RLX TECH (Germany) Odds of Future Stock Price Finishing Under 1.85
| 3CM Stock | EUR 1.79 0.09 5.29% |
RLX |
RLX TECH Target Price Odds to finish below 1.85
The tendency of RLX Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under € 1.85 after 90 days |
| 1.79 | 90 days | 1.85 | close to 99 |
Based on a normal probability distribution, the odds of RLX TECH to stay under € 1.85 after 90 days from now is close to 99 (This RLX TECH SPADR1 probability density function shows the probability of RLX Stock to fall within a particular range of prices over 90 days) . Probability of RLX TECH SPADR1 price to stay between its current price of € 1.79 and € 1.85 at the end of the 90-day period is about 1.98 .
Assuming the 90 days horizon RLX TECH SPADR1 has a beta of -0.28. This suggests as returns on the benchmark increase, returns on holding RLX TECH are expected to decrease at a much lower rate. During a bear market, however, RLX TECH SPADR1 is likely to outperform the market. Additionally RLX TECH SPADR1 has an alpha of 0.3508, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). RLX TECH Price Density |
| Price |
Predictive Modules for RLX TECH
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RLX TECH SPADR1. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.RLX TECH Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RLX TECH is not an exception. The market had few large corrections towards the RLX TECH's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold RLX TECH SPADR1, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RLX TECH within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | 0.06 |
RLX TECH Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of RLX TECH for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RLX TECH SPADR1 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| RLX TECH SPADR1 may become a speculative penny stock | |
| RLX TECH SPADR1 had very high historical volatility over the last 90 days | |
| About 39.0% of the company shares are owned by insiders or employees |
RLX TECH Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of RLX Stock often depends not only on the future outlook of the current and potential RLX TECH's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. RLX TECH's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 439.1 M |
RLX TECH Technical Analysis
RLX TECH's future price can be derived by breaking down and analyzing its technical indicators over time. RLX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RLX TECH SPADR1. In general, you should focus on analyzing RLX Stock price patterns and their correlations with different microeconomic environments and drivers.
RLX TECH Predictive Forecast Models
RLX TECH's time-series forecasting models is one of many RLX TECH's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary RLX TECH's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about RLX TECH SPADR1
Checking the ongoing alerts about RLX TECH for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RLX TECH SPADR1 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| RLX TECH SPADR1 may become a speculative penny stock | |
| RLX TECH SPADR1 had very high historical volatility over the last 90 days | |
| About 39.0% of the company shares are owned by insiders or employees |
Other Information on Investing in RLX Stock
RLX TECH financial ratios help investors to determine whether RLX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RLX with respect to the benefits of owning RLX TECH security.