Tilray Inc Stock Technical Analysis
| TLRY Stock | CAD 1.92 0.01 0.52% |
As of the 28th of November, Tilray has the Risk Adjusted Performance of (0.06), variance of 9.06, and Coefficient Of Variation of (1,192). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tilray Inc, as well as the relationship between them.
Tilray Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tilray, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TilrayTilray |
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.
Tilray Inc Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Tilray Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tilray Inc Trend Analysis
Use this graph to draw trend lines for Tilray Inc. You can use it to identify possible trend reversals for Tilray as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Tilray price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tilray Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tilray Inc applied against its price change over selected period. The best fit line has a slop of 0.0075 , which may suggest that Tilray Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.11, which is the sum of squared deviations for the predicted Tilray price change compared to its average price change.About Tilray Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Tilray Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Tilray Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tilray Inc price pattern first instead of the macroeconomic environment surrounding Tilray Inc. By analyzing Tilray's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Tilray's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Tilray specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tilray November 28, 2024 Technical Indicators
Most technical analysis of Tilray help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Tilray from various momentum indicators to cycle indicators. When you analyze Tilray charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | 0.2334 | |||
| Mean Deviation | 2.15 | |||
| Coefficient Of Variation | (1,192) | |||
| Standard Deviation | 3.01 | |||
| Variance | 9.06 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | 0.2234 | |||
| Maximum Drawdown | 19.52 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 4.79 | |||
| Skewness | (0.66) | |||
| Kurtosis | 3.56 |
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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.