Impinj Revenue vs. Return On Equity
| 27J Stock | EUR 176.85 2.95 1.64% |
For Impinj profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Impinj to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Impinj Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Impinj's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Impinj Inc over time as well as its relative position and ranking within its peers.
Impinj |
Impinj Inc Return On Equity vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Impinj's current stock value. Our valuation model uses many indicators to compare Impinj value to that of its competitors to determine the firm's financial worth. Impinj Inc is rated third in revenue category among its peers. It also is rated third in return on equity category among its peers . 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 Impinj's earnings, one of the primary drivers of an investment's value.Impinj Revenue vs. Competition
Impinj Inc is rated third in revenue category among its peers. Market size based on revenue of Electronic Components industry is presently estimated at about 7.81 Trillion. Impinj adds roughly 257.8 Million in revenue claiming only tiny portion of equities under Electronic Components industry.
Impinj Return On Equity vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Impinj |
| = | 257.8 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Impinj |
| = | -10.76 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Impinj Return On Equity Comparison
Impinj is currently under evaluation in return on equity category among its peers.
Impinj Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Impinj, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Impinj will eventually generate negative long term returns. The profitability progress is the general direction of Impinj's change in net profit over the period of time. It can combine multiple indicators of Impinj, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Impinj, Inc. operates a platform that enables wireless connectivity for everyday items by delivering each items unique identity, location, and authenticity to business and consumer applications. Impinj, Inc. was founded in 2000 and is headquartered in Seattle, Washington. IMPINJ INC operates under Electronic Components classification in Germany and is traded on Frankfurt Stock Exchange. It employs 282 people.
Impinj Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Impinj. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Impinj position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Impinj's important profitability drivers and their relationship over time.
Use Impinj in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Impinj position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Impinj will appreciate offsetting losses from the drop in the long position's value.Impinj Pair Trading
Impinj Inc Pair Trading Analysis
The ability to find closely correlated positions to Impinj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Impinj when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Impinj - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Impinj Inc to buy it.
The correlation of Impinj is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Impinj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Impinj Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Impinj can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Impinj position
In addition to having Impinj in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Chemicals Makers
Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Makers Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Impinj Stock
When determining whether Impinj Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Impinj'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 Impinj Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Impinj Inc Stock:Check out Trending Equities. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
To fully project Impinj's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Impinj Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Impinj's income statement, its balance sheet, and the statement of cash flows.