Impinj Surges 5.1 percent Is This an Indication of Further Gains?

PI Stock  USD 148.76  2.62  1.79%   
Under 62% of all Impinj's traders are looking to take a long position. The analysis of overall sentiment of trading Impinj Inc stock suggests that some investors are interested at this time. Impinj's investing sentiment shows overall attitude of investors towards Impinj Inc.
  
Impinj was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Read at finance.yahoo.com
Yahoo News
  

Impinj Inc Current Investor Sentiment

Panic Vs Confidence

62

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Impinj's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Impinj Inc.

Impinj Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Impinj can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Impinj Fundamental Analysis

We analyze Impinj's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Impinj using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Impinj based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Earning

Price To Earning Comparative Analysis

Impinj is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Impinj Inc Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Impinj stock to make a market-neutral strategy. Peer analysis of Impinj could also be used in its relative valuation, which is a method of valuing Impinj by comparing valuation metrics with similar companies.

Peers

Impinj Related Equities

CMTLComtech Telecommunicatio   4.95   
0%
100.0%
CLFDClearfield   2.96   
0%
59.0%
UIUbiquiti Networks   1.67   
0%
33.0%
LITELumentum Holdings   1.35   
0%
27.0%
ZBRAZebra Technologies   1.23   
0%
24.0%
DGIIDigi International   1.22   
0%
24.0%
EXTRExtreme Networks   1.02   
0%
20.0%
BDCBelden   0.89   
0%
17.0%
HLITHarmonic   0.67   
0%
13.0%
MSIMotorola Solutions   0.57   
0%
11.0%
INFNInfinera   0.46   
0%
9.0%
CIENCiena Corp   0.35   
0%
7.0%
HPEHewlett Packard   0.32   
0%
6.0%
JNPRJuniper Networks   0.05   
0%
1.0%
CMBMCambium Networks   2.67   
53.0%
0%

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.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities