Rlx Technology Stock Overlap Studies Hilbert Transform Instantaneous Trendline
RLX Stock | USD 1.78 0.04 2.20% |
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The minimum time period for execution of this function requires larger time horizon. Please increase the time horizon for this function. The output start index for this execution was zero with a total number of output elements of zero. The Instantaneous Trendline is a moving-average-like indicator which is formed by removing the Dominant Cycle from RLX Technology price series.
RLX Technology Technical Analysis Modules
Most technical analysis of RLX Technology help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for RLX from various momentum indicators to cycle indicators. When you analyze RLX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
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About RLX Technology Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RLX Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of RLX Technology based on widely used predictive technical indicators. In general, we focus on analyzing RLX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build RLX Technology's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of RLX Technology's intrinsic value. In addition to deriving basic predictive indicators for RLX Technology, we also check how macroeconomic factors affect RLX Technology price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
2022 | 2023 | 2024 (projected) | Dividend Yield | 3.1E-5 | 0.00486 | 0.002875 | Price To Sales Ratio | 3.93 | 15.28 | 14.52 |
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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
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RLX Technology pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RLX Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RLX Technology will appreciate offsetting losses from the drop in the long position's value.RLX Technology Pair Trading
RLX Technology Pair Trading Analysis
The ability to find closely correlated positions to RLX Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RLX Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RLX Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RLX Technology to buy it.
The correlation of RLX Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RLX Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RLX Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RLX Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.