Tilray Retained Earnings from 2010 to 2024

TLRY Stock  CAD 1.71  0.02  1.16%   
Tilray Retained Earnings yearly trend continues to be very stable with very little volatility. Retained Earnings are likely to grow to about -2.5 B this year. Retained Earnings is the cumulative amount of net income that Tilray Inc retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2011-11-30
Previous Quarter
-2.7 B
Current Value
-2.7 B
Quarterly Volatility
873.5 M
 
Yuan Drop
 
Covid
Check Tilray financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tilray's main balance sheet or income statement drivers, such as Interest Expense of 51.7 M, Selling General Administrative of 180.1 M or Other Operating Expenses of 1 B, as well as many indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 2.77 or PTB Ratio of 299. Tilray financial statements analysis is a perfect complement when working with Tilray Valuation or Volatility modules.
  
This module can also supplement various Tilray Technical models . Check out the analysis of Tilray Correlation against competitors.

Pair Trading with Tilray

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 Tilray 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 Tilray will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tilray Stock

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Moving against Tilray Stock

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The ability to find closely correlated positions to Tilray could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tilray 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 Tilray - 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 Tilray Inc to buy it.
The correlation of Tilray 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 Tilray moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tilray Inc 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 Tilray 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.
Pair CorrelationCorrelation Matching
When determining whether Tilray Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tilray's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tilray Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tilray Inc Stock:
Check out the analysis of Tilray Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Please note, there is a significant difference between Tilray's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tilray is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tilray's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.