RILYZ Stock | | | USD 10.07 0.07 0.69% |
B Riley financial indicator trend analysis is way more than just evaluating B Riley Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether B Riley Financial is a good investment. Please check the relationship between B Riley Payables Turnover and its Pb Ratio accounts. 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.
Payables Turnover vs Pb Ratio
Payables Turnover vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
B Riley Financial Payables Turnover account and
Pb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between B Riley's Payables Turnover and Pb Ratio is 0.45. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of B Riley Financial, assuming nothing else is changed. The correlation between historical values of B Riley's Payables Turnover and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of B Riley Financial are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Payables Turnover i.e., B Riley's Payables Turnover and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Pb Ratio
Most indicators from B Riley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into B Riley Financial 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 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.
At this time, B Riley's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 41.8
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.44 in 2024.
B Riley fundamental ratios Correlations
Click cells to compare fundamentals
B Riley Account Relationship Matchups
High Positive Relationship
High Negative Relationship
B Riley fundamental ratios Accounts
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Additional Tools for RILYZ Stock Analysis
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measure B Riley'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 B Riley is operating at the current time. Most of B Riley's value examination focuses on studying past and present price action to
predict the probability of B Riley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B Riley's price. Additionally, you may evaluate how the addition of B Riley to your portfolios can decrease your overall portfolio volatility.