Impinj Inc Stock Price on February 8, 2024
| PI Stock | USD 150.91 4.64 2.98% |
Below is the normalized historical share price chart for Impinj Inc extending back to July 21, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Impinj stands at 150.91, as last reported on the 27th of April, with the highest price reaching 154.54 and the lowest price hitting 144.02 during the day.
If you're considering investing in Impinj Stock, it is important to understand the factors that can impact its price. Impinj appears to be very steady, given 3 months investment horizon. Impinj Inc holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. By evaluating Impinj's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize Impinj's Market Risk Adjusted Performance of 0.5187, risk adjusted performance of 0.1056, and Downside Deviation of 2.56 to validate if our risk estimates are consistent with your expectations.
As of now, Impinj's Stock Based Compensation is increasing as compared to previous years. The Impinj's current Sale Purchase Of Stock is estimated to increase to about 15.1 M, while Total Stockholder Equity is projected to decrease to under 32.2 M. . As of now, Impinj's Price Book Value Ratio is increasing as compared to previous years. The Impinj's current Price To Book Ratio is estimated to increase to 74.09, while Price To Sales Ratio is projected to decrease to 4.99. Impinj Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of July 2016 | 200 Day MA 85.437 | 50 Day MA 118.8008 | Beta 1.942 |
Impinj |
Sharpe Ratio = 0.1551
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Estimated Market Risk
| 4.44 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Impinj is performing at about 12% 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 Impinj by adding it to a well-diversified portfolio.
Price Book 95.6075 | Enterprise Value Ebitda (128.39) | Price Sales 10.6106 | Shares Float 22.3 M | Wall Street Target Price 150.11 |
Impinj Valuation on February 8, 2024
It is possible to determine the worth of Impinj on a given historical date. On February 8, 2024 Impinj was worth 107.58 at the beginning of the trading date compared to the closed value of 106.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Impinj stock. Still, in general, we apply an absolute valuation method to find Impinj'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 Impinj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Impinj's related companies.
| Open | High | Low | Close | Volume | |
| 105.86 | 107.85 | 104.38 | 107.10 | 563,135 | |
02/08/2024 | 107.58 | 110.25 | 105.58 | 106.31 | 741,612 |
| 117.25 | 119.11 | 108.53 | 110.04 | 825,528 |
| Backtest Impinj | | | Impinj History | | | Impinj Valuation | Previous | Next |
Impinj Trading Date Momentum on February 8, 2024
| On February 09 2024 Impinj Inc was traded for 110.04 at the closing time. The highest price during the trading period was 119.11 and the lowest recorded bid was listed for 108.53 . The volume for the day was 825.5 K. This history from February 9, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 3.51% . The trading delta at closing time to the current price is 5.43% . |
Impinj Inc Fundamentals Correlations and Trends
By evaluating Impinj'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 Impinj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Impinj financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Impinj Stock history
Impinj 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 Impinj is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Impinj Inc 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 Impinj stock prices may prove useful in developing a viable investing in Impinj
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 26.8 M | 19.3 M | |
| Net Loss | -21.9 M | -23 M |
Impinj Quarterly Net Working Capital |
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Impinj Stock Technical Analysis
Impinj 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.
Price Boundaries
Impinj Period Price Range
Low | February 8, 2024
| High |
107.58 | 106.31 |
Impinj April 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Impinj stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Impinj shares will generate the highest return on investment. By undertsting and applying Impinj stock market strength indicators, traders can identify Impinj Inc entry and exit signals to maximize returns
| Accumulation Distribution | 31413.41 | |||
| Daily Balance Of Power | (0.27) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 107.92 | |||
| Day Typical Price | 107.38 | |||
| Price Action Indicator | (2.24) | |||
| Period Momentum Indicator | 44.6 |
Impinj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Impinj's price direction in advance. Along with the technical and fundamental analysis of Impinj Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Impinj 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.
| Risk Adjusted Performance | 0.1056 | |||
| Jensen Alpha | 0.5663 | |||
| Total Risk Alpha | 0.115 | |||
| Sortino Ratio | 0.2311 | |||
| Treynor Ratio | 0.5087 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Impinj Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Stocks Directory module to find actively traded stocks across global markets.
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When running Impinj's price analysis, check to measure Impinj'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 Impinj is operating at the current time. Most of Impinj's value examination focuses on studying past and present price action to predict the probability of Impinj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Impinj's price. Additionally, you may evaluate how the addition of Impinj to your portfolios can decrease your overall portfolio volatility.
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Is Impinj's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Impinj. If investors know Impinj will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Impinj listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 11.046 | Quarterly Revenue Growth (0.11) | Return On Assets (0.07) | Return On Equity (0.10) |
The market value of Impinj Inc is measured differently than its book value, which is the value of Impinj that is recorded on the company's balance sheet. Investors also form their own opinion of Impinj's value that differs from its market value or its book value, called intrinsic value, which is Impinj's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Impinj's market value can be influenced by many factors that don't directly affect Impinj's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Impinj's value and its price as these two are different measures arrived at by different means. Investors typically determine if Impinj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Impinj's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.