Tilray Z Score

TLRY -  USA Stock  

USD 4.66  0.12  2.64%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Additionally, take a look at Tilray Brands Piotroski F Score and Tilray Brands Valuation analysis.
  
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Tilray Z Score Analysis

Tilray Brands' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Tilray Brands Z Score

    
  1.2  
Most of Tilray Brands' fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tilray Brands is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

Based on the company's disclosures, Tilray Brands has a Z Score of 1.2. This is 82.22% lower than that of the Healthcare sector and significantly higher than that of the Drug Manufacturers—Specialty & Generic industry. The z score for all United States stocks is 86.24% higher than that of the company.

Tilray Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tilray Brands' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tilray Brands could also be used in its relative valuation, which is a method of valuing Tilray Brands by comparing valuation metrics of similar companies.
Tilray Brands is currently under evaluation in z score category among related companies.

Tilray Brands Institutional Holders

Institutional Holdings refers to the ownership stake in Tilray Brands that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tilray Brands' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tilray Brands' value.
Security TypeSharesValue
Simplex Trading LlcCall Options3.2 M24.5 M
Imcchicago LlcPut Options1.5 M11.3 M
Calamos Advisors LlcDebtM6.7 M
California Public Employees Retirement SystemCommon Shares803.9 K6.2 M
Hall Private Wealth AdvisorsCommon Shares427.1 K3.3 M
State Of New Jersey Common Pension Fund DCommon Shares415 K3.2 M
Imcchicago LlcCommon Shares310.3 K2.4 M
Commonwealth Equity Services LlcCommon Shares272.9 K2.1 M
Evanson Asset Management LlcCommon Shares262.7 KM
Advisor Group Holdings IncCommon Shares211.7 K1.5 M

Tilray Fundamentals

About Tilray Brands Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tilray Brands's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tilray Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tilray Brands 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.
Please read more on our fundamental analysis page.
Tilray, Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products. Tilray, Inc. was incorporated in 2018 and is based in New York, New York. Tilray Brands operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 2100 people.

Tilray Brands Investors Sentiment

The influence of Tilray Brands' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Tilray. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Tilray Brands Implied Volatility

    
  115.19  
Tilray Brands' implied volatility exposes the market's sentiment of Tilray Brands stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Tilray Brands' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Tilray Brands stock will not fluctuate a lot when Tilray Brands' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tilray Brands in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tilray Brands' short interest history, or implied volatility extrapolated from Tilray Brands options trading.

Current Sentiment - TLRY

Tilray Brands Investor Sentiment

Most of Macroaxis users are at this time bullish on Tilray Brands. What is your outlook on investing in Tilray Brands? Are you bullish or bearish?
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Bearish
98% Bullish
2% Bearish
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Additionally, take a look at Tilray Brands Piotroski F Score and Tilray Brands Valuation analysis. Note that the Tilray Brands information on this page should be used as a complementary analysis to other Tilray Brands' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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Is Tilray Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tilray Brands. If investors know Tilray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tilray Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tilray Brands is measured differently than its book value, which is the value of Tilray that is recorded on the company's balance sheet. Investors also form their own opinion of Tilray Brands' value that differs from its market value or its book value, called intrinsic value, which is Tilray Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tilray Brands' market value can be influenced by many factors that don't directly affect Tilray Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tilray Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine Tilray Brands value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tilray Brands' 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.