Relx PLC (Germany) Price on February 1, 2023

RDED Stock  EUR 43.60  0.60  1.36%   
If you're considering investing in Relx Stock, it is important to understand the factors that can impact its price. As of today, the current price of Relx PLC stands at 43.60, as last reported on the 23rd of December, with the highest price reaching 43.80 and the lowest price hitting 43.60 during the day. At this point, Relx PLC is very steady. Relx PLC ADR maintains Sharpe Ratio (i.e., Efficiency) of 0.0172, which implies the firm had a 0.0172% return per unit of risk over the last 3 months. We have found thirty technical indicators for Relx PLC ADR, which you can use to evaluate the volatility of the company. Please check Relx PLC's Semi Deviation of 1.06, risk adjusted performance of 0.0217, and Coefficient Of Variation of 4481.54 to confirm if the risk estimate we provide is consistent with the expected return of 0.0228%.
  
Relx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0172

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Estimated Market Risk

 1.33
  actual daily
11
89% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Relx PLC is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Relx PLC by adding it to a well-diversified portfolio.

Relx PLC Valuation on February 1, 2023

It is possible to determine the worth of Relx PLC on a given historical date. On February 1, 2023 Relx was worth 25.87 at the beginning of the trading date compared to the closed value of 26.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Relx PLC stock. Still, in general, we apply an absolute valuation method to find Relx PLC's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Relx PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Relx PLC's related companies.
 Open High Low Close Volume
  26.06    26.06    26.06    26.06    1.00  
02/01/2023
  25.87    26.06    25.87    26.06    1.00  
  25.87    26.06    25.87    26.06    1.00  
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Open Value
25.87
26.06
Closing Value
29.85
Upside

Relx PLC Trading Date Momentum on February 1, 2023

On February 02 2023 Relx PLC ADR was traded for  26.06  at the closing time. The maximum traded price for the trading interval was 26.06  and the lowest daily price was  25.87 . There was no trading activity during the period 1.0. Lack of trading volume on 2nd of February 2023 did not cause price change. The trading delta at closing time to the closing price today is 1.46% .

Relx PLC ADR Fundamentals Correlations and Trends

By evaluating Relx PLC's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Relx PLC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Relx financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Relx PLC Stock history

Relx PLC investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Relx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Relx PLC ADR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Relx PLC stock prices may prove useful in developing a viable investing in Relx PLC
RELX PLC provides information based-analytics and decision tools for professional and business customers in the United States and internationally. RELX PLC was incorporated in 1903 and is headquartered in London, the United Kingdom. RELX PLC is traded on Frankfurt Stock Exchange in Germany.

Relx PLC Stock Technical Analysis

Relx PLC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Relx PLC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Relx PLC trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Relx PLC Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Relx PLC ADR cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Relx PLC December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Relx PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Relx PLC shares will generate the highest return on investment. By undertsting and applying Relx PLC stock market strength indicators, traders can identify Relx PLC ADR entry and exit signals to maximize returns

Relx PLC Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Relx PLC's price direction in advance. Along with the technical and fundamental analysis of Relx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Relx to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Relx Stock analysis

When running Relx PLC's price analysis, check to measure Relx PLC'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 Relx PLC is operating at the current time. Most of Relx PLC's value examination focuses on studying past and present price action to predict the probability of Relx PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Relx PLC's price. Additionally, you may evaluate how the addition of Relx PLC to your portfolios can decrease your overall portfolio volatility.
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