Rigetti Computing Stock Alpha and Beta Analysis
| RGTI Stock | USD 1.02 0.01 0.97% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Rigetti Computing. It also helps investors analyze the systematic and unsystematic risks associated with investing in Rigetti Computing over a specified time horizon. Remember, high Rigetti Computing's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Rigetti Computing's market risk premium analysis include:
Beta 0.67 | Alpha (0.83) | Risk 5.74 | Sharpe Ratio (0.13) | Expected Return (0.72) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Rigetti |
Rigetti Computing Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Rigetti Computing market risk premium is the additional return an investor will receive from holding Rigetti Computing long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Rigetti Computing. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Rigetti Computing's performance over market.| α | -0.83 | β | 0.67 |
Rigetti Computing expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Rigetti Computing's Buy-and-hold return. Our buy-and-hold chart shows how Rigetti Computing performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Rigetti Computing Market Price Analysis
Market price analysis 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 understating and applying Rigetti Computing stock market price indicators, traders can identify Rigetti Computing position entry and exit signals to maximize returns.
Rigetti Computing Return and Market Media
The median price of Rigetti Computing for the period between Wed, Mar 6, 2024 and Tue, Jun 4, 2024 is 1.32 with a coefficient of variation of 22.48. The daily time series for the period is distributed with a sample standard deviation of 0.32, arithmetic mean of 1.42, and mean deviation of 0.26. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Rigetti Computing GAAP EPS of -0.09 beats by 0.04, revenue of 3.38M beats by 0.3M | 03/14/2024 |
2 | Disposition of 8822 shares by Brian Sereda of Rigetti Computing at 0.97 subject to Rule 16b-3 | 03/19/2024 |
3 | Acquisition by Fitzgerald Alissa of 30000 shares of Rigetti Computing at 0.272 subject to Rule 16b-3 | 03/28/2024 |
4 | Rigetti Computing Launches the Novera QPU Partner Program | 04/26/2024 |
5 | Institutions profited after Rigetti Computing, Inc.s market cap rose US33m last week but individual investors profited the most | 05/02/2024 |
6 | Rigetti Computing Reports First Quarter 2024 Financial Results | 05/09/2024 |
7 | RGTI Stock Earnings Rigetti Computing Misses EPS, Misses Revenue for Q1 2024 | 05/10/2024 |
8 | Rigetti Computing CTO sells shares worth 5,940 | 05/14/2024 |
9 | 3 Secret Quantum Computing Stocks Flying Below Wall Streets Radar | 05/16/2024 |
10 | 2 Tech-Focused Penny Stocks Favored By Analysts - TipRanks.com - TipRanks | 05/21/2024 |
11 | Do Hedge Funds Like Rigetti Computing, Inc. As A Quantum Computing Play | 05/28/2024 |
12 | 7 Stocks You Havent Heard of | 05/29/2024 |
13 | Secret Stocks Soaring 3 Under-the-Radar Picks Poised for Triple-Digit Gains | 05/30/2024 |
About Rigetti Computing Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Rigetti or other stocks. Alpha measures the amount that position in Rigetti Computing has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Payables Turnover | 1.48 | 2.06 | 1.3 | Days Of Inventory On Hand | 377.45 | 3.1E-5 | 2.9E-5 |
Rigetti Computing Upcoming Company Events
As portrayed in its financial statements, the presentation of Rigetti Computing's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Rigetti Computing's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Rigetti Computing's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Rigetti Computing. Please utilize our Beneish M Score to check the likelihood of Rigetti Computing's management manipulating its earnings.
| 25th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 25th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Information and Resources on Investing in Rigetti Stock
When determining whether Rigetti Computing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rigetti Computing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rigetti Computing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rigetti Computing Stock:Check out Rigetti Computing Backtesting, Rigetti Computing Valuation, Rigetti Computing Correlation, Rigetti Computing Hype Analysis, Rigetti Computing Volatility, Rigetti Computing History and analyze Rigetti Computing Performance. For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.