RLX Technology Stock Forecast - Mean Deviation

RLX Stock  USD 1.80  0.02  1.12%   
RLX Stock Forecast is based on your current time horizon.
  
At this time, RLX Technology's Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to rise to 12.01 in 2024, whereas Receivables Turnover is likely to drop 7.18 in 2024. . Net Income Applicable To Common Shares is likely to rise to about 1.7 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 1.2 B in 2024.
On November 22, 2024 RLX Technology had Mean Deviation of 0.
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RLX Technology Trading Date Momentum

On November 25 2024 RLX Technology was traded for  1.80  at the closing time. Highest RLX Technology's price during the trading hours was 1.81  and the lowest price during the day was  1.75 . There was no trading activity during the period 0.0. Lack of trading volume on the 25th of November did not cause price change. The trading delta at closing time to current price is 1.67% .
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Other Forecasting Options for RLX Technology

For every potential investor in RLX, whether a beginner or expert, RLX Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. RLX Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in RLX. Basic forecasting techniques help filter out the noise by identifying RLX Technology's price trends.

RLX Technology Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with RLX Technology stock to make a market-neutral strategy. Peer analysis of RLX Technology could also be used in its relative valuation, which is a method of valuing RLX Technology by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

RLX Technology Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of RLX Technology's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of RLX Technology's current price.

RLX Technology Market Strength Events

Market strength indicators help investors to evaluate how RLX Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RLX Technology shares will generate the highest return on investment. By undertsting and applying RLX Technology stock market strength indicators, traders can identify RLX Technology entry and exit signals to maximize returns.

RLX Technology Risk Indicators

The analysis of RLX Technology's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in RLX Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rlx stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

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.