Tilray Inc Stock Chance of Future Stock Price Finishing Over 10.18

TLRY Stock  CAD 1.69  0.02  1.17%   
Tilray's future price is the expected price of Tilray instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Tilray Inc performance during a given time horizon utilizing its historical volatility. Check out Tilray Backtesting, Tilray Valuation, Tilray Correlation, Tilray Hype Analysis, Tilray Volatility, Tilray History as well as Tilray Performance.
  
At this time, Tilray's Price Book Value Ratio is very stable compared to the past year. As of the 17th of December 2024, Price Earnings To Growth Ratio is likely to grow to 27.71, while Price To Sales Ratio is likely to drop 1.61. Please specify Tilray's target price for which you would like Tilray odds to be computed.

Tilray Target Price Odds to finish over 10.18

The tendency of Tilray Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over C$ 10.18  or more in 90 days
 1.69 90 days 10.18 
close to zero percent
Based on a normal probability distribution, the odds of Tilray to move over C$ 10.18  or more in 90 days from now is close to zero percent (This Tilray Inc probability density function shows the probability of Tilray Stock to fall within a particular range of prices over 90 days) . Probability of Tilray Inc price to stay between its current price of C$ 1.69  and C$ 10.18  at the end of the 90-day period is about 97.0 .
Assuming the 90 days trading horizon Tilray has a beta of 0.0071. This usually implies as returns on the market go up, Tilray average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tilray Inc will be expected to be much smaller as well. Additionally Tilray Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Tilray Price Density   
       Price  

Predictive Modules for Tilray

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tilray Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.081.684.51
Details
Intrinsic
Valuation
LowRealHigh
0.081.584.41
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.03-0.010.00
Details

Tilray Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Tilray is not an exception. The market had few large corrections towards the Tilray's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Tilray Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tilray within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.48
β
Beta against Dow Jones0.01
σ
Overall volatility
0.23
Ir
Information ratio -0.2

Tilray Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Tilray for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tilray Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Tilray Inc generated a negative expected return over the last 90 days
Tilray Inc may become a speculative penny stock
Tilray Inc has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 788.94 M. Net Loss for the year was (222.4 M) with profit before overhead, payroll, taxes, and interest of 116.82 M.
Tilray Inc has accumulated about 490.64 M in cash with (30.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8.
Latest headline from news.google.com: Tilray Stock Price Down 1.1 percent - Heres What Happened - MarketBeat

Tilray Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Tilray Stock often depends not only on the future outlook of the current and potential Tilray's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Tilray's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding742.6 M
Cash And Short Term Investments260.5 M

Tilray Technical Analysis

Tilray's future price can be derived by breaking down and analyzing its technical indicators over time. Tilray Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tilray Inc. In general, you should focus on analyzing Tilray Stock price patterns and their correlations with different microeconomic environments and drivers.

Tilray Predictive Forecast Models

Tilray's time-series forecasting models is one of many Tilray's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Tilray's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Tilray Inc

Checking the ongoing alerts about Tilray for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tilray Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Tilray Inc generated a negative expected return over the last 90 days
Tilray Inc may become a speculative penny stock
Tilray Inc has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 788.94 M. Net Loss for the year was (222.4 M) with profit before overhead, payroll, taxes, and interest of 116.82 M.
Tilray Inc has accumulated about 490.64 M in cash with (30.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8.
Latest headline from news.google.com: Tilray Stock Price Down 1.1 percent - Heres What Happened - MarketBeat
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 Tilray Backtesting, Tilray Valuation, Tilray Correlation, Tilray Hype Analysis, Tilray Volatility, Tilray History as well as Tilray Performance.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.