RLX TECH (Germany) Today
| 3CM Stock | EUR 1.68 0.01 0.60% |
Performance0 of 100
| Odds Of DistressLess than 9
|
RLX TECH is trading at 1.68 as of the 15th of June 2024. This is a 0.60 percent up since the beginning of the trading day. The stock's lowest day price was 1.63. RLX TECH has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for RLX TECH SPADR1 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 15th of June 2024. Click here to learn more.
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.. The company has 1.55 B outstanding shares. More on RLX TECH SPADR1
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RLX Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. RLX TECH's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding RLX TECH or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Health Information Services, Technology (View all Sectors) |
RLX TECH SPADR1 (3CM) is traded on Frankfurt Exchange in Germany and employs 1,235 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate RLX TECH's market, we take the total number of its shares issued and multiply it by RLX TECH's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. RLX TECH SPADR1 classifies itself under Technology sector and is part of Health Information Services industry. The entity has 1.55 B outstanding shares.
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Ownership AllocationRLX TECH owns a total of 1.55 Billion outstanding shares. RLX TECH has large amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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RLX TECH SPADR1 Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. RLX TECH market risk premium is the additional return an investor will receive from holding RLX TECH long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in RLX TECH. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although RLX TECH's alpha and beta are two of the key measurements used to evaluate RLX TECH's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.64 | |||
| Standard Deviation | 2.36 | |||
| Variance | 5.57 | |||
| Risk Adjusted Performance | (0.01) |
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Other Information on Investing in RLX Stock
RLX TECH financial ratios help investors to determine whether RLX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RLX with respect to the benefits of owning RLX TECH security.