Rlx Technology Stock Alpha and Beta Analysis
| RLX Stock | USD 1.65 0.05 3.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as RLX Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in RLX Technology over a specified time horizon. Remember, high RLX Technology's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to RLX Technology's market risk premium analysis include:
Beta 0.21 | Alpha 0.0209 | Risk 3.47 | Sharpe Ratio 0.0367 | Expected Return 0.13 |
RLX Technology Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
RLX |
RLX Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. RLX Technology market risk premium is the additional return an investor will receive from holding RLX Technology 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 Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate RLX Technology's performance over market.| α | 0.02 | β | 0.21 |
RLX Technology expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of RLX Technology's Buy-and-hold return. Our buy-and-hold chart shows how RLX Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.RLX Technology Market Price Analysis
Market price analysis 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 understating and applying RLX Technology stock market price indicators, traders can identify RLX Technology position entry and exit signals to maximize returns.
RLX Technology Return and Market Media
The median price of RLX Technology for the period between Fri, Aug 9, 2024 and Thu, Nov 7, 2024 is 1.67 with a coefficient of variation of 4.66. The daily time series for the period is distributed with a sample standard deviation of 0.08, arithmetic mean of 1.68, and mean deviation of 0.06. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | RLX Technology Bright Spots Amid Results Miss - Seeking Alpha | 08/21/2024 |
2 | Canada Pension Plan Investment Board Lowers Stock Holdings in RLX Technology Inc. - MarketBeat | 09/25/2024 |
3 | RLX Technology Stock Price Up 3.9 percent - MarketBeat | 10/03/2024 |
4 | Atea Pharmaceuticals Leads The Charge In US Penny Stocks Spotlight | 10/21/2024 |
5 | 3 US Penny Stocks With Market Caps Under 200M | 10/23/2024 |
6 | RLX Technology Stock Surges with Strong Institutional Support | 10/28/2024 |
7 | November 2024s Top US Penny Stocks With Growth Potential | 11/01/2024 |
8 | US Penny Stocks To Watch 3 Picks With Market Caps Over 40M | 11/05/2024 |
About RLX Technology Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including RLX or other stocks. Alpha measures the amount that position in RLX Technology has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 3.1E-5 | 0.004963 | 0.002896 | Price To Sales Ratio | 3.93 | 14.96 | 14.22 |
RLX Technology Upcoming Company Events
As portrayed in its financial statements, the presentation of RLX Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, RLX Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of RLX Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of RLX Technology. Please utilize our Beneish M Score to check the likelihood of RLX Technology's management manipulating its earnings.
| 8th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with RLX Technology
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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.