B Riley Correlations

RILYN Stock

USD 13.33 1.06 8.64%

The current 90-days correlation between B Riley Financial and B Riley Financial, is 0.17 (i.e., Average 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 0.21 (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 against RILYN Stock

0.42

Regional Management Corp

Pair Corr

Related Correlations Analysis

	RILYM	RILYO	RILYZ	RILYG	RILYT
RILYM		0.0	0.03	-0.47	0.33	RILYM
RILYO	0.0		0.0	0.0	0.0	RILYO
RILYZ	0.03	0.0		0.65	0.89	RILYZ
RILYG	-0.47	0.0	0.65		0.47	RILYG
RILYT	0.33	0.0	0.89	0.47		RILYT
	RILYM	RILYO	RILYZ	RILYG	RILYT

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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

RILYT	+ 0.89	RILYZ
RILYG	+ 0.65	RILYZ
RILYT	+ 0.47	RILYG
RILYT	+ 0.33	RILYM
RILYZ	+ 0.03	RILYM
RILYO	+ 0.0	RILYM

High negative correlations

RILYG	- 0.47	RILYM
RILYT	- 0.0	RILYO
RILYG	- 0.0	RILYO
RILYZ	- 0.0	RILYO
RILYO	- 0.0	RILYM

Risk-Adjusted Indicators

There is a big difference between RILYN 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
RILYM	0.47	0.12	0.20	0.88	0.28	(0.61)	1.48	(1.10)	5.50
RILYO	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
RILYZ	2.39	(0.06)	0.00	(0.05)	0.00	0.00	5.35	(5.90)	13.40
RILYG	1.39	(0.01)	0.00	(0.02)	0.00	0.00	4.29	(2.55)	10.67
RILYT	2.86	(0.03)	0.00	(0.02)	0.00	0.00	9.11	(5.46)	16.74

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