Tilray Downside Deviation
| TLRY Stock | | | CAD 9.83 -0.14 -1.40% |
This technical indicator view for Downside Deviation organizes signals for Tilray Inc and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Tilray has market cap of 1.15 B, P/E of 8.23, operating margin of -9.14%. See
World Market Map for portfolio-level analysis. This suggests a position in Tilray Inc inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Tilray Inc has current Downside Deviation of 4.42. Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target.
Downside Deviation | = | SQRT(DV) |
| = | 4.42 | |
Tilray Downside Deviation Peers Comparison
Tilray Downside Deviation Relative To Other Indicators
Tilray Inc is regarded as the highest-ranked stock in downside deviation category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
12.28 of Maximum Drawdown per Downside Deviation. The ratio of Maximum Drawdown to Downside Deviation for Tilray Inc is roughly
12.28 It is the square root of the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of most private investors.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.