Rlx Technology Stock Price on November 11, 2024
| RLX Stock | USD 1.98 0.03 1.54% |
If you're considering investing in RLX Stock, it is important to understand the factors that can impact its price. As of today, the current price of RLX Technology stands at 1.98, as last reported on the 1st of December, with the highest price reaching 2.11 and the lowest price hitting 1.93 during the day. RLX Technology appears to be very risky, given 3 months investment horizon. RLX Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.0913, which implies the firm had a 0.0913% return per unit of risk over the last 3 months. We have found thirty 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 944.8, semi deviation of 3.03, and Risk Adjusted Performance of 0.0887 to confirm if our risk estimates are consistent with your expectations.
Stock Based Compensation To Revenue is likely to rise to 0.31 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 8.5 B in 2024. . At this time, RLX Technology's Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to rise to 100.45 in 2024, whereas Price To Sales Ratio is likely to drop 14.52 in 2024. RLX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RLX |
Sharpe Ratio = 0.0913
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Estimated Market Risk
| 3.46 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average RLX Technology is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RLX Technology by adding it to a well-diversified portfolio.
Price Book 1.4393 | Enterprise Value Ebitda (2.09) | Price Sales 1.6307 | Shares Float 546.1 M | Wall Street Target Price 22.5132 |
Related Headline
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RLX Technology Valuation on November 11, 2024
It is possible to determine the worth of RLX Technology on a given historical date. On November 11, 2024 RLX was worth 1.61 at the beginning of the trading date compared to the closed value of 1.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RLX Technology stock. Still, in general, we apply an absolute valuation method to find RLX Technology's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of RLX Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RLX Technology's related companies.
| Open | High | Low | Close | Volume | |
| 1.62 | 1.64 | 1.62 | 1.63 | 1,866,530 | |
11/11/2024 | 1.61 | 1.63 | 1.59 | 1.60 | 2,740,248 |
| 1.60 | 1.61 | 1.58 | 1.59 | 3,916,919 |
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RLX Technology Trading Date Momentum on November 11, 2024
| On November 12 2024 RLX Technology was traded for 1.59 at the closing time. Highest RLX Technology's price during the trading hours was 1.61 and the lowest price during the day was 1.58 . The net volume was 3.9 M. The overall trading history on the 12th of November 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.63% . The trading delta at closing time to current price is 12.50% . |
RLX Technology Fundamentals Correlations and Trends
By evaluating RLX Technology's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among RLX Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RLX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RLX Technology Stock history
RLX Technology investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for RLX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RLX Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing RLX Technology stock prices may prove useful in developing a viable investing in RLX Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.2 B | |
| Net Income Applicable To Common Shares | 1.7 B | 1.7 B |
RLX Technology Quarterly Net Working Capital |
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RLX Technology Stock Technical Analysis
RLX Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
RLX Technology Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
RLX Technology cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RLX Technology December 1, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RLX Technology's price direction in advance. Along with the technical and fundamental analysis of RLX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RLX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0887 | |||
| Jensen Alpha | 0.3757 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0644 | |||
| Treynor Ratio | (1.91) |
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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.