stryker has the Coefficient Of Variation of 1419.01, semi deviation of 1.41, and Risk Adjusted Performance of 0.0606. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Stryker, as well as the relationship between them. Please validate Stryker treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall to decide if Stryker is priced more or less accurately, providing market reflects its prevalent price of 348.5 per share.
Stryker Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Stryker, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StrykerStryker |
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.
Stryker Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Stryker volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Stryker Trend Analysis
Use this graph to draw trend lines for Stryker. You can use it to identify possible trend reversals for Stryker as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Stryker price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Stryker Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Stryker applied against its price change over selected period. The best fit line has a slop of 0.81 , which means Stryker will continue generating value for investors. It has 122 observation points and a regression sum of squares at 24786.82, which is the sum of squared deviations for the predicted Stryker price change compared to its average price change.About Stryker Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Stryker on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Stryker based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Stryker price pattern first instead of the macroeconomic environment surrounding Stryker. By analyzing Stryker's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Stryker's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Stryker specific price patterns or momentum indicators. Please read more on our technical analysis page.
Stryker December 22, 2024 Technical Indicators
Most technical analysis of Stryker help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Stryker from various momentum indicators to cycle indicators. When you analyze Stryker charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0606 | |||
Market Risk Adjusted Performance | 0.7262 | |||
Mean Deviation | 1.09 | |||
Semi Deviation | 1.41 | |||
Downside Deviation | 1.55 | |||
Coefficient Of Variation | 1419.01 | |||
Standard Deviation | 1.51 | |||
Variance | 2.28 | |||
Information Ratio | 0.0492 | |||
Jensen Alpha | 0.0934 | |||
Total Risk Alpha | 0.0541 | |||
Sortino Ratio | 0.048 | |||
Treynor Ratio | 0.7162 | |||
Maximum Drawdown | 7.96 | |||
Value At Risk | (2.66) | |||
Potential Upside | 2.33 | |||
Downside Variance | 2.39 | |||
Semi Variance | 1.98 | |||
Expected Short fall | (1.17) | |||
Skewness | 0.0217 | |||
Kurtosis | 0.718 |
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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