Tilray Inc Stock Performance
| TLRY Stock | CAD 2.03 0.06 2.87% |
The entity has a beta of 0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tilray's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tilray is expected to be smaller as well. At this point, Tilray Inc has a negative expected return of -0.0969%. Please make sure to validate Tilray's maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Tilray Inc performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Tilray Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Tilray is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 206.6 M | |
| Free Cash Flow | -60.2 M |
Tilray |
Tilray Relative Risk vs. Return Landscape
If you would invest 225.00 in Tilray Inc on October 9, 2024 and sell it today you would lose (22.00) from holding Tilray Inc or give up 9.78% of portfolio value over 90 days. Tilray Inc is generating negative expected returns and assumes 3.9297% volatility on return distribution over the 90 days horizon. Simply put, 34% of stocks are less volatile than Tilray, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tilray Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tilray's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tilray Inc, and traders can use it to determine the average amount a Tilray's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0246
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| Negative Returns | TLRY |
Estimated Market Risk
| 3.93 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tilray is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tilray by adding Tilray to a well-diversified portfolio.
Tilray Fundamentals Growth
Tilray Stock prices reflect investors' perceptions of the future prospects and financial health of Tilray, and Tilray fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Tilray Stock performance.
| Return On Equity | -0.0584 | ||||
| Return On Asset | -0.014 | ||||
| Profit Margin | (0.26) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 2.04 B | ||||
| Shares Outstanding | 903.29 M | ||||
| Price To Earning | 8.23 X | ||||
| Price To Book | 0.38 X | ||||
| Price To Sales | 2.32 X | ||||
| Revenue | 788.94 M | ||||
| EBITDA | (72.84 M) | ||||
| Cash And Equivalents | 490.64 M | ||||
| Cash Per Share | 0.80 X | ||||
| Total Debt | 387.32 M | ||||
| Debt To Equity | 0.14 % | ||||
| Book Value Per Share | 3.97 X | ||||
| Cash Flow From Operations | (30.91 M) | ||||
| Earnings Per Share | (0.39) X | ||||
| Total Asset | 4.34 B | ||||
| Retained Earnings | (2.66 B) | ||||
About Tilray Performance
By examining Tilray's fundamental ratios, stakeholders can obtain critical insights into Tilray's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Tilray is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Tilray Brands, Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. It sells its products to retailers, wholesalers, patients, physicians, hospitals, pharmacies, researchers, and governments, as well as direct to consumers. TILRAY INC is traded on Toronto Stock Exchange in Canada.Things to note about Tilray Inc performance evaluation
Checking the ongoing alerts about Tilray for important developments is a great way to find new opportunities for your next move. 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 has high historical volatility and very poor performance | |
| 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. |
- Analyzing Tilray's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Tilray's stock is overvalued or undervalued compared to its peers.
- Examining Tilray's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Tilray's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tilray's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tilray's stock. These opinions can provide insight into Tilray's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tilray Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.