TLRY vs. CGC
Compare and contrast key facts about Tilray, Inc. (TLRY) and Canopy Growth Corporation (CGC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLRY or CGC.
Correlation
The correlation between TLRY and CGC is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TLRY vs. CGC - Performance Comparison
Key characteristics
TLRY:
-0.94
CGC:
-0.69
TLRY:
-1.98
CGC:
-1.72
TLRY:
0.77
CGC:
0.80
TLRY:
-0.74
CGC:
-0.85
TLRY:
-1.59
CGC:
-1.19
TLRY:
46.20%
CGC:
71.16%
TLRY:
78.65%
CGC:
122.03%
TLRY:
-99.79%
CGC:
-99.85%
TLRY:
-99.77%
CGC:
-99.75%
Fundamentals
TLRY:
$490.76M
CGC:
$272.29M
TLRY:
-$1.23
CGC:
-$3.66
TLRY:
0.59
CGC:
0.98
TLRY:
0.18
CGC:
0.45
TLRY:
$826.66M
CGC:
$215.45M
TLRY:
$236.24M
CGC:
$68.97M
TLRY:
-$648.68M
CGC:
-$284.99M
Returns By Period
In the year-to-date period, TLRY achieves a -63.38% return, which is significantly lower than CGC's -48.54% return.
TLRY
-63.38%
-25.66%
-71.18%
-72.17%
-43.04%
N/A
CGC
-48.54%
34.29%
-74.08%
-83.79%
-61.07%
-21.86%
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Risk-Adjusted Performance
TLRY vs. CGC — Risk-Adjusted Performance Rank
TLRY
CGC
TLRY vs. CGC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tilray, Inc. (TLRY) and Canopy Growth Corporation (CGC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
TLRY vs. CGC - Dividend Comparison
Neither TLRY nor CGC has paid dividends to shareholders.
Drawdowns
TLRY vs. CGC - Drawdown Comparison
The maximum TLRY drawdown since its inception was -99.79%, roughly equal to the maximum CGC drawdown of -99.85%. Use the drawdown chart below to compare losses from any high point for TLRY and CGC. For additional features, visit the drawdowns tool.
Volatility
TLRY vs. CGC - Volatility Comparison
The current volatility for Tilray, Inc. (TLRY) is 34.84%, while Canopy Growth Corporation (CGC) has a volatility of 39.87%. This indicates that TLRY experiences smaller price fluctuations and is considered to be less risky than CGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TLRY vs. CGC - Financials Comparison
This section allows you to compare key financial metrics between Tilray, Inc. and Canopy Growth Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities