Rigetti Computing Stock Price on September 24, 2024
| RGTI Stock | USD 3.05 0.65 27.08% |
If you're considering investing in Rigetti Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rigetti Computing stands at 3.05, as last reported on the 29th of November, with the highest price reaching 3.11 and the lowest price hitting 2.42 during the day. Rigetti Computing is dangerous given 3 months investment horizon. Rigetti Computing maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.16% are justified by taking the suggested risk. Use Rigetti Computing Risk Adjusted Performance of 0.1525, coefficient of variation of 535.12, and Semi Deviation of 5.29 to evaluate company specific risk that cannot be diversified away.
As of now, Rigetti Computing's Common Stock is increasing as compared to previous years. The Rigetti Computing's current Stock Based Compensation is estimated to increase to about 15.4 M, while Common Stock Shares Outstanding is projected to decrease to under 86.2 M. . As of now, Rigetti Computing's Price Book Value Ratio is increasing as compared to previous years. The Rigetti Computing's current Price To Book Ratio is estimated to increase to 1.25, while Price To Sales Ratio is projected to decrease to 10.28. Rigetti Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rigetti |
Sharpe Ratio = 0.2067
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Estimated Market Risk
| 10.46 actual daily | 93 93% of assets are less volatile |
Expected Return
| 2.16 actual daily | 43 57% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Rigetti Computing is performing at about 16% 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 Rigetti Computing by adding it to a well-diversified portfolio.
Price Book 4.734 | Enterprise Value Ebitda 1.29 | Price Sales 48.8993 | Shares Float 165.9 M | Wall Street Target Price 3 |
Rigetti Computing Valuation on September 24, 2024
It is possible to determine the worth of Rigetti Computing on a given historical date. On September 24, 2024 Rigetti was worth 0.77 at the beginning of the trading date compared to the closed value of 0.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rigetti Computing stock. Still, in general, we apply an absolute valuation method to find Rigetti Computing'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 Rigetti Computing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rigetti Computing's related companies.
| Open | High | Low | Close | Volume | |
| 0.79 | 0.81 | 0.76 | 0.77 | 2,741,891 | |
09/24/2024 | 0.77 | 0.79 | 0.75 | 0.76 | 2,460,104 |
| 0.77 | 0.77 | 0.71 | 0.74 | 3,637,566 |
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Rigetti Computing Trading Date Momentum on September 24, 2024
| On September 25 2024 Rigetti Computing was traded for 0.74 at the closing time. The top price for the day was 0.77 and the lowest listed price was 0.71 . The trading volume for the day was 3.6 M. The trading history from September 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.63% . The trading delta at closing time against the current closing price is 1.32% . |
Rigetti Computing Fundamentals Correlations and Trends
By evaluating Rigetti Computing'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 Rigetti Computing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rigetti financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rigetti Computing Stock history
Rigetti Computing 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 Rigetti is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rigetti Computing 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 Rigetti Computing stock prices may prove useful in developing a viable investing in Rigetti Computing
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 132 M | 86.2 M | |
| Net Loss | -64.4 M | -67.6 M |
Rigetti Computing Quarterly Net Working Capital |
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Rigetti Computing Stock Technical Analysis
Rigetti Computing 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.
Price Boundaries
Rigetti Computing Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Rigetti Computing cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Rigetti Computing November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Rigetti Computing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rigetti Computing shares will generate the highest return on investment. By undertsting and applying Rigetti Computing stock market strength indicators, traders can identify Rigetti Computing entry and exit signals to maximize returns
Rigetti Computing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rigetti Computing's price direction in advance. Along with the technical and fundamental analysis of Rigetti Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rigetti 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.
| Risk Adjusted Performance | 0.1525 | |||
| Jensen Alpha | 1.4 | |||
| Total Risk Alpha | 0.3661 | |||
| Sortino Ratio | 0.2912 | |||
| Treynor Ratio | 0.421 |
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Complementary Tools for Rigetti Stock analysis
When running Rigetti Computing's price analysis, check to measure Rigetti Computing'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 Rigetti Computing is operating at the current time. Most of Rigetti Computing's value examination focuses on studying past and present price action to predict the probability of Rigetti Computing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rigetti Computing's price. Additionally, you may evaluate how the addition of Rigetti Computing to your portfolios can decrease your overall portfolio volatility.
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