Rigetti Computing Stock Price on November 27, 2024

RGTI Stock  USD 11.81  0.44  3.59%   
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 11.81, as last reported on the 17th of February 2025, with the highest price reaching 12.23 and the lowest price hitting 11.43 during the day. Rigetti Computing is dangerous given 3 months investment horizon. Rigetti Computing maintains Sharpe Ratio (i.e., Efficiency) of 0.28, which implies the firm had a 0.28 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 5.37% are justified by taking the suggested risk. Use Rigetti Computing Risk Adjusted Performance of 0.1919, semi deviation of 11.52, and Coefficient Of Variation of 388.53 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 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 1.12, while Price To Sales Ratio is projected to decrease to 11.83. Rigetti Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2821

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Estimated Market Risk

 19.05
  actual daily
96
96% of assets are less volatile

Expected Return

 5.01
  actual daily
96
96% of assets have lower returns

Risk-Adjusted Return

 0.28
  actual daily
22
78% of assets perform better
Based on monthly moving average Rigetti Computing is performing at about 22% 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
26.9248
Enterprise Value Ebitda
1.29
Price Sales
278.118
Shares Float
189.8 M
Wall Street Target Price
12.3

Rigetti Computing Valuation on November 27, 2024

It is possible to determine the worth of Rigetti Computing on a given historical date. On November 27, 2024 Rigetti was worth 2.45 at the beginning of the trading date compared to the closed value of 2.4. 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
  2.38    2.68    2.10    2.20    126,719,203  
11/27/2024
  2.45    2.52    2.30    2.40    62,233,559  
  2.52    3.11    2.42    3.05    116,979,797  
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Open Value
2.45
2.4
Closing Value
59.61
Upside

Rigetti Computing Trading Date Momentum on November 27, 2024

On November 29 2024 Rigetti Computing was traded for  3.05  at the closing time. The top price for the day was 3.11  and the lowest listed price was  2.42 . The trading volume for the day was 117 M. The trading history from November 29, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 27.08% . The trading delta at closing time against the current closing price is 110.83% .

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 Outstanding151.8 M90.1 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
February 17, 2025
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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 February 17, 2025 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.

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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