Rigetti Computing is not in a good financial situation at this time. It has a very high probability of going through financial hardship in August. As of now, Rigetti Computing's Accounts Payable is decreasing as compared to previous years. The Rigetti Computing's current Cash is estimated to increase to about 71.1 M, while Short and Long Term Debt Total is projected to decrease to under 8.4 M. Key indicators impacting Rigetti Computing's financial strength include:
The essential information of the day-to-day investment outlook for Rigetti Computing includes many different criteria found on its balance sheet. An individual investor should monitor Rigetti Computing's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Rigetti Computing.
Rigetti Computing competes with D Wave, Quantum Computing, IONQ, Quantum, and Arqit Quantum. Rigetti Computing, Inc. operates as an integrated systems company. The company was founded in 2013 and is based in Berkeley, California. Rigetti Computing operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 160 people.
Specialization
Information Technology, Technology Hardware & Equipment
Comparative valuation techniques use various fundamental indicators to help in determining Rigetti Computing's current stock value. Our valuation model uses many indicators to compare Rigetti Computing value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rigetti Computing competition to find correlations between indicators driving Rigetti Computing's intrinsic value. More Info.
Rigetti Computing is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . As of now, Rigetti Computing's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rigetti Computing's earnings, one of the primary drivers of an investment's value.
Rigetti Computing Systematic Risk
Rigetti Computing's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rigetti Computing volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Rigetti Computing correlated with the market. If Beta is less than 0 Rigetti Computing generally moves in the opposite direction as compared to the market. If Rigetti Computing Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rigetti Computing is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rigetti Computing is generally in the same direction as the market. If Beta > 1 Rigetti Computing moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Rigetti Computing Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Rigetti Computing's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Rigetti Computing growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Rigetti Computing help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rigetti Computing. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rigetti Computing based on widely used predictive technical indicators. In general, we focus on analyzing Rigetti Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rigetti Computing's daily price indicators and compare them against related drivers.
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.