Pinnacle West Capital Stock Probability of Future Stock Price Finishing Over 68.99
| PNW Stock | USD 88.71 0.18 0.20% |
Pinnacle |
Pinnacle West Target Price Odds to finish over 68.99
The tendency of Pinnacle Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 68.99 in 90 days |
| 88.71 | 90 days | 68.99 | close to 99 |
Based on a normal probability distribution, the odds of Pinnacle West to stay above $ 68.99 in 90 days from now is close to 99 (This Pinnacle West Capital probability density function shows the probability of Pinnacle Stock to fall within a particular range of prices over 90 days) . Probability of Pinnacle West Capital price to stay between $ 68.99 and its current price of $88.71 at the end of the 90-day period is about 44.64 .
Considering the 90-day investment horizon Pinnacle West has a beta of 0.51 indicating as returns on the market go up, Pinnacle West average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pinnacle West Capital will be expected to be much smaller as well. Additionally Pinnacle West Capital has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Pinnacle West Price Density |
| Price |
Predictive Modules for Pinnacle West
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pinnacle West Capital. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Pinnacle West Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pinnacle West is not an exception. The market had few large corrections towards the Pinnacle West's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Pinnacle West Capital, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pinnacle West within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 2.54 | |
Ir | Information ratio | -0.1 |
Pinnacle West Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Pinnacle West for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pinnacle West Capital can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pinnacle West generated a negative expected return over the last 90 days | |
| Pinnacle West Capital has 10.3 B in debt with debt to equity (D/E) ratio of 1.35, which is OK given its current industry classification. Pinnacle West Capital has a current ratio of 0.96, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Pinnacle to invest in growth at high rates of return. | |
| Pinnacle West has a very strong financial position based on the latest SEC filings | |
| Over 100.0% of Pinnacle West shares are owned by institutional investors | |
| On 2nd of December 2024 Pinnacle West paid $ 0.895 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Pinnacle West Capital Corp Declares Quarterly Dividend |
Pinnacle West Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Pinnacle Stock often depends not only on the future outlook of the current and potential Pinnacle West's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Pinnacle West's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 113.8 M | |
| Cash And Short Term Investments | 5 M |
Pinnacle West Technical Analysis
Pinnacle West's future price can be derived by breaking down and analyzing its technical indicators over time. Pinnacle Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pinnacle West Capital. In general, you should focus on analyzing Pinnacle Stock price patterns and their correlations with different microeconomic environments and drivers.
Pinnacle West Predictive Forecast Models
Pinnacle West's time-series forecasting models is one of many Pinnacle West's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Pinnacle West's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Pinnacle West Capital
Checking the ongoing alerts about Pinnacle West for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pinnacle West Capital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pinnacle West generated a negative expected return over the last 90 days | |
| Pinnacle West Capital has 10.3 B in debt with debt to equity (D/E) ratio of 1.35, which is OK given its current industry classification. Pinnacle West Capital has a current ratio of 0.96, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Pinnacle to invest in growth at high rates of return. | |
| Pinnacle West has a very strong financial position based on the latest SEC filings | |
| Over 100.0% of Pinnacle West shares are owned by institutional investors | |
| On 2nd of December 2024 Pinnacle West paid $ 0.895 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Pinnacle West Capital Corp Declares Quarterly Dividend |
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.