Sitio Stock Technical Analysis

STR
 Stock
  

USD 27.93  0.24  0.87%   

As of the 15th of August 2022, Sitio Royalties has the Semi Deviation of 3.45, risk adjusted performance of 0.0454, and Coefficient Of Variation of 3183.3. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sitio Royalties Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Sitio Royalties Corp, which can be compared to its competition. Please validate Sitio Royalties Corp jensen alpha and semi variance to decide if Sitio Royalties is priced more or less accurately, providing market reflects its prevalent price of 27.93 per share. Given that Sitio Royalties Corp has jensen alpha of 0.0391, we advise you to double-check Sitio Royalties Corp's current market performance to make sure the company can sustain itself at a future point.
  

Sitio Royalties Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sitio, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Sitio
Sitio Royalties' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Sitio Royalties Analyst Consensus

Target PriceAdvice# of Analysts
23.0Sell3Odds
Sitio Royalties Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Sitio analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Sitio stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sitio Royalties Corp, talking to its executives and customers, or listening to Sitio conference calls.
Sitio Analyst Advice Details
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...

Sitio Royalties Corp Technical Analysis

Indicator
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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Sitio Royalties Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Sitio Royalties Corp Trend Analysis

Use this graph to draw trend lines for Sitio Royalties Corp. You can use it to identify possible trend reversals for Sitio Royalties as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Sitio Royalties price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Sitio Royalties Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sitio Royalties Corp applied against its price change over selected period. The best fit line has a slop of   -0.01  , which may imply that the returns on investment in Sitio Royalties Corp will continue to fail. It has 122 observation points and a regression sum of squares at 5.37, which is the sum of squared deviations for the predicted Sitio Royalties price change compared to its average price change.

About Sitio Royalties Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Sitio Royalties Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Sitio Royalties Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sitio Royalties Corp stock first instead of the macroeconomic environment surrounding Sitio Royalties Corp. By analyzing Sitio Royalties's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Sitio Royalties's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Sitio Royalties specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity0.330.320.310.28
Interest Coverage14.933.6317.1318.07

Sitio Royalties August 15, 2022 Technical Indicators

Most technical analysis of Sitio help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Sitio from various momentum indicators to cycle indicators. When you analyze Sitio charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Sitio Royalties August 15, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Sitio stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Additionally, take a look at World Market Map. Note that the Sitio Royalties Corp information on this page should be used as a complementary analysis to other Sitio Royalties' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Sitio Stock 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.
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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
2.3 B
Quarterly Revenue Growth YOY
3.46
Return On Assets
0.0531
Return On Equity
0.29
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.