Sitio Royalties Corp Stock Price on June 21, 2024
| STR Stock | USD 24.04 0.48 1.96% |
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 24.04, as last reported on the 26th of November, with the highest price reaching 24.55 and the lowest price hitting 23.93 during the day.
If you're considering investing in Sitio Stock, it is important to understand the factors that can impact its price. Currently, Sitio Royalties Corp is very steady. Sitio Royalties Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0886, which indicates the firm had a 0.0886% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sitio Royalties Corp, which you can use to evaluate the volatility of the company. Please validate Sitio Royalties' Semi Deviation of 1.69, risk adjusted performance of 0.0709, and Coefficient Of Variation of 1182.52 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
At this time, Sitio Royalties' Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/26/2024, 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 11/26/2024, Price To Sales Ratio is likely to drop to 3.06. In addition to that, Price Earnings Ratio is likely to drop to -129.13. 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 23.0697 | 50 Day MA 22.6666 | Beta 1.31 |
Sitio |
Sharpe Ratio = 0.0886
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | STR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Sitio Royalties is performing at about 6% 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 1.286 | Enterprise Value Ebitda 7.8606 | Price Sales 5.9419 | Shares Float 78.6 M | Dividend Share 1.5 |
Sitio Royalties Valuation on June 21, 2024
It is possible to determine the worth of Sitio Royalties on a given historical date. On June 21, 2024 Sitio was worth 21.92 at the beginning of the trading date compared to the closed value of 21.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sitio Royalties stock. Still, in general, we apply an absolute valuation method to find Sitio Royalties' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sitio Royalties where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sitio Royalties' related companies.
| Open | High | Low | Close | Volume | |
| 21.52 | 22.10 | 21.52 | 21.94 | 635,391 | |
06/21/2024 | 21.92 | 21.94 | 21.67 | 21.87 | 1,003,253 |
| 21.98 | 22.79 | 21.98 | 22.72 | 390,907 |
| Backtest Sitio Royalties | | | Sitio Royalties History | | | Sitio Royalties Valuation | Previous | Next |
Sitio Royalties Trading Date Momentum on June 21, 2024
| On June 24 2024 Sitio Royalties Corp was traded for 22.72 at the closing time. Highest Sitio Royalties's price during the trading hours was 22.79 and the lowest price during the day was 21.98 . The net volume was 390.9 K. The overall trading history on the 24th of June contributed to the next trading period price gain. The trading price change to the next next day price was 3.89% . The trading price change to current price is 5.53% . |
Sitio Royalties Corp Fundamentals Correlations and Trends
By evaluating Sitio Royalties' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sitio Royalties' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sitio financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 | 88.1 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
Low | November 26, 2024
| High |
0.00 | 0.00 |
Sitio Royalties Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sitio Royalties November 26, 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 | 0.0709 | |||
| Jensen Alpha | 0.0516 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0245 | |||
| Treynor Ratio | 0.1732 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Sitio Stock Analysis
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.