Sitio Royalties Corp Stock Price on May 4, 2018
| STR Stock | USD 23.25 0.16 0.68% |
Below is the normalized historical share price chart for Sitio Royalties Corp extending back to September 08, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sitio Royalties stands at 23.25, as last reported on the 19th of April, with the highest price reaching 23.71 and the lowest price hitting 23.24 during the day.
If you're considering investing in Sitio Stock, it is important to understand the factors that can impact its price. We consider Sitio Royalties very steady. Sitio Royalties Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.075, which indicates the firm had a 0.075% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sitio Royalties Corp, which you can use to evaluate the volatility of the company. Please validate Sitio Royalties' Coefficient Of Variation of 1185.35, risk adjusted performance of 0.0586, and Semi Deviation of 1.64 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, Sitio Royalties' Common Stock Shares Outstanding is relatively stable compared to the past year. As of 04/19/2024, Other Stockholder Equity is likely to grow to about 1.9 B, while Liabilities And Stockholders Equity is likely to drop slightly above 2.6 B. . As of 04/19/2024, Price Earnings To Growth Ratio is likely to grow to 1.02, while Price To Sales Ratio is likely to drop 3.06. Sitio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of September 2017 | 200 Day MA 23.9109 | 50 Day MA 23.3914 |
Sitio |
Sharpe Ratio = 0.075
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Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Sitio Royalties is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sitio Royalties by adding it to a well-diversified portfolio.
Price Book 1.2766 | Enterprise Value Ebitda 8.9872 | Price Sales 6.598 | Shares Float 82.1 M | Dividend Share 1.9 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Sitio Royalties Stock history
Sitio Royalties investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sitio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sitio Royalties Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sitio Royalties stock prices may prove useful in developing a viable investing in Sitio Royalties
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 81.3 M | 87.4 M | |
| Net Income Applicable To Common Shares | 13.6 M | 17.8 M |
Sitio Royalties Stock Technical Analysis
Sitio Royalties technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Sitio Royalties Period Price Range
Sitio Royalties April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Sitio Royalties stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sitio Royalties shares will generate the highest return on investment. By undertsting and applying Sitio Royalties stock market strength indicators, traders can identify Sitio Royalties Corp entry and exit signals to maximize returns
Sitio Royalties Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sitio Royalties' price direction in advance. Along with the technical and fundamental analysis of Sitio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sitio to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0586 | |||
| Jensen Alpha | 0.1115 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0422 | |||
| Treynor Ratio | 0.3241 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sitio Royalties Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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When running Sitio Royalties' price analysis, check to measure Sitio Royalties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sitio Royalties is operating at the current time. Most of Sitio Royalties' value examination focuses on studying past and present price action to predict the probability of Sitio Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sitio Royalties' price. Additionally, you may evaluate how the addition of Sitio Royalties to your portfolios can decrease your overall portfolio volatility.
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Is Sitio Royalties' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sitio Royalties. If investors know Sitio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sitio Royalties listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (1.00) | Dividend Share 1.9 | Earnings Share (0.20) | Revenue Per Share 7.301 | Quarterly Revenue Growth 0.494 |
The market value of Sitio Royalties Corp is measured differently than its book value, which is the value of Sitio that is recorded on the company's balance sheet. Investors also form their own opinion of Sitio Royalties' value that differs from its market value or its book value, called intrinsic value, which is Sitio Royalties' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sitio Royalties' market value can be influenced by many factors that don't directly affect Sitio Royalties' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sitio Royalties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sitio Royalties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sitio Royalties' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.