Sitio Stock Price History Breakdown

STR
 Stock
  

USD 29.36  0.54  1.81%   

As of today, the current price of Sitio Royalties is  29.36 , as last reported on the 8th of December, with the highest price reaching  30.64  and the lowest price hitting  29.22  during the day.
Sitio Royalties appears to be very steady, given 3 months investment horizon. Sitio Royalties Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had 0.12% 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 review Sitio Royalties' Coefficient Of Variation of 760.15, semi deviation of 2.25, and Risk Adjusted Performance of 0.2013 to confirm if our risk estimates are consistent with your expectations.
  
As of 12/08/2022, Net Income Common Stock is likely to grow to about 297.2 M. As of 12/08/2022, Price to Book Value is likely to drop to 1.98. In addition to that, Price to Earnings Ratio is likely to drop to 12.03. Sitio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
11.2 M
Net Income Applicable To Common Shares
28.7 M
Shares Outstanding
12.7 M
Shares Short Prior Month
1.5 M
Dividend Share
1.43
Earnings Share
1.11

Sitio Royalties December 8, 2022 Stock Price Synopsis

Sitio Royalties Price Daily Balance Of Power(0.38) 
Sitio Royalties Accumulation Distribution 19,842 
Sitio Royalties Price Rate Of Daily Change 0.98 
Sitio Royalties Price Action Indicator(0.84) 

Sitio Royalties December 8, 2022 Stock Price Analysis

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When benchmark price declines in a down market, there may be an uptick in Sitio Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Sitio Royalties intraday prices and daily technical indicators to check the level of noise trading in Sitio Stock and then apply it to test your longer-term investment strategies against Sitio.

Sitio Royalties Stock Price History Chart

There are several ways to analyze Sitio Stock price data. The simplest method is using a basic Sitio candlestick price chart, which shows Sitio Royalties price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.

90 Days Highest PriceDecember 2, 202233.09
90 Days Lowest PriceSeptember 23, 202221.33

Sitio Stock Price History Data

The price series of Sitio Royalties for the period between Fri, Sep 9, 2022 and Thu, Dec 8, 2022 has a statistical range of 11.76 with a coefficient of variation of 12.53. The price distribution for the period has arithmetic mean of 26.91. The median price for the last 90 days is 26.77. The company completed stock split (1:4) on 6th of June 2022. Sitio Royalties Corp had dividends distributed to its stock-holders on 2022-11-18.
OpenHighLowCloseVolume
12/08/2022 30.64  30.64  29.22  29.36  428,131 
12/07/2022 30.00  30.23  29.67  29.90  213,578 
12/06/2022 30.42  30.99  29.35  29.91  793,340 
12/05/2022 33.48  33.65  30.55  30.76  405,575 
12/02/2022 31.63  33.58  31.63  33.09  494,500 
12/01/2022 31.86  33.27  31.72  31.88  672,300 
11/30/2022 31.42  31.75  30.87  31.54  460,400 
11/29/2022 30.97  31.12  30.50  30.85  344,600 
11/28/2022 30.31  30.98  30.00  30.60  573,800 
11/25/2022 31.35  31.74  31.10  31.10  107,300 
11/23/2022 31.41  31.76  31.07  31.48  445,100 
11/22/2022 31.06  32.19  30.50  31.88  421,500 
11/21/2022 30.55  31.59  29.20  30.42  326,300 
11/18/2022 31.04  31.04  29.65  30.54  245,800 
11/17/2022 32.00  32.65  31.24  31.24  329,300 
11/16/2022 32.35  32.52  31.50  31.50  194,500 
11/15/2022 31.70  32.64  31.57  31.90  298,300 
11/14/2022 32.83  32.83  31.01  31.01  364,800 
11/11/2022 32.05  32.85  31.83  31.83  430,414 
11/10/2022 31.04  31.61  30.63  30.88  248,564 
11/09/2022 30.68  31.21  29.88  30.03  373,635 
11/08/2022 30.59  31.47  29.88  30.69  313,915 
11/07/2022 28.85  30.73  28.85  29.95  378,897 
11/04/2022 28.17  29.34  27.91  28.18  373,227 
11/03/2022 28.00  28.42  27.28  27.28  283,679 
11/02/2022 28.49  28.68  27.07  27.07  350,832 
11/01/2022 28.79  28.82  27.85  27.85  587,057 
10/31/2022 27.64  28.79  27.64  27.72  307,342 
10/28/2022 27.56  27.91  26.87  27.06  227,126 
10/27/2022 28.43  28.54  26.77  26.77  338,474 
10/26/2022 27.81  28.40  27.37  27.37  415,396 
10/25/2022 27.23  27.81  26.90  27.18  327,882 
10/24/2022 27.67  27.89  27.15  27.15  250,865 
10/21/2022 27.54  27.73  26.82  27.06  279,807 
10/20/2022 27.42  27.96  26.70  26.70  347,982 
10/19/2022 26.45  27.50  26.45  26.69  308,722 
10/18/2022 26.55  26.94  25.77  25.77  390,735 
10/17/2022 26.03  26.55  25.74  25.74  223,006 
10/14/2022 26.17  26.66  25.32  25.32  367,424 
10/13/2022 24.59  26.51  24.56  25.70  520,915 
10/12/2022 24.95  25.20  24.40  24.43  229,024 
10/11/2022 24.40  25.22  24.05  24.52  316,001 
10/10/2022 25.41  25.82  24.17  24.17  279,283 
10/07/2022 25.49  25.72  24.83  24.83  404,165 
10/06/2022 24.76  25.57  24.59  24.84  379,183 
10/05/2022 24.21  24.90  23.58  24.12  335,028 
10/04/2022 23.28  24.15  23.02  23.57  405,917 
10/03/2022 23.03  23.24  22.43  22.43  276,735 
09/30/2022 22.07  22.43  21.61  21.61  625,501 
09/29/2022 22.79  22.79  21.90  21.90  191,190 
09/28/2022 22.25  23.12  22.02  22.55  228,193 
09/27/2022 21.96  22.39  21.65  21.65  267,030 
09/26/2022 21.55  22.19  21.37  21.37  383,525 
09/23/2022 22.82  22.82  21.33  21.33  619,148 
09/22/2022 24.19  24.30  22.82  22.82  284,011 
09/21/2022 24.32  24.43  23.23  23.23  332,907 
09/20/2022 24.10  24.23  23.35  23.35  306,928 
09/19/2022 23.96  24.23  23.59  23.59  246,825 
09/16/2022 24.88  25.02  23.68  23.68  694,705 
09/15/2022 25.52  25.77  24.48  24.48  351,443 
09/14/2022 25.06  26.00  24.94  25.38  374,596 

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
Last ReportedProjected for 2022
Weighted Average Shares46.3 M38.2 M
Weighted Average Shares Diluted46.3 M38.2 M
Issuance Purchase of Equity Shares-22.8 M-23.4 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...

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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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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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.
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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.
Market Capitalization
2.5 B
Quarterly Revenue Growth YOY
2.426
Return On Assets
0.063
Return On Equity
0.2936
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.