Sitio Stock Market Value

STR
 Stock
  

USD 22.95  0.80  3.61%   

Sitio Royalties' market value is the price at which a share of Sitio Royalties stock trades on a public exchange. It measures the collective expectations of Sitio Royalties Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Sitio Royalties Corp and determine expected loss or profit from investing in Sitio Royalties over a given investment horizon. Additionally, take a look at Sitio Royalties Correlation, Sitio Royalties Volatility and Sitio Royalties Alpha and Beta module to complement your research on Sitio Royalties.
Symbol


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.

Sitio Royalties 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sitio Royalties' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sitio Royalties.
0.00
10/08/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
09/28/2022
0.00
If you would invest  0.00  in Sitio Royalties on October 8, 2020 and sell it all today you would earn a total of 0.00 from holding Sitio Royalties Corp or generate 0.0% return on investment in Sitio Royalties over 720 days. Sitio Royalties is related to or competes with Apple. Sitio Royalties Corp. operates as oil and gas mineral and royalty company More

Sitio Royalties Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sitio Royalties' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sitio Royalties Corp upside and downside potential and time the market with a certain degree of confidence.

Sitio Royalties Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sitio Royalties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sitio Royalties' standard deviation. In reality, there are many statistical measures that can use Sitio Royalties historical prices to predict the future Sitio Royalties' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Sitio Royalties' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Sitio Royalties in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
19.3422.1524.96
Details
Intrinsic
Valuation
LowReal ValueHigh
20.6223.4326.24
Details
4 Analysts
Consensus
LowTarget PriceHigh
19.0023.0025.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sitio Royalties. Your research has to be compared to or analyzed against Sitio Royalties' peers to derive any actionable benefits. When done correctly, Sitio Royalties' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Sitio Royalties Corp.

Sitio Royalties Corp Backtested Returns

We consider Sitio Royalties not too volatile. Sitio Royalties Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0223, which indicates the firm had 0.0223% 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 Coefficient Of Variation of 23511.24, risk adjusted performance of 0.0107, and Semi Deviation of 2.58 to confirm if the risk estimate we provide is consistent with the expected return of 0.0637%.
Sitio Royalties has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.4301, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Sitio's beta means in this case. As returns on the market increase, Sitio Royalties returns are expected to increase less than the market. However, during the bear market, the loss on holding Sitio Royalties will be expected to be smaller as well. Although it is important to respect Sitio Royalties Corp current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Sitio Royalties Corp technical indicators, you can presently evaluate if the expected return of 0.0637% will be sustainable into the future. Sitio Royalties Corp right now has a risk of 2.85%. Please validate Sitio Royalties sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change to decide if Sitio Royalties will be following its existing price patterns.

Auto-correlation

    
  0.71  

Good predictability

Sitio Royalties Corp has good predictability. Overlapping area represents the amount of predictability between Sitio Royalties time series from 8th of October 2020 to 3rd of October 2021 and 3rd of October 2021 to 28th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sitio Royalties Corp price movement. The serial correlation of 0.71 indicates that around 71.0% of current Sitio Royalties price fluctuation can be explain by its past prices.
Correlation Coefficient0.71
Spearman Rank Test0.69
Residual Average0.0
Price Variance13.51

Sitio Royalties Corp lagged returns against current returns

Autocorrelation, which is Sitio Royalties stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sitio Royalties' stock expected returns. We can calculate the autocorrelation of Sitio Royalties returns to help us make a trade decision. For example, suppose you find that Sitio Royalties stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Sitio Royalties regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sitio Royalties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sitio Royalties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sitio Royalties stock over time.
   Current vs Lagged Prices   
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       Timeline  

Sitio Royalties Lagged Returns

When evaluating Sitio Royalties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sitio Royalties stock have on its future price. Sitio Royalties autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sitio Royalties autocorrelation shows the relationship between Sitio Royalties stock current value and its past values and can show if there is a momentum factor associated with investing in Sitio Royalties Corp.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Sitio Royalties without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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...