Rlx Technology Stock Probability of Future Stock Price Finishing Over 1.83
| RLX Stock | USD 2.08 0.09 4.52% |
Closest to current price RLX long CALL Option Payoff at Expiration
RLX |
RLX Technology Target Price Odds to finish over 1.83
The tendency of RLX Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 1.83 in 90 days |
| 2.08 | 90 days | 1.83 | about 81.14 |
Based on a normal probability distribution, the odds of RLX Technology to stay above $ 1.83 in 90 days from now is about 81.14 (This RLX Technology probability density function shows the probability of RLX Stock to fall within a particular range of prices over 90 days) . Probability of RLX Technology price to stay between $ 1.83 and its current price of $2.08 at the end of the 90-day period is about 78.11 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.4 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, RLX Technology will likely underperform. Additionally RLX Technology has an alpha of 0.1203, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). RLX Technology Price Density |
| Price |
Predictive Modules for RLX Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RLX Technology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RLX Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
RLX Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RLX Technology is not an exception. The market had few large corrections towards the RLX Technology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold RLX Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RLX Technology within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.12 | |
β | Beta against NYSE Composite | 1.40 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.07 |
RLX Technology Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of RLX Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RLX Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 62.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Could The Market Be Wrong About RLX Technology Inc. Given Its Attractive Financial Prospects - Yahoo Lifestyle UK |
RLX Technology Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of RLX Stock often depends not only on the future outlook of the current and potential RLX Technology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. RLX Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B | |
| Cash And Short Term Investments | 8.1 B |
RLX Technology Technical Analysis
RLX Technology's future price can be derived by breaking down and analyzing its technical indicators over time. RLX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RLX Technology. In general, you should focus on analyzing RLX Stock price patterns and their correlations with different microeconomic environments and drivers.
RLX Technology Predictive Forecast Models
RLX Technology's time-series forecasting models is one of many RLX Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary RLX Technology's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about RLX Technology
Checking the ongoing alerts about RLX Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RLX Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 62.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Could The Market Be Wrong About RLX Technology Inc. Given Its Attractive Financial Prospects - Yahoo Lifestyle UK |
Check out RLX Technology Backtesting, RLX Technology Valuation, RLX Technology Correlation, RLX Technology Hype Analysis, RLX Technology Volatility, RLX Technology History as well as RLX Technology Performance. For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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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| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
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 0.06 | Revenue Per Share 0.949 | Quarterly Revenue Growth 0.815 |
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.