GMED vs. SYK
Compare and contrast key facts about Globus Medical, Inc. (GMED) and Stryker Corporation (SYK).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GMED or SYK.
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.
Performance
GMED vs. SYK - Performance Comparison
Key characteristics
GMED:
1.80
SYK:
1.36
GMED:
3.07
SYK:
1.98
GMED:
1.41
SYK:
1.25
GMED:
1.43
SYK:
2.17
GMED:
12.45
SYK:
5.74
GMED:
4.68%
SYK:
4.44%
GMED:
32.28%
SYK:
18.73%
GMED:
-47.91%
SYK:
-58.63%
GMED:
-4.29%
SYK:
-8.63%
Fundamentals
GMED:
$11.36B
SYK:
$141.36B
GMED:
$0.62
SYK:
$9.34
GMED:
134.55
SYK:
39.70
GMED:
2.19
SYK:
2.59
GMED:
$2.48B
SYK:
$21.97B
GMED:
$1.35B
SYK:
$13.73B
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
53.76%
-1.66%
22.30%
57.97%
6.87%
13.00%
SYK
20.47%
-7.82%
5.44%
25.46%
12.53%
15.59%
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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.
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%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.
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.
Total Revenue: Total amount of money received from sales and other business activities