B Riley Financial Preferred Stock Market Value
| RILYP Preferred Stock | USD 7.40 0.04 0.54% |
| Symbol | RILYP |
B Riley's Earnings Breakdown by Geography
B Riley 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to B Riley's preferred stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of B Riley.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in B Riley on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding B Riley Financial or generate 0.0% return on investment in B Riley over 30 days. B Riley is related to or competes with B Riley, B Riley, B Riley, and B Riley. Riley Financial, Inc., through its subsidiaries, provides investment banking and financial services to corporate, instit... More
B Riley Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure B Riley's preferred stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess B Riley Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (9.53) | |||
| Potential Upside | 8.73 |
B Riley Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for B Riley's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as B Riley's standard deviation. In reality, there are many statistical measures that can use B Riley historical prices to predict the future B Riley's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (1.43) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of B Riley's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
B Riley Financial Backtested Returns
B Riley Financial secures Sharpe Ratio (or Efficiency) of -0.002, which signifies that the company had a -0.002% return per unit of risk over the last 3 months. B Riley Financial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm B Riley's Mean Deviation of 4.68, coefficient of variation of (5,524), and Variance of 65.11 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.2, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, B Riley will likely underperform. At this point, B Riley Financial has a negative expected return of -0.0167%. Please make sure to confirm B Riley's treynor ratio and daily balance of power , to decide if B Riley Financial performance from the past will be repeated sooner or later.
Auto-correlation | 0.59 |
Modest predictability
B Riley Financial has modest predictability. Overlapping area represents the amount of predictability between B Riley time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of B Riley Financial price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current B Riley price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
B Riley Financial lagged returns against current returns
Autocorrelation, which is B Riley preferred stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting B Riley's preferred stock expected returns. We can calculate the autocorrelation of B Riley returns to help us make a trade decision. For example, suppose you find that B Riley has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
B Riley regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If B Riley preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if B Riley preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in B Riley preferred stock over time.
Current vs Lagged Prices |
| Timeline |
B Riley Lagged Returns
When evaluating B Riley's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of B Riley preferred stock have on its future price. B Riley autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, B Riley autocorrelation shows the relationship between B Riley preferred stock current value and its past values and can show if there is a momentum factor associated with investing in B Riley Financial.
Regressed Prices |
| Timeline |
Pair Trading with B Riley
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if B Riley position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in B Riley will appreciate offsetting losses from the drop in the long position's value.Moving together with RILYP Preferred Stock
| 0.84 | RILY | B Riley Financial Upward Rally | PairCorr |
Moving against RILYP Preferred Stock
| 0.46 | DB | Deutsche Bank AG | PairCorr |
| 0.45 | DIST | Distoken Acquisition | PairCorr |
| 0.44 | VOYA | Voya Financial | PairCorr |
| 0.43 | BN | Brookfield Corp | PairCorr |
| 0.42 | FG | FG Annuities Life | PairCorr |
The ability to find closely correlated positions to B Riley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B Riley when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back B Riley - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling B Riley Financial to buy it.
The correlation of B Riley is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. 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. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for B Riley can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for RILYP Preferred Stock Analysis
When running B Riley's price analysis, check to 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.