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GMED vs. SYK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between GMED and SYK is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

GMED vs. SYK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Globus Medical, Inc. (GMED) and Stryker Corporation (SYK). The values are adjusted to include any dividend payments, if applicable.

400.00%500.00%600.00%700.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
506.96%
693.13%
GMED
SYK

Key characteristics

Sharpe Ratio

GMED:

1.80

SYK:

1.36

Sortino Ratio

GMED:

3.07

SYK:

1.98

Omega Ratio

GMED:

1.41

SYK:

1.25

Calmar Ratio

GMED:

1.43

SYK:

2.17

Martin Ratio

GMED:

12.45

SYK:

5.74

Ulcer Index

GMED:

4.68%

SYK:

4.44%

Daily Std Dev

GMED:

32.28%

SYK:

18.73%

Max Drawdown

GMED:

-47.91%

SYK:

-58.63%

Current Drawdown

GMED:

-4.29%

SYK:

-8.63%

Fundamentals

Market Cap

GMED:

$11.36B

SYK:

$141.36B

EPS

GMED:

$0.62

SYK:

$9.34

PE Ratio

GMED:

134.55

SYK:

39.70

PEG Ratio

GMED:

2.19

SYK:

2.59

Total Revenue (TTM)

GMED:

$2.48B

SYK:

$21.97B

Gross Profit (TTM)

GMED:

$1.35B

SYK:

$13.73B

EBITDA (TTM)

GMED:

$517.61M

SYK:

$5.48B

Returns By Period

In the year-to-date period, GMED achieves a 53.76% return, which is significantly higher than SYK's 20.47% return. Over the past 10 years, GMED has underperformed SYK with an annualized return of 13.00%, while SYK has yielded a comparatively higher 15.59% annualized return.


GMED

YTD

53.76%

1M

-1.66%

6M

22.30%

1Y

57.97%

5Y*

6.87%

10Y*

13.00%

SYK

YTD

20.47%

1M

-7.82%

6M

5.44%

1Y

25.46%

5Y*

12.53%

10Y*

15.59%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

GMED vs. SYK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Globus Medical, Inc. (GMED) and Stryker Corporation (SYK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for GMED, currently valued at 1.80, compared to the broader market-4.00-2.000.002.001.801.36
The chart of Sortino ratio for GMED, currently valued at 3.06, compared to the broader market-4.00-2.000.002.004.003.061.98
The chart of Omega ratio for GMED, currently valued at 1.40, compared to the broader market0.501.001.502.001.401.25
The chart of Calmar ratio for GMED, currently valued at 1.42, compared to the broader market0.002.004.006.001.422.17
The chart of Martin ratio for GMED, currently valued at 12.38, compared to the broader market0.0010.0020.0012.385.74
GMED
SYK

The current GMED Sharpe Ratio is 1.80, which is higher than the SYK Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of GMED and SYK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.80
1.36
GMED
SYK

Dividends

GMED vs. SYK - Dividend Comparison

GMED has not paid dividends to shareholders, while SYK's dividend yield for the trailing twelve months is around 0.89%.


TTM20232022202120202019201820172016201520142013
GMED
Globus Medical, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SYK
Stryker Corporation
0.89%1.02%1.16%0.97%0.96%1.02%1.23%1.13%1.31%1.52%1.34%1.46%

Drawdowns

GMED vs. SYK - Drawdown Comparison

The maximum GMED drawdown since its inception was -47.91%, smaller than the maximum SYK drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for GMED and SYK. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.29%
-8.63%
GMED
SYK

Volatility

GMED vs. SYK - Volatility Comparison

Globus Medical, Inc. (GMED) and Stryker Corporation (SYK) have volatilities of 4.83% and 4.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
4.83%
4.96%
GMED
SYK

Financials

GMED vs. SYK - Financials Comparison

This section allows you to compare key financial metrics between Globus Medical, Inc. and Stryker Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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