Sitio Stock Alpha and Beta Analysis

STR
 Stock
  

USD 30.85  0.25  0.82%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sitio Royalties Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sitio Royalties over a specified time horizon. Remember, high Sitio Royalties' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, take a look at Sitio Royalties Backtesting, Sitio Royalties Valuation, Sitio Royalties Correlation, Sitio Royalties Hype Analysis, Sitio Royalties Volatility, Sitio Royalties History and analyze Sitio Royalties Performance.
  
Please note that although Sitio Royalties alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Sitio Royalties did 0.24  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Sitio Royalties Corp stock's relative risk over its benchmark. Sitio Royalties Corp has a beta of 0.0248  . 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.
Sitio Royalties Book Value per Share is relatively stable at the moment as compared to the past year. Sitio Royalties reported last year Book Value per Share of 8.62. As of 11/30/2022, Tangible Assets Book Value per Share is likely to grow to 30.55, while Enterprise Value over EBITDA is likely to drop 6.37.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

4 Billion

Sitio Royalties Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sitio Royalties market risk premium is the additional return an investor will receive from holding Sitio Royalties long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sitio Royalties. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Sitio Royalties' performance over market.
α0.24   β0.0248
90 days against DJI

Sitio Royalties expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Sitio Royalties' Buy-and-hold return. Our buy-and-hold chart shows how Sitio Royalties performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Sitio Royalties Market Price Analysis

Market price analysis 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 understating and applying Sitio Royalties stock market price indicators, traders can identify Sitio Royalties position entry and exit signals to maximize returns.

Sitio Royalties Return and Market Media

The median price of Sitio Royalties for the period between Thu, Sep 1, 2022 and Wed, Nov 30, 2022 is 25.74 with a coefficient of variation of 11.58. The daily time series for the period is distributed with a sample standard deviation of 3.05, arithmetic mean of 26.31, and mean deviation of 2.52. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Amyris , CoStar Group CoStar Group, Brigham Minerals And Som...09/06/2022
2
SITIO ROYALTIES CORP. Entry into a Material Definitive Agree...09/12/2022
3
SHAREHOLDER ALERT Weiss Law Reminds MNRL, ECOM, SBTX, and IR...09/29/2022
4
EPS Estimate09/30/2022
5
SHAREHOLDER ALERT Weiss Law Reminds RMED, CYBE, LTRY, and MN...10/17/2022
6
Acquisition or disposition of Sitio Royalties securities by ...10/20/2022
7
SHAREHOLDER ALERT Weiss Law R - GuruFocus.com10/24/2022
8
Sitio Royalties Reports Third Quarter 2022 Operational and F...11/07/2022
9
EPS Reported11/08/2022
10
Piper Sandler Adjusts Price Target on Sitio Royalties to 35 ...11/17/2022

About Sitio Royalties Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Sitio or other stocks. Alpha measures the amount that position in Sitio Royalties Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity0.330.320.310.28
Interest Coverage14.933.6317.1318.07

Sitio Royalties Upcoming Company Events

As portrayed in its financial statements, the presentation of Sitio Royalties' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sitio Royalties' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Sitio Royalties' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Sitio Royalties. Please utilize our Beneish M Score to check the likelihood of Sitio Royalties' management manipulating its earnings.
Upcoming Quarterly Report2nd of November 2016
Next Financial Report15th of February 2017
Next Fiscal Quarter End30th of September 2016
Next Fiscal Year End15th of February 2017
Last Quarter Report30th of June 2016
Last Financial Announcement30th of September 2015

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Additionally, take a look at Sitio Royalties Backtesting, Sitio Royalties Valuation, Sitio Royalties Correlation, Sitio Royalties Hype Analysis, Sitio Royalties Volatility, Sitio Royalties History and analyze Sitio Royalties Performance. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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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...