Rigetti Computing Stock Price on December 13, 2024

RGTI Stock  USD 11.13  2.70  32.03%   
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 11.13, as last reported on the 18th of December 2024, with the highest price reaching 11.20 and the lowest price hitting 8.40 during the day. Rigetti Computing is very risky given 3 months investment horizon. Rigetti Computing maintains Sharpe Ratio (i.e., Efficiency) of 0.37, which implies the firm had a 0.37% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 5.03% are justified by taking the suggested risk. Use Rigetti Computing Risk Adjusted Performance of 0.2677, coefficient of variation of 280.68, and Semi Deviation of 5.09 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.

Sharpe Ratio = 0.3658

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Estimated Market Risk

 13.74
  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

 0.37
  actual daily
28
72% of assets perform better
Based on monthly moving average Rigetti Computing is performing at about 28% 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
19.2189
Enterprise Value Ebitda
1.29
Price Sales
198.5211
Shares Float
165.9 M
Wall Street Target Price
3.5

Rigetti Computing Main Headline on 13th of December 2024

Rigetti Computing Valuation on December 13, 2024

It is possible to determine the worth of Rigetti Computing on a given historical date. On December 13, 2024 Rigetti was worth 6.34 at the beginning of the trading date compared to the closed value of 7.16. 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
  6.65    7.89    5.85    5.97    158,125,083  
12/13/2024
  6.34    7.20    6.05    7.16    123,769,510  
  7.17    9.85    6.71    8.43    228,365,992  
Backtest Rigetti Computing  |  Rigetti Computing History  |  Rigetti Computing Valuation   PreviousNext  
Open Value
6.34
7.16
Closing Value
47.56
Upside

Rigetti Computing Trading Date Momentum on December 13, 2024

On December 16 2024 Rigetti Computing was traded for  8.43  at the closing time. The top price for the day was 9.85  and the lowest listed price was  6.71 . The trading volume for the day was 228.4 M. The trading history from December 16, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 17.74% . The trading delta at closing time against the current closing price is 29.19% .

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 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

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December 18, 2024
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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 December 18, 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.

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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