MEXA • NASDAQ • RILYG
US equities · completed weekly research
🇺🇸 NASDAQ · Other · Other
RILYG beta and relative strength
B. Riley Financial Inc. 5.00% Senior Notes due 2026
RILYG is weakening, but still above benchmark with inverse to QQQ.
Directional participation
RILYG in rising and falling QQQ weeks
These percentages count what actually happened in completed weeks. They describe historical participation, not certainty about the next move.
The stock sometimes follows the benchmark, but neither direction has been consistently dependable.
63% of directional weeks moved the same way.RILYG also rose in 66% of 29 rising benchmark weeks.
RILYG also fell in 61% of 23 falling benchmark weeks.
-0.5% over 13 weeks21.8% volatility
After 16 earlier matches by direction and movement level, directional participation is mixed.
Joined rising weeks58%
Joined falling weeks50%
Benchmark fit
RILYG sensitivity to QQQ
The benchmark relationship is weak and explains 0% of weekly movement over the latest year. Current beta is -0.02 and is stable.
A wider range means the beta estimate is less precise.
How consistently rolling beta has held its level and direction.
The weekly regression intercept annualised; it is historical, not expected return.
Annualised volatility of returns above or below the benchmark.
+0.2 point change in movement explained across two distinct 26-week windows.
Weaker benchmark fitStronger benchmark fitLower sensitivityHigher sensitivity
The benchmark fit is too weak for the headline beta to be treated as a dependable description on its own.
If QQQ rises 1%-0.56%historically associated RILYG move
If QQQ falls 1%+0.12%historically associated RILYG move
Movement explained0%
Stability48%
Directional agreement63%
Rolling beta
26-week estimates show whether market sensitivity is rising or falling.
Move across the chart to inspect a completed week.
Rolling betaMarket-like beta 1.00
Rolling relationship strength
Correlation shows direction; explained movement shows how useful the relationship has been.
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CorrelationMovement explained
PeriodBetaCorrelationMovement explainedAlphaExcess returnTracking error
6 months0.037%0%+15.6%-8.9%23.0%
1 year-0.02-2%0%+29.3%+5.8%27.0%
2 years0.4615%2%+48.6%+68.5%63.9%
3 years0.165%0%+33.9%-47.8%70.1%
Relative strength
RILYG relative strength against QQQ
The score compares the stock/benchmark ratio with its trailing 52-week average. Above zero means the ratio is above trend; direction shows whether that advantage is building or fading.
Relative-strength trend
Current score 2.62 · 13-week change -4.98
Move across the chart to inspect a completed week.
Relative strengthZero baseline
Stock, benchmark and worthwhile peers
Each path starts at 100. Sector and industry appear only when their Market Structure indexes have enough constituents.
Move across the chart to inspect a completed week.
The stored sector and industry groups did not meet the minimum constituent thresholds for a worthwhile comparison.
Return components
13-week and 52-week returns relative to QQQ
This is a return bridge, not a claim of cause. It starts with the benchmark return, then shows the difference added at sector, industry and ticker level.
Broad market-0.5%
Return beyond benchmark+1.5%
The largest source of relative strength was the return beyond benchmark. RILYG returned 1.0%; QQQ returned -0.5%.
Broad market+25.2%
Return beyond benchmark+5.8%
The largest source of relative strength was the return beyond benchmark. RILYG returned 31.0%; QQQ returned 25.2%.
Market conditions
RILYG in rising and falling benchmark weeks
Downside beta is higher than upside beta, so weak benchmark weeks have carried more sensitivity.
ConditionWeeksRILYG averageQQQ averageBetaBeat benchmark
Benchmark up29+0.88%+2.29%-0.5628%
Benchmark down23+0.14%-1.84%-0.1278%
Strongest benchmark weeks10+0.02%+4.05%0.110%
Weakest benchmark weeks10-0.05%-3.12%-0.5390%
Quieter benchmark weeks26+1.36%+0.23%0.2058%
Historical extremes
Strongest and weakest 13-week relative periods
Distinct 13-week windows prevent one long move from filling the list with overlapping dates.
Strongest relative periods
RILYG 192.5% · QQQ 17.9%
The move was not clearly shared by the available sector or industry indexes.RILYG 41.2% · QQQ 3.0%
The move was not clearly shared by the available sector or industry indexes.RILYG 33.1% · QQQ -1.8%
The move was not clearly shared by the available sector or industry indexes.Weakest relative periods
RILYG -50.9% · QQQ 5.3%
The move was not clearly shared by the available sector or industry indexes.RILYG -24.1% · QQQ 23.0%
The move was not clearly shared by the available sector or industry indexes.RILYG -14.9% · QQQ 20.7%
The move was not clearly shared by the available sector or industry indexes.Pressure and timing
Drawdowns and lead/lag relationship
The strongest link is in the same week. Lead/lag evidence is treated as secondary because timing relationships can change quickly.
Drawdown from each rolling high
Worst available drawdown: RILYG -65.7% · QQQ -34.1%
Move across the chart to inspect a completed week.
RILYG drawdownQQQ drawdown
-6%
-8%
5%
1%
-7%
Observable signals
Signals that would confirm or change the reading
These are conditions to monitor, not price targets or forecasts.
A fall through zero would show that the stock/benchmark ratio has moved below its trailing one-year average.
Downside beta is higher than upside beta. A narrowing gap would be the first sign of better asymmetry.
Rising beta means broad-market moves are carrying more weight; falling beta means ticker-specific forces are carrying more weight.
Method and limits
Data and interpretation limits
- Data
- Completed weekly observations from 2021-12-17 to 2026-08-21 · 245 aligned weeks.
- Current reading
- 52 weeks; rolling charts use 26 weeks.
- Relative strength
- Stock/benchmark ratio compared with its trailing 52-week average.
- Peer evidence
- At least 10 sector constituents and 5 industry constituents. Thin groups are excluded.
- Boundary
- Historical relationship analysis, not a forecast or a statement of cause. Historical relationships can break without warning.