Rlx Technology Stock Market Value
| RLX Stock | USD 2.26 0.09 3.83% |
| Symbol | RLX |
RLX Technology Price To Book Ratio
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RLX Technology. If investors know RLX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RLX Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Earnings Share 0.07 | Revenue Per Share | Quarterly Revenue Growth 0.704 | Return On Assets |
The market value of RLX Technology is measured differently than its book value, which is the value of RLX that is recorded on the company's balance sheet. Investors also form their own opinion of RLX Technology's value that differs from its market value or its book value, called intrinsic value, which is RLX Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RLX Technology's market value can be influenced by many factors that don't directly affect RLX Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RLX Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLX Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLX Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
RLX Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to RLX Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of RLX Technology.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in RLX Technology on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding RLX Technology or generate 0.0% return on investment in RLX Technology over 90 days. RLX Technology is related to or competes with Kaival Brands, Greenlane Holdings, 22nd Century, TAAT Global, Turning Point, Altria, and Philip Morris. RLX Technology Inc., together with its subsidiaries, researchers, develops, manufactures, distributes, and sells e-vapor... More
RLX Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure RLX Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess RLX Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.11 | |||
| Information Ratio | 0.2083 | |||
| Maximum Drawdown | 14.39 | |||
| Value At Risk | (4.45) | |||
| Potential Upside | 4.74 |
RLX Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RLX Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RLX Technology's standard deviation. In reality, there are many statistical measures that can use RLX Technology historical prices to predict the future RLX Technology's volatility.| Risk Adjusted Performance | 0.1416 | |||
| Jensen Alpha | 0.4819 | |||
| Total Risk Alpha | 0.88 | |||
| Sortino Ratio | 0.1819 | |||
| Treynor Ratio | 1.02 |
RLX Technology Backtested Returns
RLX Technology appears to be unstable, given 3 months investment horizon. RLX Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for RLX Technology, which you can use to evaluate the volatility of the company. Please evaluate RLX Technology's Coefficient Of Variation of 626.77, semi deviation of 2.45, and Risk Adjusted Performance of 0.1416 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, RLX Technology holds a performance score of 7. The company holds a Beta of 0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RLX Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding RLX Technology is expected to be smaller as well. Please check RLX Technology's treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to make a quick decision on whether RLX Technology's historical price patterns will revert.
Auto-correlation | 0.52 |
Modest predictability
RLX Technology has modest predictability. Overlapping area represents the amount of predictability between RLX Technology time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of RLX Technology price movement. The serial correlation of 0.52 indicates that about 52.0% of current RLX Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
RLX Technology lagged returns against current returns
Autocorrelation, which is RLX Technology stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting RLX Technology's stock expected returns. We can calculate the autocorrelation of RLX Technology returns to help us make a trade decision. For example, suppose you find that RLX Technology has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
RLX Technology regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If RLX Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RLX Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RLX Technology stock over time.
Current vs Lagged Prices |
| Timeline |
RLX Technology Lagged Returns
When evaluating RLX Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RLX Technology stock have on its future price. RLX Technology autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, RLX Technology autocorrelation shows the relationship between RLX Technology stock current value and its past values and can show if there is a momentum factor associated with investing in RLX Technology.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for RLX Stock Analysis
When running RLX Technology's price analysis, check to measure RLX Technology'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 RLX Technology is operating at the current time. Most of RLX Technology's value examination focuses on studying past and present price action to predict the probability of RLX Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLX Technology's price. Additionally, you may evaluate how the addition of RLX Technology to your portfolios can decrease your overall portfolio volatility.