Rigel Competitors
| RIGL Stock | USD 26.04 1.00 3.99% |
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Rigel Pharmaceuticals competition on your existing holdings.
Rigel |
Rigel Pharmaceuticals Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Rigel Pharmaceuticals and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Rigel and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Rigel Pharmaceuticals does not affect the price movement of the other competitor.
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Rigel Stock performing well and Rigel Pharmaceuticals Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Rigel Pharmaceuticals' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FBIO | 3.05 | (0.47) | 0.00 | (0.23) | 0.00 | 7.43 | 26.13 | |||
| RVPH | 4.89 | 0.70 | 0.07 | (0.60) | 5.88 | 10.71 | 38.61 | |||
| CTIC | 3.53 | 1.52 | 0.59 | (21.91) | 0.91 | 5.30 | 85.60 | |||
| OCUP | 3.18 | (0.74) | 0.00 | 5.87 | 0.00 | 6.10 | 27.18 | |||
| NBRV | 3.33 | 0.16 | 0.00 | (0.30) | 4.98 | 5.52 | 32.85 | |||
| EIGR | 4.39 | (0.43) | 0.00 | (8.86) | 0.00 | 8.89 | 36.25 | |||
| PIRS | 1.62 | (0.20) | 0.00 | (0.21) | 0.00 | 3.23 | 12.92 | |||
| CDTX | 2.65 | 0.68 | 0.26 | 1.27 | 2.07 | 7.38 | 17.09 | |||
| XFOR | 4.97 | (0.84) | 0.00 | (0.45) | 0.00 | 6.90 | 62.35 | |||
| MREO | 2.65 | (0.43) | 0.00 | (0.15) | 0.00 | 5.14 | 19.32 |
Cross Equities Net Income Analysis
Compare Rigel Pharmaceuticals and related stocks such as Fortress Biotech, Reviva Pharmaceuticals, and CTi Biopharma Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FBIO | (10 M) | (36.4 M) | (27.6 M) | (37.2 M) | (20.4 M) | (48.4 M) | (55.1 M) | (66.9 M) | (84.1 M) | (51.8 M) | (103 M) | (164.8 M) | (213.9 M) | (60.6 M) | (63.7 M) |
| RVPH | (846.8 K) | (846.8 K) | (846.8 K) | (846.8 K) | (846.8 K) | (846.8 K) | (846.8 K) | (846.8 K) | (846.8 K) | (846.8 K) | (3.8 M) | (8.5 M) | (24.3 M) | (39.3 M) | (37.3 M) |
| PIRS | (274) | (274) | (274) | 66.2 K | (9.8 M) | (14.1 M) | (22.8 M) | (17.6 M) | (26.8 M) | (23.8 M) | (37.2 M) | (43.4 M) | (31.3 M) | (24.5 M) | (25.8 M) |
| CDTX | (1.3 M) | (1.3 M) | (1.3 M) | (1.3 M) | (11.9 M) | (32.2 M) | (48.2 M) | (55.7 M) | (59 M) | (40.1 M) | (72.4 M) | (43.9 M) | (29.8 M) | (22.9 M) | (24.1 M) |
| XFOR | (13.2 M) | (13.2 M) | (13.2 M) | (13.2 M) | (13.2 M) | (13.2 M) | (23 M) | (33.9 M) | (43 M) | (56.6 M) | (62.1 M) | (88.7 M) | (93.9 M) | (101.2 M) | (96.1 M) |
| MREO | (12.2 M) | (12.2 M) | (12.2 M) | (12.2 M) | (12.2 M) | (12.2 M) | (28.4 M) | (38.8 M) | (32 M) | (34.8 M) | (163.6 M) | 12.7 M | (34.2 M) | (29.5 M) | (30.9 M) |
| INZY | (7 M) | (7 M) | (7 M) | (7 M) | (7 M) | (7 M) | (7 M) | (7 M) | (7 M) | (18.6 M) | (55.8 M) | (56.4 M) | (65.4 M) | (71.2 M) | (74.7 M) |
| TERN | (17.7 M) | (17.7 M) | (17.7 M) | (17.7 M) | (17.7 M) | (17.7 M) | (17.7 M) | (17.7 M) | (17.7 M) | (68.8 M) | (40.6 M) | (50.2 M) | (60.3 M) | (90.2 M) | (85.7 M) |
| LPTX | (7.8 M) | (7.8 M) | (7.8 M) | (18.3 M) | (25.5 M) | (21.1 M) | (25.6 M) | (29.7 M) | (23.1 M) | (32.9 M) | (27.5 M) | (40.6 M) | (54.6 M) | (81.4 M) | (77.3 M) |
| ZURA | 8.4 M | 8.4 M | 8.4 M | 8.4 M | 8.4 M | 8.4 M | 8.4 M | 8.4 M | 8.4 M | 8.4 M | 8.4 M | 8.4 M | 3.5 M | (60.4 M) | (57.3 M) |
| ENVB | (1.2 M) | (33.4 K) | (24.6 K) | (161) | (33.6 K) | (1.9 M) | (2.8 M) | (9.1 M) | (16.9 M) | (5.6 M) | (6.4 M) | (49 M) | (18.5 M) | (17.3 K) | (18.2 K) |
| IMMX | (972.8 K) | (972.8 K) | (972.8 K) | (972.8 K) | (972.8 K) | (972.8 K) | (972.8 K) | (972.8 K) | (972.8 K) | (972.8 K) | (1.1 M) | (24.4 M) | (8.2 M) | (15.4 M) | (16.2 M) |
| ELEV | (5.9 M) | (5.9 M) | (5.9 M) | (5.9 M) | (5.9 M) | (5.9 M) | (5.9 M) | (5.9 M) | (5.9 M) | (5.9 M) | (17.3 M) | (32 M) | (95.1 M) | (45.7 M) | (48 M) |
| DAWN | (14.7 M) | (14.7 M) | (14.7 M) | (14.7 M) | (14.7 M) | (14.7 M) | (14.7 M) | (14.7 M) | (14.7 M) | (14.7 M) | (40.5 M) | (70.4 M) | (132.2 M) | (188.9 M) | (179.5 M) |
| ABOS | (7.9 M) | (7.9 M) | (7.9 M) | (7.9 M) | (7.9 M) | (7.9 M) | (7.9 M) | (7.9 M) | (7.9 M) | (7.9 M) | (7.3 M) | (181.7 M) | (40.5 M) | (52.4 M) | (55 M) |
Rigel Pharmaceuticals and related stocks such as Fortress Biotech, Reviva Pharmaceuticals, and CTi Biopharma Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Rigel Pharmaceuticals financial statement analysis. It represents the amount of money remaining after all of Rigel Pharmaceuticals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Rigel Pharmaceuticals Competitive Analysis
The better you understand Rigel Pharmaceuticals competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Rigel Pharmaceuticals' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Rigel Pharmaceuticals' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Rigel Pharmaceuticals Competition Performance Charts
Five steps to successful analysis of Rigel Pharmaceuticals Competition
Rigel Pharmaceuticals' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Rigel Pharmaceuticals in relation to its competition. Rigel Pharmaceuticals' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Rigel Pharmaceuticals in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Rigel Pharmaceuticals' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Rigel Pharmaceuticals, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Rigel Pharmaceuticals position
In addition to having Rigel Pharmaceuticals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Absolute Returns ETFs Thematic Idea Now
Absolute Returns ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Absolute Returns ETFs theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Absolute Returns ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Rigel Pharmaceuticals Correlation with its peers. For more information on how to buy Rigel Stock please use our How to buy in Rigel Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Biotechnology space 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 Rigel Pharmaceuticals. If investors know Rigel 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 Rigel Pharmaceuticals 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 (0.48) | Earnings Share 0.27 | Revenue Per Share 8.979 | Quarterly Revenue Growth 0.966 | Return On Assets 0.0461 |
The market value of Rigel Pharmaceuticals is measured differently than its book value, which is the value of Rigel that is recorded on the company's balance sheet. Investors also form their own opinion of Rigel Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Rigel Pharmaceuticals' 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 Rigel Pharmaceuticals' market value can be influenced by many factors that don't directly affect Rigel Pharmaceuticals' 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 Rigel Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rigel Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rigel Pharmaceuticals' 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.