Sitio Royalties Corp Net Income
| STRDelisted Stock | USD 18.12 0.15 0.82% |
As of the 20th of February, Sitio Royalties has the Risk Adjusted Performance of 0.0214, semi deviation of 1.77, and Coefficient Of Variation of 5336.35. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sitio Royalties Corp, as well as the relationship between them. Please validate Sitio Royalties Corp jensen alpha and semi variance to decide if Sitio Royalties is priced more or less accurately, providing market reflects its prevalent price of 18.12 per share. Given that Sitio Royalties Corp has jensen alpha of 0.029, we advise you to double-check Sitio Royalties Corp's current market performance to make sure the company can sustain itself at a future point.
Sitio Royalties' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Sitio Royalties' valuation are provided below:Sitio Royalties Corp does not presently have any fundamental trend indicators for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Sitio |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Sitio Royalties Corp reported net income of 40.95 M. This is 98.2% lower than that of the Oil, Gas & Consumable Fuels sector and 88.1% lower than that of the Energy industry. The net income for all United States stocks is 92.83% higher than that of the company.
Sitio Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sitio Royalties' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sitio Royalties could also be used in its relative valuation, which is a method of valuing Sitio Royalties by comparing valuation metrics of similar companies.Sitio Royalties is currently under evaluation in net income category among its peers.
Sitio Fundamentals
| Return On Equity | 0.0264 | |||
| Return On Asset | 0.0267 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.29 % | |||
| Current Valuation | 2.49 B | |||
| Shares Outstanding | 77.58 M | |||
| Shares Owned By Insiders | 1.42 % | |||
| Shares Owned By Institutions | 89.46 % | |||
| Number Of Shares Shorted | 2.71 M | |||
| Price To Earning | 27.51 X | |||
| Price To Book | 1.00 X | |||
| Price To Sales | 4.46 X | |||
| Revenue | 624.41 M | |||
| Gross Profit | 566.29 M | |||
| EBITDA | 518.4 M | |||
| Net Income | 40.95 M | |||
| Cash And Equivalents | 3.29 M | |||
| Cash Per Share | 1.23 X | |||
| Total Debt | 1.09 B | |||
| Debt To Equity | 4.28 % | |||
| Current Ratio | 0.36 X | |||
| Book Value Per Share | 18.06 X | |||
| Cash Flow From Operations | 462.43 M | |||
| Short Ratio | 1.97 X | |||
| Earnings Per Share | 0.44 X | |||
| Price To Earnings To Growth | 4.06 X | |||
| Target Price | 27.33 | |||
| Number Of Employees | 72 | |||
| Beta | 1.31 | |||
| Market Capitalization | 2.74 B | |||
| Total Asset | 4.74 B | |||
| Retained Earnings | (146.79 M) | |||
| Working Capital | 87.19 M | |||
| Current Asset | 440.1 M | |||
| Current Liabilities | 940.1 M | |||
| Annual Yield | 0.08 % | |||
| Net Asset | 4.74 B | |||
| Last Dividend Paid | 1.4 |
About Sitio Royalties Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sitio Royalties Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sitio Royalties using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sitio Royalties Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Sitio Royalties
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sitio Royalties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sitio Royalties will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Sitio Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sitio Royalties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sitio Royalties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sitio Royalties Corp to buy it.
The correlation of Sitio Royalties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sitio Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sitio Royalties Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sitio Royalties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Sitio Stock
If you are still planning to invest in Sitio Royalties Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sitio Royalties' history and understand the potential risks before investing.
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