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

Correlation

The correlation between IRMD and SYK is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

IRMD vs. SYK - Performance Comparison

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

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Key characteristics

Sharpe Ratio

IRMD:

1.21

SYK:

0.61

Sortino Ratio

IRMD:

1.78

SYK:

1.00

Omega Ratio

IRMD:

1.22

SYK:

1.13

Calmar Ratio

IRMD:

1.62

SYK:

0.89

Martin Ratio

IRMD:

3.96

SYK:

2.72

Ulcer Index

IRMD:

9.05%

SYK:

5.08%

Daily Std Dev

IRMD:

32.60%

SYK:

22.09%

Max Drawdown

IRMD:

-75.83%

SYK:

-58.63%

Current Drawdown

IRMD:

-7.07%

SYK:

-4.10%

Fundamentals

Market Cap

IRMD:

$739.26M

SYK:

$146.12B

EPS

IRMD:

$1.55

SYK:

$7.46

PE Ratio

IRMD:

37.51

SYK:

51.25

PEG Ratio

IRMD:

4.46

SYK:

0.50

PS Ratio

IRMD:

9.84

SYK:

6.29

PB Ratio

IRMD:

8.21

SYK:

6.98

Total Revenue (TTM)

IRMD:

$75.15M

SYK:

$23.22B

Gross Profit (TTM)

IRMD:

$57.80M

SYK:

$14.76B

EBITDA (TTM)

IRMD:

$22.77M

SYK:

$5.32B

Returns By Period

In the year-to-date period, IRMD achieves a 5.89% return, which is significantly lower than SYK's 6.52% return. Over the past 10 years, IRMD has underperformed SYK with an annualized return of 12.16%, while SYK has yielded a comparatively higher 16.16% annualized return.


IRMD

YTD

5.89%

1M

10.78%

6M

7.99%

1Y

39.12%

3Y*

23.42%

5Y*

21.95%

10Y*

12.16%

SYK

YTD

6.52%

1M

2.33%

6M

-1.97%

1Y

13.41%

3Y*

19.00%

5Y*

15.58%

10Y*

16.16%

*Annualized

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IRadimed Corporation

Stryker Corporation

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

IRMD vs. SYK — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IRMD
The Risk-Adjusted Performance Rank of IRMD is 8383
Overall Rank
The Sharpe Ratio Rank of IRMD is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of IRMD is 8282
Sortino Ratio Rank
The Omega Ratio Rank of IRMD is 7878
Omega Ratio Rank
The Calmar Ratio Rank of IRMD is 9090
Calmar Ratio Rank
The Martin Ratio Rank of IRMD is 8282
Martin Ratio Rank

SYK
The Risk-Adjusted Performance Rank of SYK is 7272
Overall Rank
The Sharpe Ratio Rank of SYK is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of SYK is 6565
Sortino Ratio Rank
The Omega Ratio Rank of SYK is 6464
Omega Ratio Rank
The Calmar Ratio Rank of SYK is 8181
Calmar Ratio Rank
The Martin Ratio Rank of SYK is 7777
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IRMD vs. SYK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for IRadimed Corporation (IRMD) 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.


The current IRMD Sharpe Ratio is 1.21, which is higher than the SYK Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of IRMD 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.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

IRMD vs. SYK - Dividend Comparison

IRMD's dividend yield for the trailing twelve months is around 1.11%, more than SYK's 0.86% yield.


TTM20242023202220212020201920182017201620152014
IRMD
IRadimed Corporation
1.11%0.82%3.54%3.53%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SYK
Stryker Corporation
0.86%0.90%1.02%1.16%0.97%0.96%1.02%1.23%1.13%1.31%1.52%1.34%

Drawdowns

IRMD vs. SYK - Drawdown Comparison

The maximum IRMD drawdown since its inception was -75.83%, which is greater than SYK's maximum drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for IRMD and SYK.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

IRMD vs. SYK - Volatility Comparison

IRadimed Corporation (IRMD) has a higher volatility of 14.69% compared to Stryker Corporation (SYK) at 5.15%. This indicates that IRMD's price experiences larger fluctuations and is considered to be riskier than SYK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

IRMD vs. SYK - Financials Comparison

This section allows you to compare key financial metrics between IRadimed Corporation 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


0.001.00B2.00B3.00B4.00B5.00B6.00B20212022202320242025
19.51M
5.87B
(IRMD) Total Revenue
(SYK) Total Revenue
Values in USD except per share items

IRMD vs. SYK - Profitability Comparison

The chart below illustrates the profitability comparison between IRadimed Corporation and Stryker Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

60.0%65.0%70.0%75.0%80.0%20212022202320242025
76.1%
63.8%
(IRMD) Gross Margin
(SYK) Gross Margin
IRMD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, IRadimed Corporation reported a gross profit of 14.84M and revenue of 19.51M. Therefore, the gross margin over that period was 76.1%.

SYK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Stryker Corporation reported a gross profit of 3.74B and revenue of 5.87B. Therefore, the gross margin over that period was 63.8%.

IRMD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, IRadimed Corporation reported an operating income of 5.43M and revenue of 19.51M, resulting in an operating margin of 27.8%.

SYK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Stryker Corporation reported an operating income of 837.00M and revenue of 5.87B, resulting in an operating margin of 14.3%.

IRMD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, IRadimed Corporation reported a net income of 4.69M and revenue of 19.51M, resulting in a net margin of 24.0%.

SYK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Stryker Corporation reported a net income of 654.00M and revenue of 5.87B, resulting in a net margin of 11.2%.