Sitio Stock Price on May 31, 2022 Breakdown

STR
 Stock
  

USD 25.41  0.73  2.96%   

As of today, the current price of Sitio Royalties is  25.41 , as last reported on the 6th of October, with the highest price reaching  25.57  and the lowest price hitting  24.59  during the day.
We consider Sitio Royalties not too volatile. Sitio Royalties Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0214, which indicates the firm had 0.0214% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Sitio Royalties Corp, which you can use to evaluate the future volatility of the company. Please validate Sitio Royalties Semi Deviation of 2.71, coefficient of variation of 3288.85, and Risk Adjusted Performance of 0.0432 to confirm if the risk estimate we provide is consistent with the expected return of 0.0586%.
  

Sitio Royalties Main Headline on 31st of May 2022

Sitio Royalties Corp dividend paid on 31st of May 2022

Sitio Royalties Valuation on May 31, 2022

It is possible to determine the worth of Sitio Royalties on a given historical date. On May 31, 2022 Sitio was worth 30.04 at the beginning of the trading date compared to the closed value of 28.91. 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 Visa 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
  29.04    30.02    29.00    29.18    143,925  
05/31/2022
  30.04    30.80    28.91    28.91    235,275  
  29.88    31.00    29.72    30.04    191,300  
Backtest Sitio Royalties  |  Sitio Royalties History  |  Sitio Royalties Valuation   PreviousNext  
Open Value 30.04
28.91
Closing Value
38.24
Upside

Sitio Royalties Trading Date Momentum on May 31, 2022

On June 01 2022 Sitio Royalties Corp was traded for  30.04  at the closing time. Highest Sitio Royalties's price during the trading hours was 31.00  and the lowest price during the day was  29.72 . The net volume was 191.3 K. The overall trading history on the 1st of June contributed to the next trading period price gain. The trading price change to the next next day price was 3.91% . The trading price change to current price is 0.14% .

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 historical stock prices may prove useful in developing a viable investing in Sitio Royalties
Sitio Royalties Corp. operates as oil and gas mineral and royalty company. The company was founded in 2016 and is headquartered in Denver, Colorado. Sitio Royalties operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange.

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

Low
May 31, 2022
High

 30.04 

  

 28.91 

-1.13-3.76%

Sitio Royalties October 6, 2022 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 stock's 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 stock 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.
Additionally, take a look at World Market Map. You can also try CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for analysis

When running Sitio Royalties Corp 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 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.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
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.
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 Sitio Royalties value 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.