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 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TLRY vs. CGC - Performance Comparison
Key characteristics
TLRY:
-0.47
CGC:
-0.28
TLRY:
-0.36
CGC:
0.55
TLRY:
0.96
CGC:
1.06
TLRY:
-0.37
CGC:
-0.41
TLRY:
-1.03
CGC:
-0.79
TLRY:
36.00%
CGC:
52.05%
TLRY:
78.39%
CGC:
148.10%
TLRY:
-99.46%
CGC:
-99.52%
TLRY:
-99.41%
CGC:
-99.50%
Fundamentals
TLRY:
$1.12B
CGC:
$452.86M
TLRY:
-$0.27
CGC:
-$5.00
TLRY:
$618.27M
CGC:
$280.50M
TLRY:
$150.84M
CGC:
$81.36M
TLRY:
-$63.20M
CGC:
-$448.66M
Returns By Period
The year-to-date returns for both investments are quite close, with TLRY having a -45.22% return and CGC slightly higher at -44.62%.
TLRY
-45.22%
-3.82%
-24.10%
-42.47%
-40.67%
N/A
CGC
-44.62%
-24.73%
-58.69%
-37.25%
-57.40%
-16.86%
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Risk-Adjusted Performance
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 -99.46%, roughly equal to the maximum CGC drawdown of -99.52%. 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 15.81%, while Canopy Growth Corporation (CGC) has a volatility of 17.33%. 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