Sitio Royalties Corp Stock Price on December 3, 2024

STR Stock  USD 21.82  0.05  0.23%   
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 21.82, as last reported on the 11th of December 2024, with the highest price reaching 21.82 and the lowest price hitting 21.77 during the day.
IPO Date
8th of September 2017
200 Day MA
23.1489
50 Day MA
23.0196
Beta
1.31
 
Covid
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 0.0421, which indicates the firm had a 0.0421% 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 1.74, risk adjusted performance of 0.0431, and Coefficient Of Variation of 1973.46 to confirm if the risk estimate we provide is consistent with the expected return of 0.0879%.
  
At this time, Sitio Royalties' Common Stock Shares Outstanding is relatively stable compared to the past year. As of 12/11/2024, 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 12/11/2024, 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.

Sharpe Ratio = 0.0421

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Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Sitio Royalties is performing at about 3% 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
1.1661
Enterprise Value Ebitda
7.3788
Price Sales
5.3809
Shares Float
78.6 M
Dividend Share
1.5

Sitio Royalties Main Headline on 3rd of December 2024

Filed transaction by Sitio Royalties Corp Officer Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Sitio Royalties Valuation on December 3, 2024

It is possible to determine the worth of Sitio Royalties on a given historical date. On December 3, 2024 Sitio was worth 24.1 at the beginning of the trading date compared to the closed value of 23.88. 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
  23.70    24.03    23.26    23.97    507,481  
12/03/2024
  24.10    24.13    23.72    23.88    420,740  
  23.95    23.95    22.99    23.09    665,368  
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Open Value
24.1
23.88
Closing Value
30.36
Upside

Sitio Royalties Trading Date Momentum on December 3, 2024

On December 04 2024 Sitio Royalties Corp was traded for  23.09  at the closing time. Highest Sitio Royalties's price during the trading hours was 23.95  and the lowest price during the day was  22.99 . The net volume was 665.4 K. The overall trading history on the 4th of December contributed to the next trading period price depreciation. The trading price change to the next next day price was 3.31% . The trading price change to current price is 8.84% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding81.3 M88.1 M
Net Income Applicable To Common Shares13.6 M17.8 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.
A focus of Sitio Royalties technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sitio Royalties trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sitio Royalties Period Price Range

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Sitio Royalties December 11, 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.

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.