RLX Technology Stock Forecast - Maximum Drawdown
| RLX Stock | USD 1.81 0.03 1.69% |
RLX Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast RLX Technology stock prices and determine the direction of RLX Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of RLX Technology's historical fundamentals, such as revenue growth or operating cash flow patterns. Although RLX Technology's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of RLX Technology's systematic risk associated with finding meaningful patterns of RLX Technology fundamentals over time.
Check out Historical Fundamental Analysis of RLX Technology to cross-verify your projections. RLX |
Open Interest Against 2024-04-19 RLX Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast RLX Technology's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in RLX Technology's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for RLX Technology stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current RLX Technology's open interest, investors have to compare it to RLX Technology's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of RLX Technology is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in RLX. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in RLX Technology cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the RLX Technology's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets RLX Technology's price structures and extracts relationships that further increase the generated results' accuracy.
| Check RLX Technology Volatility | Backtest RLX Technology | Information Ratio |
RLX Technology Trading Date Momentum
| On April 18 2024 RLX Technology was traded for 1.81 at the closing time. Highest RLX Technology's price during the trading hours was 1.83 and the lowest price during the day was 1.77 . The net volume was 4.4 M. The overall trading history on the 18th of April 2024 did not cause price change. The trading delta at closing time to current price is 1.66% . |
| Compare RLX Technology to competition |
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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Mean Deviation | 1.63 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.99 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards RLX Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, RLX Technology's short interest history, or implied volatility extrapolated from RLX Technology options trading.
Currently Active Assets on Macroaxis
When determining whether RLX Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RLX Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rlx Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rlx Technology Stock:Check out Historical Fundamental Analysis of RLX Technology to cross-verify your projections. For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary 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.
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Is RLX Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RLX Technology. If investors know RLX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RLX Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.67) | Dividend Share 0.071 | Earnings Share 0.01 | Revenue Per Share 0.949 | Quarterly Revenue Growth 0.569 |
The market value of RLX Technology is measured differently than its book value, which is the value of RLX that is recorded on the company's balance sheet. Investors also form their own opinion of RLX Technology's value that differs from its market value or its book value, called intrinsic value, which is RLX Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RLX Technology's market value can be influenced by many factors that don't directly affect RLX Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RLX Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLX Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLX Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.