Rigetti Computing Warrants Stock Price on August 8, 2024

RGTIW Stock  USD 1.02  0.01  0.97%   
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 1.02, as last reported on the 4th of December, with the highest price reaching 1.12 and the lowest price hitting 0.98 during the day. Rigetti Computing is out of control given 3 months investment horizon. Rigetti Computing maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the firm had a 0.24% return per unit of risk over the last 3 months. We were able to collect 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 417.99, semi deviation of 9.26, and Risk Adjusted Performance of 0.1922 to evaluate company specific risk that cannot be diversified away.
  
At this time, Rigetti Computing's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 486.2 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 115.7 M in 2024. . At this time, Rigetti Computing's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 1.25 in 2024, whereas Price Earnings Ratio is likely to drop (1.82) in 2024. Rigetti Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2423

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Estimated Market Risk

 20.25
  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

 0.24
  actual daily
19
81% of assets perform better
Based on monthly moving average Rigetti Computing is performing at about 19% 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.
Book Value
0.64
Shares Float
165.9 M
Shares Short Prior Month
18 K
Earnings Share
(1.90)
Shares Short
17.7 K

Rigetti Computing Valuation on August 8, 2024

It is possible to determine the worth of Rigetti Computing on a given historical date. On August 8, 2024 Rigetti was worth 0.12 at the beginning of the trading date compared to the closed value of 0.12. 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
  0.13    0.13    0.11    0.11    1,465  
08/08/2024
  0.12    0.13    0.11    0.12    18,973  
  0.11    0.11    0.09    0.10    54,678  
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Open Value
0.12
0.12
Closing Value
60.87
Upside

Rigetti Computing Trading Date Momentum on August 8, 2024

On August 09 2024 Rigetti Computing Warrants was traded for  0.10  at the closing time. The highest daily price throughout the period was 0.11  and the lowest price was  0.09 . The daily volume was 54.7 K. The net trading volume on 08/09/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 16.67% . The trading delta at closing time to current closing price is 41.67% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding132 M86.2 M

Rigetti Computing Quarterly Net Working Capital

82.41 Million

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.
A focus of Rigetti Computing technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rigetti Computing 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

Rigetti Computing Period Price Range

Low
December 4, 2024
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Rigetti Computing December 4, 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 Warrants 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.

Additional 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.