Rigetti Computing Stock Price on December 16, 2024
| RGTI Stock | USD 9.37 1.90 25.44% |
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 9.37, as last reported on the 20th of December, with the highest price reaching 10.08 and the lowest price hitting 6.93 during the day. Rigetti Computing is dangerous given 3 months investment horizon. Rigetti Computing maintains Sharpe Ratio (i.e., Efficiency) of 0.34, which implies the firm had a 0.34% 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 4.91% are justified by taking the suggested risk. Use Rigetti Computing Coefficient Of Variation of 330.49, semi deviation of 6.87, and Risk Adjusted Performance of 0.2497 to evaluate company specific risk that cannot be diversified away.
As of now, Rigetti Computing's Stock Based Compensation is increasing as compared to previous years. The Rigetti Computing's current Stock Based Compensation To Revenue is estimated to increase to 1.97, while Common Stock Shares Outstanding is projected to decrease to under 90.1 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 = 0.3378
| Best Portfolio | Best Equity | RGTI | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 14.53 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.91 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average Rigetti Computing is performing at about 26% 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 24.3714 | Enterprise Value Ebitda 1.29 | Price Sales 251.7427 | Shares Float 165.9 M | Wall Street Target Price 3.5 |
Rigetti Computing Main Headline on 16th of December 2024
Reviewing Rigetti Computing GEMALTO NVS by thelincolnianonline.com
Rigetti Computing and GEMALTO NVS are both computer and technology companies, but which is the better investment We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, analyst recommendations, earnings, profitability and dividends. Earnings Valuation This table compares
Rigetti Computing Valuation on December 16, 2024
It is possible to determine the worth of Rigetti Computing on a given historical date. On December 16, 2024 Rigetti was worth 7.17 at the beginning of the trading date compared to the closed value of 8.43. 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 | |
| 6.34 | 7.20 | 6.05 | 7.16 | 123,769,510 | |
12/16/2024 | 7.17 | 9.85 | 6.71 | 8.43 | 228,365,992 |
| 9.25 | 11.20 | 8.40 | 11.13 | 221,303,058 |
| Backtest Rigetti Computing | | | Rigetti Computing History | | | Rigetti Computing Valuation | Previous | Next |
Rigetti Computing Trading Date Momentum on December 16, 2024
| On December 17 2024 Rigetti Computing was traded for 11.13 at the closing time. The top price for the day was 11.20 and the lowest listed price was 8.40 . The trading volume for the day was 221.3 M. The trading history from December 17, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 32.03% . The trading delta at closing time against the current closing price is 11.39% . |
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 | 90.1 M |
Rigetti Computing Quarterly Net Working Capital |
|
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 | December 20, 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 December 20, 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 | 0.2497 | |||
| Jensen Alpha | 4.2 | |||
| Total Risk Alpha | 3.85 | |||
| Sortino Ratio | 0.4813 | |||
| Treynor Ratio | 1.38 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |