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Impinj (Impinj) 6-1 Month Momentum % : 105.70% (As of Apr. 29, 2024)


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What is Impinj 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-29), Impinj's 6-1 Month Momentum % is 105.70%.

The industry rank for Impinj's 6-1 Month Momentum % or its related term are showing as below:

PI's 6-1 Month Momentum % is ranked better than
97.25% of 2469 companies
in the Hardware industry
Industry Median: 4.9 vs PI: 105.70

Competitive Comparison of Impinj's 6-1 Month Momentum %

For the Communication Equipment subindustry, Impinj's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Impinj's 6-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Impinj's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Impinj's 6-1 Month Momentum % falls into.



Impinj  (NAS:PI) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Impinj  (NAS:PI) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Impinj 6-1 Month Momentum % Related Terms

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Impinj (Impinj) Business Description

Industry
Traded in Other Exchanges
Address
400 Fairview Avenue North, Suite 1200, Seattle, WA, USA, 98109
Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
Executives
Hussein Mecklai officer: Chief Operating Officer 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Cary Baker officer: Chief Financial Officer 1501 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Jeffrey Dossett officer: EVP, Sales & Marketing 400 FAIRVIEW AVE. N, SUITE 1200, SEATTLE WA 98109
Diorio Chris Ph.d. director, officer: Chief Executive Officer 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Sylebra Capital Ltd 10 percent owner 28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Cathal G Phelan director 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Steve Sanghi director 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Miron Washington director 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Gregory Sessler director 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Meera Rao director 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Van Oppen Peter H director P O BOX 97057, REDMOND WA 98073-9757
Umesh Padval director BESSEMER VENTURE PARTNERS, 535 MIDDLEFIELD ROAD, SUITE 245, MENLO PARK CA 94025
Daniel Patrick Gibson director, 10 percent owner 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Denise Masters officer: VP Accounting 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Eric Brodersen officer: President and COO 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109

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