Tilray Stock Price Down 1.1 percent - Heres What Happened - MarketBeat
| TLRY Stock | CAD 1.69 0.02 1.17% |
About 61% of Tilray's investor base is looking to short. The analysis of overall sentiment of trading Tilray Inc stock suggests that many investors are alarmed at this time. Tilray's investing sentiment overview a quick insight into current market opportunities from investing in Tilray Inc. Many technical investors use Tilray Inc stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Tilray |
Tilray Stock Price Down 1.1 percent - Heres What Happened MarketBeat
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Tilray Fundamental Analysis
We analyze Tilray's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tilray using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tilray based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Tilray is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Tilray Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tilray stock to make a market-neutral strategy. Peer analysis of Tilray could also be used in its relative valuation, which is a method of valuing Tilray by comparing valuation metrics with similar companies.
Peers
Tilray Related Equities
| HTAE | Harvest Tech | 1.80 | ||||
| RUDB | RBC Discount | 0.09 | ||||
| XHB | IShares Canadian | 0.15 | ||||
| ALA-PA | Altagas Cum | 0.65 | ||||
| XEG | IShares SPTSX | 1.79 |
Check out Tilray Hype Analysis, Tilray Correlation and Tilray Performance. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.