IRMD vs. SYK
Compare and contrast key facts about IRadimed Corporation (IRMD) and Stryker Corporation (SYK).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IRMD or SYK.
Correlation
The correlation between IRMD and SYK is 0.21, 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
Key characteristics
IRMD:
0.89
SYK:
0.63
IRMD:
1.39
SYK:
1.00
IRMD:
1.17
SYK:
1.12
IRMD:
1.30
SYK:
0.99
IRMD:
5.50
SYK:
2.42
IRMD:
4.88%
SYK:
4.80%
IRMD:
30.29%
SYK:
18.44%
IRMD:
-75.83%
SYK:
-58.63%
IRMD:
-8.82%
SYK:
-3.37%
Fundamentals
IRMD:
$719.09M
SYK:
$148.25B
IRMD:
$1.50
SYK:
$7.77
IRMD:
37.83
SYK:
50.00
IRMD:
4.46
SYK:
2.71
IRMD:
$73.24M
SYK:
$22.60B
IRMD:
$56.35M
SYK:
$14.20B
IRMD:
$22.69M
SYK:
$5.72B
Returns By Period
In the year-to-date period, IRMD achieves a 3.89% return, which is significantly lower than SYK's 7.32% return. Over the past 10 years, IRMD has underperformed SYK with an annualized return of 15.44%, while SYK has yielded a comparatively higher 16.39% annualized return.
IRMD
3.89%
-5.29%
28.16%
33.22%
17.39%
15.44%
SYK
7.32%
-2.38%
10.68%
12.20%
12.76%
16.39%
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Risk-Adjusted Performance
IRMD vs. SYK — Risk-Adjusted Performance Rank
IRMD
SYK
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.
Dividends
IRMD vs. SYK - Dividend Comparison
IRMD's dividend yield for the trailing twelve months is around 0.79%, less than SYK's 0.84% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
IRMD IRadimed Corporation | 0.79% | 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 | 0.84% | 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. For additional features, visit the drawdowns tool.
Volatility
IRMD vs. SYK - Volatility Comparison
IRadimed Corporation (IRMD) has a higher volatility of 11.54% compared to Stryker Corporation (SYK) at 4.06%. 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.
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.
Total Revenue: Total amount of money received from sales and other business activities