Impinj Maximum Drawdown
| PI Stock | | | USD 98.11 -1.99 -1.99% |
The Maximum Drawdown indicator for Impinj is constructed from normalized market data. Values reflect historical observations within the available dataset. The depth of trading history affects the precision of the indicator. The
Equity Screeners module supports multi-indicator technical analysis. Impinj has a market cap of 2.97 B, operating margin of -2.91%, ROE of -6.04%. See
Your Equity Center for additional portfolio context. The allocation summary reflects available position data. Portfolio metrics are derived from available position data. The holding in Impinj Inc represents an allocation. It is represented within the portfolio holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Impinj Inc has current Maximum Drawdown of 33.87. Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 33.87 | |
| MAX | = | Maximum notation for the range of returns on Impinj |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Impinj Inc claims the number one ranking for maximum drawdown among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
1.00 in Maximum Drawdown for every unit of Maximum Drawdown.
The MDD is one of the most important risk measures. It measures the loss in any losing period and is usually defined as the percent retrenchment from an asset peak value to the valley value. Maximum drawdown encompasses both the period from the peak to the valley (length), and the time from the valley to a new high (recovery). It measures the largest percentage drawdown that has occurred in a given time period.
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