Impinj Inc Stock Price on August 6, 2024

PI Stock  USD 189.25  6.32  3.23%   
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 189.25, as last reported on the 29th of November, with the highest price reaching 198.34 and the lowest price hitting 184.50 during the day.
IPO Date
21st of July 2016
200 Day MA
161.9406
50 Day MA
206.3808
Beta
1.817
 
Covid
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 0.0922, which attests that the entity had a 0.0922% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Impinj Inc, which you can use to evaluate the volatility of the firm. Please utilize Impinj's Market Risk Adjusted Performance of 0.19, risk adjusted performance of 0.0716, and Downside Deviation of 3.89 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 4.67. Impinj Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0922

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Estimated Market Risk

 3.14
  actual daily
27
73% of assets are more volatile

Expected Return

 0.29
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Impinj is performing at about 7% 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
39.0962
Enterprise Value Ebitda
118.4194
Price Sales
15.5101
Shares Float
24.7 M
Wall Street Target Price
243.7

Related Headline

Minim Headline on 24th of July 2024

Minim Trading Down 16.9 Defense World

Impinj Valuation on August 6, 2024

It is possible to determine the worth of Impinj on a given historical date. On August 6, 2024 Impinj was worth 138.96 at the beginning of the trading date compared to the closed value of 140.25. 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
  130.91    140.58    129.55    137.66    470,757  
08/06/2024
  138.96    144.24    136.60    140.25    433,097  
  145.15    145.29    137.75    138.47    1,078,004  
Backtest Impinj  |  Impinj History  |  Impinj Valuation   PreviousNext  
Open Value
138.96
129.53
Downside
140.25
Closing Value
148.39
Upside

Impinj Trading Date Momentum on August 6, 2024

On August 07 2024 Impinj Inc was traded for  138.47  at the closing time. The highest price during the trading period was 145.29  and the lowest recorded bid was listed for  137.75 . The volume for the day was 1.1 M. This history from August 7, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.27% . The trading delta at closing time to the current price is 15.66% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding26.8 M19.3 M
Net Loss-21.9 M-23 M

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.
A focus of Impinj technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Impinj 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

Impinj Period Price Range

Low
November 29, 2024
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High

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Impinj Inc 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.

Impinj November 29, 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

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.

Complementary Tools for Impinj Stock analysis

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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