Pinnacle West Stock Forecast - Sortino Ratio

PNW Stock  USD 92.93  0.69  0.74%   
Pinnacle Stock Forecast is based on your current time horizon.
  
At this time, Pinnacle West's Inventory Turnover is fairly stable compared to the past year. Fixed Asset Turnover is likely to climb to 0.41 in 2024, whereas Payables Turnover is likely to drop 4.03 in 2024. . Common Stock Shares Outstanding is likely to drop to about 105.8 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 400.1 M in 2024.
Pinnacle West Capital has current Sortino Ratio of 0.
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Pinnacle West Trading Date Momentum

On November 25 2024 Pinnacle West Capital was traded for  92.93  at the closing time. Highest Pinnacle West's price during the trading hours was 94.38  and the lowest price during the day was  92.86 . There was no trading activity during the period 0.0. Lack of trading volume on the 25th of November did not cause price change. The trading delta at closing time to current price is 1.15% .
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Other Forecasting Options for Pinnacle West

For every potential investor in Pinnacle, whether a beginner or expert, Pinnacle West's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pinnacle Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pinnacle. Basic forecasting techniques help filter out the noise by identifying Pinnacle West's price trends.

Pinnacle West 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 Pinnacle West stock to make a market-neutral strategy. Peer analysis of Pinnacle West could also be used in its relative valuation, which is a method of valuing Pinnacle West by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Pinnacle West Capital 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 Pinnacle West'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 Pinnacle West's current price.

Pinnacle West Market Strength Events

Market strength indicators help investors to evaluate how Pinnacle West stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pinnacle West shares will generate the highest return on investment. By undertsting and applying Pinnacle West stock market strength indicators, traders can identify Pinnacle West Capital entry and exit signals to maximize returns.

Pinnacle West Risk Indicators

The analysis of Pinnacle West'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 Pinnacle West's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pinnacle 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.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Pinnacle Stock Analysis

When running Pinnacle West's price analysis, check to measure Pinnacle West'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 Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.