Impinj (Germany) Market Value
| 27J Stock | EUR 92.02 4.68 5.36% |
| Symbol | Impinj |
Impinj '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 Impinj'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 Impinj.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Impinj on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Impinj Inc or generate 0.0% return on investment in Impinj over 30 days. Impinj is related to or competes with Q2M Managementberatu, PENN NATL, CeoTronics, Ares Management, Boyd Gaming, and FRACTAL GAMING. Impinj, Inc. operates a platform that enables wireless connectivity for everyday items by delivering each items unique i... More
Impinj 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 Impinj'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 Impinj Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 15.39 | |||
| Value At Risk | (7.52) | |||
| Potential Upside | 4.1 |
Impinj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impinj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Impinj's standard deviation. In reality, there are many statistical measures that can use Impinj historical prices to predict the future Impinj's volatility.| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (1.05) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | (10.40) |
Impinj Inc Backtested Returns
Impinj Inc holds Efficiency (Sharpe) Ratio of -0.31, which attests that the entity had a -0.31 % return per unit of risk over the last 3 months. Impinj Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Impinj's Risk Adjusted Performance of (0.22), market risk adjusted performance of (10.39), and Standard Deviation of 3.44 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Impinj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Impinj is expected to be smaller as well. At this point, Impinj Inc has a negative expected return of -1.07%. Please make sure to check out Impinj's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Impinj Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Impinj Inc has good predictability. Overlapping area represents the amount of predictability between Impinj time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Impinj Inc price movement. The serial correlation of 0.78 indicates that around 78.0% of current Impinj price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 24.64 |
Impinj Inc lagged returns against current returns
Autocorrelation, which is Impinj stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Impinj's stock expected returns. We can calculate the autocorrelation of Impinj returns to help us make a trade decision. For example, suppose you find that Impinj has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Impinj regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Impinj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Impinj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Impinj stock over time.
Current vs Lagged Prices |
| Timeline |
Impinj Lagged Returns
When evaluating Impinj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Impinj stock have on its future price. Impinj autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Impinj autocorrelation shows the relationship between Impinj stock current value and its past values and can show if there is a momentum factor associated with investing in Impinj Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
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 Impinj Correlation, Impinj Volatility and Impinj Alpha and Beta module to complement your research on Impinj. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.