Purple Innovation Stock Market Value
| PRPL Stock | USD 0.71 0 0.49% |
| Symbol | Purple |
Is Household Appliances space 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 Purple Innovation. Anticipated expansion of Purple directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Purple Innovation assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.60) | Earnings Share (0.52) | Revenue Per Share | Quarterly Revenue Growth 0.001 | Return On Assets |
The market value of Purple Innovation is measured differently than its book value, which is the value of Purple that is recorded on the company's balance sheet. Investors also form their own opinion of Purple Innovation's value that differs from its market value or its book value, called intrinsic value, which is Purple Innovation'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 Purple Innovation's market value can be influenced by many factors that don't directly affect Purple Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Purple Innovation's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Purple Innovation should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Purple Innovation's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Purple Innovation 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Purple Innovation's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Purple Innovation.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in Purple Innovation on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Purple Innovation or generate 0.0% return on investment in Purple Innovation over 90 days. Purple Innovation is related to or competes with Red Robin, Full House, Hooker Furniture, Lifetime Brands, TH International, GrowGeneration Corp, and QVC. Purple Innovation, Inc. designs and manufactures mattresses, pillows, and cushions More
Purple Innovation Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Purple Innovation's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Purple Innovation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 27.01 | |||
| Value At Risk | (5.48) | |||
| Potential Upside | 6.25 |
Purple Innovation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Purple Innovation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Purple Innovation's standard deviation. In reality, there are many statistical measures that can use Purple Innovation historical prices to predict the future Purple Innovation's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.53) |
Purple Innovation January 29, 2026 Technical Indicators
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| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.52) | |||
| Mean Deviation | 3.04 | |||
| Coefficient Of Variation | (2,399) | |||
| Standard Deviation | 4.35 | |||
| Variance | 18.94 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.53) | |||
| Maximum Drawdown | 27.01 | |||
| Value At Risk | (5.48) | |||
| Potential Upside | 6.25 | |||
| Skewness | 1.18 | |||
| Kurtosis | 4.71 |
Purple Innovation Backtested Returns
Purple Innovation maintains Sharpe Ratio (i.e., Efficiency) of -0.0193, which implies the firm had a -0.0193 % return per unit of risk over the last 3 months. Purple Innovation exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Purple Innovation's Risk Adjusted Performance of (0.02), coefficient of variation of (2,399), and Variance of 18.94 to confirm the risk estimate we provide. The company holds a Beta of 0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Purple Innovation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Purple Innovation is expected to be smaller as well. At this point, Purple Innovation has a negative expected return of -0.0854%. Please make sure to check Purple Innovation's total risk alpha, rate of daily change, as well as the relationship between the Rate Of Daily Change and relative strength index , to decide if Purple Innovation performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Purple Innovation has weak predictability. Overlapping area represents the amount of predictability between Purple Innovation time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Purple Innovation price movement. The serial correlation of 0.22 indicates that over 22.0% of current Purple Innovation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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Purple Innovation 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.