Stiffness and hysteretic energy losses are calculated for a magnetically levitating system composed of a type-II superconductor and a permanent magnet when a small vibration is produced in the system. We consider a cylindrically symmetric configuration with only vertical movements and calculate the current profiles under the assumption of the critical state model. The calculations, based on magnetic energy minimization, take into account the demagnetization fields inside the superconductor and the actual shape of the applied field. The dependence of stiffness and hysteretic energy losses upon the different important parameters of the system such as the superconductor aspect ratio, the relative size of the superconductor-permanent magnet, and the critical current of the superconductor are all systematically studied. Finally, in view of the results, we provide some trends on how a system such as the one studied here could be designed in order to optimize both the stiffness and the hysteretic losses.