Impinj Stock Forecast - Market Facilitation Index
| PI Stock | USD 116.32 5.76 4.72% |
Impinj Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Impinj stock prices and determine the direction of Impinj Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Impinj's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Impinj's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Impinj's systematic risk associated with finding meaningful patterns of Impinj fundamentals over time.
Check out Historical Fundamental Analysis of Impinj to cross-verify your projections. Impinj |
Open Interest Against 2024-05-17 Impinj Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Impinj's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Impinj's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Impinj stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Impinj's open interest, investors have to compare it to Impinj's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Impinj is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Impinj. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Impinj cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Impinj's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Impinj's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Check Impinj Volatility | Backtest Impinj | Information Ratio |
Impinj Trading Date Momentum
| On April 22 2024 Impinj Inc was traded for 116.32 at the closing time. The highest price during the trading period was 121.80 and the lowest recorded bid was listed for 115.02 . There was no trading activity during the period 0.0. Lack of trading volume on April 22, 2024 did not cause price change. The trading delta at closing time to the current price is 3.71% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
| Compare Impinj to competition |
Other Forecasting Options for Impinj
For every potential investor in Impinj, whether a beginner or expert, Impinj's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Impinj Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Impinj. Basic forecasting techniques help filter out the noise by identifying Impinj's price trends.Impinj Related Equities
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.
| Risk & Return | Correlation |
Impinj Inc Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Impinj's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Impinj's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Impinj Market Strength Events
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.
| Accumulation Distribution | 0.0557 | |||
| Daily Balance Of Power | (0.85) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 118.41 | |||
| Day Typical Price | 117.71 | |||
| Market Facilitation Index | 6.78 | |||
| Price Action Indicator | (4.97) | |||
| Period Momentum Indicator | (5.76) |
Impinj Risk Indicators
The analysis of Impinj's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Impinj's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting impinj stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.02 | |||
| Semi Deviation | 2.16 | |||
| Standard Deviation | 2.67 | |||
| Variance | 7.13 | |||
| Downside Variance | 6.42 | |||
| Semi Variance | 4.65 | |||
| Expected Short fall | (2.12) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Impinj Investors Sentiment
The influence of Impinj's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Impinj. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Impinj's public news can be used to forecast risks associated with an investment in Impinj. The trend in average sentiment can be used to explain how an investor holding Impinj can time the market purely based on public headlines and social activities around Impinj Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Impinj's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Impinj's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Impinj's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Impinj.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Impinj in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Impinj's short interest history, or implied volatility extrapolated from Impinj options trading.
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Check out Historical Fundamental Analysis of Impinj to cross-verify your projections. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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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Is Impinj's industry 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 Impinj. If investors know Impinj will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Impinj listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.62) | Revenue Per Share 11.496 | Quarterly Revenue Growth (0.08) | Return On Assets (0.07) | Return On Equity (1.74) |
The market value of Impinj Inc is measured differently than its book value, which is the value of Impinj that is recorded on the company's balance sheet. Investors also form their own opinion of Impinj's value that differs from its market value or its book value, called intrinsic value, which is Impinj'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 Impinj's market value can be influenced by many factors that don't directly affect Impinj's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Impinj's value and its price as these two are different measures arrived at by different means. Investors typically determine if Impinj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Impinj's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.