Sitio Stock Price on September 8, 2020 Breakdown

STR
 Stock
  

USD 22.15  0.29  1.33%   

As of today, the current price of Sitio Royalties is  22.15 , as last reported on the 28th of September, with the highest price reaching  22.39  and the lowest price hitting  21.86  during the day.
We consider Sitio Royalties not too volatile. Sitio Royalties Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0022, which indicates the firm had 0.0022% 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 risk adjusted performance of 4.0E-4, and Coefficient Of Variation of (20,744) to confirm if the risk estimate we provide is consistent with the expected return of 0.0063%.
  

Sitio Royalties Valuation on September 8, 2020

It is possible to determine the worth of Sitio Royalties on a given historical date. On September 8, 2020 Sitio was worth 11.0 at the beginning of the trading date compared to the closed value of 8.49. 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
09/14/2020
  11.00    11.00    8.49    8.49    21,825  
  10.56    10.80    8.59    8.59    20,350  
Backtest Sitio Royalties  |  Sitio Royalties History  |  Sitio Royalties Valuation Next  
Open Value 11.0
8.49
Closing Value
19.44
Upside

Sitio Royalties Trading Date Momentum on September 8, 2020

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

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
September 14, 2020
High

 11.00 

  

 8.49 

-2.51-22.82%

Sitio Royalties September 28, 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
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.