RLX TECH (Germany) Performance
| 3CM Stock | EUR 2.04 0.02 0.97% |
On a scale of 0 to 100, RLX TECH holds a performance score of 18. The company holds a Beta of -0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RLX TECH are expected to decrease at a much lower rate. During the bear market, RLX TECH is likely to outperform the market. Please check RLX TECH's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether RLX TECH's historical price patterns will revert.
Risk-Adjusted Performance
18 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in RLX TECH SPADR1 are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, RLX TECH reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Price Earnings Ratio | 9.5238 |
RLX |
RLX TECH Relative Risk vs. Return Landscape
If you would invest 147.00 in RLX TECH SPADR1 on November 1, 2024 and sell it today you would earn a total of 57.00 from holding RLX TECH SPADR1 or generate 38.78% return on investment over 90 days. RLX TECH SPADR1 is currently producing 0.5767% returns and takes up 2.4414% volatility of returns over 90 trading days. Put another way, 21% of traded stocks are less volatile than RLX, and 89% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
RLX TECH Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RLX TECH's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as RLX TECH SPADR1, and traders can use it to determine the average amount a RLX TECH's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2362
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Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average RLX TECH is performing at about 18% 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 TECH by adding it to a well-diversified portfolio.
RLX TECH Fundamentals Growth
RLX Stock prices reflect investors' perceptions of the future prospects and financial health of RLX TECH, and RLX TECH fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on RLX Stock performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0782 | |||
| Profit Margin | 0.31 % | |||
| Operating Margin | 0.30 % | |||
| Shares Outstanding | 1.55 B | |||
| Revenue | 6.9 B | |||
| EBITDA | 2.13 B | |||
| Book Value Per Share | 11.76 X | |||
| Earnings Per Share | 0.21 X | |||
About RLX TECH Performance
By analyzing RLX TECH's fundamental ratios, stakeholders can gain valuable insights into RLX TECH's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if RLX TECH has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if RLX TECH has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cannvas MedTech Inc. operates as a business technology company within the health sciences sector in the United States and internationally. Cannvas MedTech Inc. was incorporated in 2014 and is headquartered in Vancouver, Canada. CANNVAS MEDTECH is traded on Frankfurt Stock Exchange in Germany.Things to note about RLX TECH SPADR1 performance evaluation
Checking the ongoing alerts about RLX TECH for important developments is a great way to find new opportunities for your next move. 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.| About 39.0% of the company shares are owned by insiders or employees |
- Analyzing RLX TECH's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether RLX TECH's stock is overvalued or undervalued compared to its peers.
- Examining RLX TECH's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating RLX TECH's management team can have a significant impact on its success or failure. Reviewing the track record and experience of RLX TECH's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of RLX TECH's stock. These opinions can provide insight into RLX TECH's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for RLX Stock analysis
When running RLX TECH's price analysis, check to measure RLX TECH'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 TECH is operating at the current time. Most of RLX TECH's value examination focuses on studying past and present price action to predict the probability of RLX TECH'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 TECH's price. Additionally, you may evaluate how the addition of RLX TECH to your portfolios can decrease your overall portfolio volatility.
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