REPX Stock | | | USD 34.96 1.07 2.97% |
Riley Exploration financial indicator trend analysis is much more than just breaking down Riley Exploration Permian prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Riley Exploration Permian is a good investment. Please check the relationship between Riley Exploration Common Stock Total Equity and its Other Stockholder Equity accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riley Exploration Permian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Common Stock Total Equity vs Other Stockholder Equity
Common Stock Total Equity vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Riley Exploration Permian Common Stock Total Equity account and
Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Riley Exploration's Common Stock Total Equity and Other Stockholder Equity is -0.44. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Riley Exploration Permian, assuming nothing else is changed. The correlation between historical values of Riley Exploration's Common Stock Total Equity and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Riley Exploration Permian are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Total Equity i.e., Riley Exploration's Common Stock Total Equity and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Other Stockholder Equity
Most indicators from Riley Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Riley Exploration Permian current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riley Exploration Permian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, Riley Exploration's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 36.2
M in 2024, whereas
Discontinued Operations is likely to drop (17.8
M) in 2024.
Riley Exploration fundamental ratios Correlations
Click cells to compare fundamentals
Riley Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Riley Exploration fundamental ratios Accounts
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measure Riley Exploration's 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 Riley Exploration is operating at the current time. Most of Riley Exploration's value examination focuses on studying past and present price action to
predict the probability of Riley Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riley Exploration's price. Additionally, you may evaluate how the addition of Riley Exploration to your portfolios can decrease your overall portfolio volatility.