Tilray Inc Stock Price on June 4, 2024
| TLRY Stock | CAD 1.89 0.03 1.56% |
If you're considering investing in Tilray Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tilray stands at 1.89, as last reported on the 1st of December, with the highest price reaching 1.93 and the lowest price hitting 1.87 during the day. Tilray Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0839, which indicates the firm had a -0.0839% return per unit of risk over the last 3 months. Tilray Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tilray's Variance of 8.55, coefficient of variation of (1,181), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
At this time, Tilray's Total Stockholder Equity is very stable compared to the past year. As of the 1st of December 2024, Common Stock Shares Outstanding is likely to grow to about 779.8 M, while Common Stock is likely to drop about 78.8 K. . At this time, Tilray's Price Book Value Ratio is very stable compared to the past year. As of the 1st 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. Tilray Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tilray |
Sharpe Ratio = -0.0839
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Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 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.
Price Book 0.3504 | Enterprise Value Ebitda (2.30) | Price Sales 2.1378 | Shares Float 897.3 M | Wall Street Target Price 1.905 |
Tilray Valuation on June 4, 2024
It is possible to determine the worth of Tilray on a given historical date. On June 4, 2024 Tilray was worth 2.44 at the beginning of the trading date compared to the closed value of 2.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tilray stock. Still, in general, we apply an absolute valuation method to find Tilray's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Tilray where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tilray's related companies.
| Open | High | Low | Close | Volume | |
| 2.47 | 2.49 | 2.43 | 2.46 | 877,800 | |
06/04/2024 | 2.44 | 2.46 | 2.39 | 2.44 | 547,900 |
| 2.44 | 2.45 | 2.40 | 2.45 | 472,200 |
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Tilray Trading Date Momentum on June 4, 2024
| On June 05 2024 Tilray Inc was traded for 2.45 at the closing time. The highest price during the trading period was 2.45 and the lowest recorded bid was listed for 2.40 . The volume for the day was 472.2 K. This history from June 5, 2024 contributed to the next trading day price boost. The trading price change to the next closing price was 0.41% . The trading price change to the current price is 2.05% . |
Tilray Inc Fundamentals Correlations and Trends
By evaluating Tilray's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tilray's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tilray financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tilray Stock history
Tilray investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tilray is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tilray Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tilray stock prices may prove useful in developing a viable investing in Tilray
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 742.6 M | 779.8 M | |
| Net Loss | -429.1 M | -407.7 M |
Tilray Quarterly Net Working Capital |
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Tilray Stock Technical Analysis
Tilray technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Tilray Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Tilray Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Tilray December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Tilray stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tilray shares will generate the highest return on investment. By undertsting and applying Tilray stock market strength indicators, traders can identify Tilray Inc entry and exit signals to maximize returns
Tilray Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tilray's price direction in advance. Along with the technical and fundamental analysis of Tilray Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tilray to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.86) |
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.