Annual parallax is the maximum parallactic displacement of the star and occurs when the angle Earth-Sun-star is 90° (see illustration). It is thus expressed by the relation sin π = a /d , where a is the semimajor axis of the Earth's orbit and d is the star's distance from Earth. Since π is extremely small (<1″), this reduces to π = a /d . If a is assumed to be unity (i.e. one astronomical unit) then a measurement of π in arc seconds will be equal to the reciprocal (1/d) of the distance in parsecs.
The parallax of a star determined directly from a known baseline and using the principle of triangulation, i.e. from measurements of annual parallax, is termed trigonometric parallax. Due to its tiny value annual parallax from Earth can be measured only (photographically from Earth) with reasonable accuracy for stars within about 30 parsecs (π > 0″.03). Spacecraft such as Hipparcos can measure annual parallax with a very much greater accuracy, to 0″.002, allowing distances up to 500 parsecs to be determined. Microarcsecond measurements are planned for future spacecraft. Only about 3000 stars are known to have annual parallaxes exceeding 0″.04, the nearest star – Proxima Centauri – having the greatest value (0″.772).