Stryker (Germany) Statistic Functions Beta

SYK Stock  EUR 369.30  0.40  0.11%   
Stryker statistic functions tool provides the execution environment for running the Beta function and other technical functions against Stryker. Stryker value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Stryker statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Technical Analysis Modules

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 other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Stryker Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical 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, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Stryker's intrinsic value. In addition to deriving basic predictive indicators for Stryker, we also check how macroeconomic factors affect Stryker price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
367.86369.30370.74
Details
Intrinsic
Valuation
LowRealHigh
298.27299.71406.23
Details

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Additional Information and Resources on Investing in Stryker Stock

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 closely tied 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.