Riley Exploration Correlations

REPX Stock

USD 33.24 -0.99 -2.89%

Current 90-days correlation between Riley Exploration Permian and SandRidge Energy is 0.52 (i.e., Weak diversification).Investors use its correlation structure to evaluate hedging opportunities and diversification potential.

Correlation With Market: Riley Exploration

Strong inverse diversification

The correlation between Riley Exploration and Dow Jones is -0.44, which Macroaxis classifies as Strong inverse diversification for the selected horizon. This chart measures the degree of risk overlap between Riley Exploration and Dow Jones.

Riley Exploration has a market cap of 742.65 million, an operating margin of 38.0%, current ratio of 0.49. Current ratio above 1.0 generally signals adequate short-term liquidity coverage. Diversification benefit depends on the correlation structure among all held positions. Broader economic conditions can influence Riley Exploration Permian's company valuation - related indicators include signals in board of governors.

Moving Together With Riley Stock

0.63	DINO	HF Sinclair Corp Earnings Call This Week	Pair Corr
0.8	DK	Delek Energy Earnings Call This Week	Pair Corr
0.91	CVI	CVR Energy	Pair Corr
0.85	MPC	Marathon Petroleum Corp	Pair Corr
0.75	PBF	PBF Energy	Pair Corr
0.67	PSX	Phillips 66	Pair Corr
0.87	REX	REX American Resources	Pair Corr
0.93	VLO	Valero Energy	Pair Corr
0.76	GPRE	Green Plains Renewable	Pair Corr
0.84	MPN	Marathon Petroleum Corp	Pair Corr
0.89	V1L	Valero Energy	Pair Corr
0.84	MPN	Marathon Petroleum	Pair Corr
0.94	PARR	Par Pacific Holdings	Pair Corr
0.87	ALTO	Alto Ingredients Earnings Call This Week	Pair Corr
0.78	SUNC	SunocoCorp LLC	Pair Corr
0.77	CLMT	Calumet Specialty Products	Pair Corr
0.62	FSTF	First State Financial	Pair Corr
0.88	COHG	Cheetah Oil Gas	Pair Corr
0.87	BFDE	Bedford Energy	Pair Corr

Moving Differently From Riley Stock

0.88	NFE	New Fortress Energy	Pair Corr
0.39	WIQ	Clean Energy Fuels	Pair Corr
0.38	9UZ	ABP NOCIVELLI ON	Pair Corr
0.78	CSAN	Cosan SA ADR Earnings Call This Week	Pair Corr
0.57	ALUR	Allurion Technologies	Pair Corr
0.39	CLNE	Clean Energy Fuels	Pair Corr

Related Correlations Analysis

	SD	VTLE	GPRK	NGL	KOS	CLNE	HPK	EGY	GRNT
SD		-0.58	-0.31	-0.66	-0.38	0.23	-0.25	-0.43	-0.35	SD
VTLE	-0.58		0.14	0.63	0.22	0.33	0.1	0.3	0.34	VTLE
GPRK	-0.31	0.14		0.44	0.7	-0.44	0.77	0.75	0.65	GPRK
NGL	-0.66	0.63	0.44		0.59	-0.16	0.4	0.63	0.64	NGL
KOS	-0.38	0.22	0.7	0.59		-0.43	0.85	0.91	0.85	KOS
CLNE	0.23	0.33	-0.44	-0.16	-0.43		-0.35	-0.35	-0.18	CLNE
HPK	-0.25	0.1	0.77	0.4	0.85	-0.35		0.92	0.87	HPK
EGY	-0.43	0.3	0.75	0.63	0.91	-0.35	0.92		0.93	EGY
GRNT	-0.35	0.34	0.65	0.64	0.85	-0.18	0.87	0.93		GRNT
	SD	VTLE	GPRK	NGL	KOS	CLNE	HPK	EGY	GRNT

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

GRNT	+ 0.93	EGY
EGY	+ 0.92	HPK
EGY	+ 0.91	KOS
GRNT	+ 0.87	HPK
HPK	+ 0.85	KOS
GRNT	+ 0.85	KOS

High negative correlations

NGL	- 0.66	SD
VTLE	- 0.58	SD
CLNE	- 0.44	GPRK
CLNE	- 0.43	KOS
EGY	- 0.43	SD
KOS	- 0.38	SD

Risk-Adjusted Indicators

Riley Exploration Company can look attractive on recent price action while risk efficiency lags the peer group. Risk-adjusted metrics help compare Riley Exploration's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SD	1.90	-0.07	0.00	-1.86	0.00	0.00	3.38	-4.40	11.30
VTLE	2.59	0.19	0.05	0.36	3.23	-2.79	6.39	-5.94	16.09
GPRK	2.71	0.25	0.07	-0.77	3.25	-2.81	4.65	-5.10	23.11
NGL	2.07	0.49	0.17	1.03	2.19	-2.19	4.76	-4.35	15.17
KOS	5.16	1.34	0.19	-0.70	6.04	-5.55	13.43	-8.58	38.63
CLNE	2.59	0.08	0.03	0.43	2.76	-3.27	5.33	-5.15	16.12
HPK	4.47	0.37	0.06	-0.75	5.42	-4.59	9.62	-9.33	25.29
EGY	2.59	0.28	0.08	-0.50	3.38	-2.59	4.96	-4.87	18.39
GRNT	2.05	0.23	0.06	-1.55	3.20	-1.89	4.26	-5.64	13.80

Riley Exploration Corporate Executives

The leadership structure of Riley Exploration Permian reveals who sets direction, approves budgets, and monitors management performance. Distinguishing insiders who manage operations from outside directors who provide independent oversight adds important governance context.

Philip Riley	CFO & Executive VP of Strategy	Profile
Jeffrey Gutman	Executive VP of Commercial Risk & Chief Accounting Officer	Profile
John Suter	COO	Profile