Tilray Inc Stock Statistic Functions Beta

TLRY Stock  USD 1.74  0.06  3.57%   
Tilray statistic functions tool provides the execution environment for running the Beta function and other technical functions against Tilray. Tilray value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Tilray statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Tilray Inc correlated with the market. If Beta is less than 0 Tilray generally moves in the opposite direction as compared to the market. If Tilray Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tilray Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tilray is generally in the same direction as the market. If Beta > 1 Tilray moves generally in the same direction as, but more than the movement of the benchmark.

Tilray Technical Analysis Modules

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 other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Tilray Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tilray Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tilray Inc based on widely used predictive technical indicators. In general, we focus on analyzing Tilray Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tilray's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Tilray's intrinsic value. In addition to deriving basic predictive indicators for Tilray, we also check how macroeconomic factors affect Tilray price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield3.122.77
Price To Sales Ratio1.691.61
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tilray's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.091.744.96
Details
Intrinsic
Valuation
LowRealHigh
0.102.085.30
Details
Naive
Forecast
LowNextHigh
0.041.774.99
Details
14 Analysts
Consensus
LowTargetHigh
2.432.672.96
Details

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In addition to having Tilray in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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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.