Australian Stocks signal
STO

STO

Santos Limited · Energy

Australian StocksOil & Gas E&PASXAUD-24.9% from ATH
Current Price

$7.35

Drawdown from ATH

-24.9%

Last Updated

Jun 17, 2026

Dipsern Grade90d

D

Weak

Graded against STO's own history at this drawdown — not the market's.

What it means: STO's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
Historical Win Rate
Last 30 days-6.91%
May 6Jun 17
About STO

Santos Limited

Santos Limited explores, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Alaska, Cooper Basin, Queensland and New South Wales, Papua New Guinea, Northern Australia, Timor-Leste and Western Australia. It also engages in the development of decarbonization technologies. In addition, the company produces crude oil, liquefied petroleum gas, ethane, liquefied natural gas, and condensate, as well as natural gas. Santos

The reading

How Dipsern reads STO right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is STO doing right now?

In plain terms: STO is 24.9% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

Right now STO — Santos Ltd. — is in a deep drawdown, down 24.9% from its record high. Last price: $7.35. Asset price action of this severity has historically marked attractive entry zones — but only when fundamentals weren't permanently impaired. The historical median return below quantifies that pattern for STO specifically.

Historical base rate

What history says at this drawdown

Across all available history, STO has spent enough trading days in the 25%-to-20% drawdown band to build a large sample (723 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.

Interpretation

What this means for STO

Drawdown-based signals work across asset classes but the magnitude of meaningful moves varies. Dipsern computes the segmentation per-asset so the bands are calibrated to STO's own volatility history. Below 20% drawdowns the historical median forward return often becomes attractive — but with rising variance. The win-rate column in the segments table is more useful than the median at this depth.

Comparable signals

Other Australian Stocks at similar drawdown levels

Five tickers closest to STO's distance from all-time high. Same category, one tap away.

Amcor PLC

-24.5% from ATH

Brambles Ltd.

-26.8% from ATH

Evolution Mining Ltd.

-22.9% from ATH

Technology One Ltd.

-27.0% from ATH

Ansell Ltd.

-22.6% from ATH

Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for STO. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-85% to -80%3
-80% to -75%64
-75% to -70%215
-70% to -65%233
-65% to -60%184
-60% to -55%170
-55% to -50%234
-50% to -45%427
-45% to -40%524
-40% to -35%704
-35% to -30%983
-30% to -25%640
Methodology

Every grade is reproducible.

We segment 40+ years of STO's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock STO's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for STO.

Dipsern is research and a second opinion — not a broker. You'd buy STO at your own broker.

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Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.