TLRY Stock | | | USD 1.34 0.03 2.19% |
Tilray financial indicator trend analysis is much more than just breaking down Tilray Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tilray Inc is a good investment. Please check the relationship between Tilray Payout Ratio and its Dividend Yield accounts. 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 metropolitan statistical area.
Payout Ratio vs Dividend Yield
Payout Ratio vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tilray Inc Payout Ratio account and
Dividend Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Tilray's Payout Ratio and Dividend Yield is -0.8. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Tilray Inc, assuming nothing else is changed. The correlation between historical values of Tilray's Payout Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Tilray Inc are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Payout Ratio i.e., Tilray's Payout Ratio and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Payout Ratio
Payout Ratio is the proportion of Tilray Inc earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Tilray Inc dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Tilray Inc is paying out more in dividends than it makes in net income.
Dividend Yield
Dividend Yield is Tilray Inc dividend as a percentage of Tilray stock price. Tilray Inc dividend yield is a measure of Tilray stock productivity, which can be interpreted as interest rate earned on an Tilray investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Tilray's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tilray Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 metropolitan statistical area.
Selling General Administrative is likely to rise to about 180.1
M in 2024, despite the fact that
Tax Provision is likely to grow to (25.3
M).
Tilray fundamental ratios Correlations
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Tilray Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tilray fundamental ratios Accounts
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Additional Tools for Tilray Stock Analysis
When running Tilray's price analysis, check to
measure Tilray's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tilray is operating at the current time. Most of Tilray's value examination focuses on studying past and present price action to
predict the probability of Tilray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tilray's price. Additionally, you may evaluate how the addition of Tilray to your portfolios can decrease your overall portfolio volatility.