Tilray Stock Performance

TLRY -  USA Stock  

USD 4.72  0.14  2.88%

The entity has a beta of 1.8666, which indicates a somewhat significant risk relative to the market. Let's try to break down what Tilray's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tilray Brands will likely underperform. Even though it is essential to pay attention to Tilray Brands current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Tilray Brands exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Tilray Brands has an expected return of -0.23%. Please be advised to validate Tilray Brands semi variance, rate of daily change, and the relationship between the value at risk and kurtosis to decide if Tilray Brands performance from the past will be repeated at some point in the near future.
  
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Tilray Performance
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Over the last 90 days Tilray Brands has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in June 2022. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Tilray Price Channel

Quick Ratio1.31
Fifty Two Week Low3.8900
Target High Price15.59
Fifty Two Week High23.0400
Target Low Price15.59

Tilray Brands Relative Risk vs. Return Landscape

If you would invest  609.00  in Tilray Brands on February 21, 2022 and sell it today you would lose (137.00)  from holding Tilray Brands or give up 22.5% of portfolio value over 90 days. Tilray Brands is currently does not generate positive expected returns and assumes 5.8034% risk (volatility on return distribution) over the 90 days horizon. In different words, 50% of stocks are less volatile than Tilray, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Tilray Brands is expected to under-perform the market. In addition to that, the company is 4.36 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of volatility.

Tilray Brands Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tilray Brands' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tilray Brands, and traders can use it to determine the average amount a Tilray Brands' 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 = -0.0404

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Estimated Market Risk
 5.8
  actual daily
 
 49 %
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4949
Expected Return
 -0.23
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Risk-Adjusted Return
 -0.04
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Based on monthly moving average Tilray Brands is performing at about 0% of its full potential. 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 Brands by adding it to a well-diversified portfolio.

About Tilray Brands Performance

To evaluate Tilray Brands Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Tilray Brands generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Tilray Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Tilray Brands stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Tilray's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Tilray Brands Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products. Tilray Brands Inc. was incorporated in 2018 and is headquartered 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 1700 people.

Things to note about Tilray Brands

Checking the ongoing alerts about Tilray Brands for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tilray Brands help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Tilray Brands Alerts

Equity Alerts and Improvement Suggestions

Tilray Brands generated a negative expected return over the last 90 days
Tilray Brands has high historical volatility and very poor performance
Tilray Brands has high likelihood to experience some financial distress in the next 2 years
Tilray Brands currently holds about 279.21 M in cash with (148.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.56.
Latest headline from www.thegrowthop.com: Tilray offer to buy HEXO in November was turned down as it represented less than sufficient value - The GrowthOp
Additionally, take a look at World Market Map. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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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.