B Riley Correlations

RILYK Stock

USD 19.90 0.19 0.96%

The current 90-days correlation between B Riley Financial and B Riley Financial is 0.85 (i.e., Very poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as B Riley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if B Riley Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

B Riley Correlation With Market

Modest diversification

The correlation between B Riley Financial and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding B Riley Financial and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in B Riley Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Moving together with RILYK Stock

0.8	V	Visa Class A	Pair Corr
0.61	DHIL	Diamond Hill Investment	Pair Corr
0.73	DIST	Distoken Acquisition	Pair Corr
0.74	AB	AllianceBernstein	Pair Corr
0.64	AC	Associated Capital	Pair Corr
0.76	BN	Brookfield Corp	Pair Corr
0.9	BX	Blackstone Group Fiscal Year End 23rd of January 2025	Pair Corr
0.75	CG	Carlyle Group	Pair Corr
0.76	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.78	LC	LendingClub Corp	Pair Corr
0.78	MA	Mastercard	Pair Corr
0.7	MC	Moelis	Pair Corr
0.8	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.73	PX	P10 Inc	Pair Corr
0.72	QD	Qudian Inc Upward Rally	Pair Corr
0.82	SF	Stifel Financial Earnings Call Today	Pair Corr
0.76	WT	WisdomTree	Pair Corr
0.8	VCTR	Victory Capital Holdings Normal Trading	Pair Corr
0.64	VIRT	Virtu Financial Fiscal Year End 23rd of January 2025	Pair Corr
0.69	DYCQ	DT Cloud Acquisition	Pair Corr

Moving against RILYK Stock

0.79	WU	Western Union	Pair Corr
0.53	XP	Xp Inc Sell-off Trend	Pair Corr
0.51	RC	Ready Capital Corp	Pair Corr
0.48	RM	Regional Management Corp	Pair Corr
0.32	PT	Pintec Technology	Pair Corr
0.8	BRKHU	BurTech Acquisition Corp	Pair Corr
0.56	BRACU	Broad Capital Acquisition	Pair Corr
0.39	PFTAU	Portage Fintech Acqu	Pair Corr
0.39	BRKHW	BurTech Acquisition Corp	Pair Corr
0.38	PWUPW	PowerUp Acquisition Corp	Pair Corr
0.37	PFTAW	Portage Fintech Acqu	Pair Corr
0.36	EARN	Ellington Residential	Pair Corr
0.32	PWUPU	PowerUp Acquisition Corp	Pair Corr

Related Correlations Analysis

	RILYT	RILYM	RILYZ	RILYN	RILYO
RILYT		0.38	0.89	0.89	-0.04	RILYT
RILYM	0.38		0.65	0.24	0.46	RILYM
RILYZ	0.89	0.65		0.71	0.25	RILYZ
RILYN	0.89	0.24	0.71		-0.28	RILYN
RILYO	-0.04	0.46	0.25	-0.28		RILYO
	RILYT	RILYM	RILYZ	RILYN	RILYO

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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

RILYZ	+ 0.89	RILYT
RILYN	+ 0.89	RILYT
RILYN	+ 0.71	RILYZ
RILYZ	+ 0.65	RILYM
RILYO	+ 0.46	RILYM
RILYM	+ 0.38	RILYT

High negative correlations

RILYO	- 0.28	RILYN
RILYO	- 0.04	RILYT

Risk-Adjusted Indicators

There is a big difference between RILYK Stock performing well and B Riley Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze B Riley's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
RILYT	3.49	(0.08)	0.00	0.06	4.84	(3.40)	10.55	(9.24)	36.84
RILYM	2.54	0.19	0.06	0.32	2.71	(2.90)	3.59	(3.96)	28.41
RILYZ	3.31	0.12	0.02	0.23	4.79	(3.36)	5.35	(9.79)	37.57
RILYN	3.25	(0.06)	(0.02)	0.05	4.64	(3.30)	9.46	(9.44)	33.81
RILYO	0.41	0.01	(0.18)	0.25	0.42	(0.53)	1.20	(0.86)	2.95

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