Rigetti Computing Stock Performance
| RGTI Stock | USD 2.75 1.01 58.05% |
Rigetti Computing holds a performance score of 17 on a scale of zero to a hundred. The company holds a Beta of 3.6, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rigetti Computing will likely underperform. Use Rigetti Computing downside variance, and the relationship between the sortino ratio and accumulation distribution , to analyze future returns on Rigetti Computing.
Risk-Adjusted Performance
17 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Rigetti Computing are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite fairly uncertain basic indicators, Rigetti Computing demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Disposition of 17294 shares by Fitzgerald Alissa of Rigetti Computing at 0.8 subject to Rule 16b-3 | 09/09/2024 |
2 | Disposition of 8000 shares by Fitzgerald Alissa of Rigetti Computing at 0.272 subject to Rule 16b-3 | 09/27/2024 |
3 | Rigetti Computing, Inc. Stock Falls Amid Market Uptick What Investors Need to Know | 10/08/2024 |
4 | Rigetti Computing, Inc. Stock Dips While Market Gains Key Facts | 11/05/2024 |
5 | Sprout Social Beats Q3 Earnings and Revenue Estimates | 11/08/2024 |
6 | Rigetti Computing Inc Q3 2024 Earnings Report Preview What To Look For | 11/11/2024 |
7 | Rigetti Computing GAAP EPS of -0.08, revenue of 2.4M | 11/12/2024 |
8 | Rigetti Computing Inc Q3 2024 Earnings Call Highlights Navigating Challenges and ... | 11/13/2024 |
9 | Bessemer Venture Partners X. L. Sells 1,286,114 Shares of Rigetti Computing, Inc. Stock | 11/14/2024 |
10 | The Rigetti Computing, Inc. Analysts Have Been Trimming Their Sales Forecasts | 11/15/2024 |
11 | Director Cathy Mccarthy Sells 50,000 Shares of Rigetti Computing Inc | 11/19/2024 |
12 | Acquisition by Johnson Ray O of 113821 shares of Rigetti Computing subject to Rule 16b-3 | 11/21/2024 |
| Begin Period Cash Flow | 57.9 M | |
| Free Cash Flow | -59.6 M |
Rigetti |
Rigetti Computing Relative Risk vs. Return Landscape
If you would invest 86.00 in Rigetti Computing on August 28, 2024 and sell it today you would earn a total of 189.00 from holding Rigetti Computing or generate 219.77% return on investment over 90 days. Rigetti Computing is currently generating 2.2886% in daily expected returns and assumes 10.1449% risk (volatility on return distribution) over the 90 days horizon. In different words, 90% of stocks are less volatile than Rigetti, and 55% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Rigetti Computing Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rigetti Computing's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Rigetti Computing, and traders can use it to determine the average amount a Rigetti Computing's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2256
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Estimated Market Risk
| 10.14 actual daily | 90 90% of assets are less volatile |
Expected Return
| 2.29 actual daily | 45 55% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Rigetti Computing is performing at about 17% 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.
Rigetti Computing Fundamentals Growth
Rigetti Stock prices reflect investors' perceptions of the future prospects and financial health of Rigetti Computing, and Rigetti Computing fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Rigetti Stock performance.
| Return On Equity | -0.51 | ||||
| Return On Asset | -0.26 | ||||
| Operating Margin | (7.29) % | ||||
| Current Valuation | 264.5 M | ||||
| Shares Outstanding | 192.3 M | ||||
| Price To Book | 2.72 X | ||||
| Price To Sales | 28.14 X | ||||
| Revenue | 12.01 M | ||||
| Gross Profit | 10.23 M | ||||
| EBITDA | (62.2 M) | ||||
| Net Income | (75.11 M) | ||||
| Cash And Equivalents | 161.02 M | ||||
| Cash Per Share | 1.31 X | ||||
| Total Debt | 30.57 M | ||||
| Debt To Equity | 0.18 % | ||||
| Current Ratio | 10.40 X | ||||
| Book Value Per Share | 0.64 X | ||||
| Cash Flow From Operations | (50.58 M) | ||||
| Earnings Per Share | (0.37) X | ||||
| Market Capitalization | 334.6 M | ||||
| Total Asset | 159.91 M | ||||
| Retained Earnings | (353.76 M) | ||||
| Working Capital | 78.61 M | ||||
About Rigetti Computing Performance
By evaluating Rigetti Computing's fundamental ratios, stakeholders can gain valuable insights into Rigetti Computing's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Rigetti Computing has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Rigetti Computing has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 339.71 | 257.18 | |
| Return On Tangible Assets | (0.47) | (0.49) | |
| Return On Capital Employed | (0.55) | (0.52) | |
| Return On Assets | (0.47) | (0.49) | |
| Return On Equity | (0.69) | (0.65) |
Things to note about Rigetti Computing performance evaluation
Checking the ongoing alerts about Rigetti Computing for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Rigetti Computing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rigetti Computing is way too risky over 90 days horizon | |
| Rigetti Computing appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 12.01 M. Net Loss for the year was (75.11 M) with profit before overhead, payroll, taxes, and interest of 10.23 M. | |
| Rigetti Computing currently holds about 161.02 M in cash with (50.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.31. | |
| Rigetti Computing has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Director Cathy Mccarthy Sells 50,000 Shares of Rigetti Computing Inc |
- Analyzing Rigetti Computing's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Rigetti Computing's stock is overvalued or undervalued compared to its peers.
- Examining Rigetti Computing's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Rigetti Computing's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rigetti Computing's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Rigetti Computing's stock. These opinions can provide insight into Rigetti Computing's potential for growth and whether the stock is currently undervalued or overvalued.
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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