Pinnacle West Capital Stock Alpha and Beta Analysis
| PNW Stock | USD 92.88 0.05 0.05% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Pinnacle West Capital. It also helps investors analyze the systematic and unsystematic risks associated with investing in Pinnacle West over a specified time horizon. Remember, high Pinnacle West's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Pinnacle West's market risk premium analysis include:
Beta 0.42 | Alpha 0.0588 | Risk 1.1 | Sharpe Ratio 0.12 | Expected Return 0.14 |
Pinnacle West Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Pinnacle |
Pinnacle West Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Pinnacle West market risk premium is the additional return an investor will receive from holding Pinnacle West long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pinnacle West. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Pinnacle West's performance over market.| α | 0.06 | β | 0.42 |
Pinnacle West expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Pinnacle West's Buy-and-hold return. Our buy-and-hold chart shows how Pinnacle West performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Pinnacle West Market Price Analysis
Market price analysis 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 understating and applying Pinnacle West stock market price indicators, traders can identify Pinnacle West position entry and exit signals to maximize returns.
Pinnacle West Return and Market Media
The median price of Pinnacle West for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 87.63 with a coefficient of variation of 2.41. The daily time series for the period is distributed with a sample standard deviation of 2.13, arithmetic mean of 88.1, and mean deviation of 1.73. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Pinnacle West dividend paid on 3rd of September 2024 | 09/03/2024 |
1 | Disposition of tradable shares by Elizabeth Blankenship of Pinnacle West at 69.1 subject to Rule 16b-3 | 09/20/2024 |
2 | Acquisition by Theodore Geisler of 4697 shares of Pinnacle West subject to Rule 16b-3 | 09/25/2024 |
3 | Disposition of 4950 shares by Robert Smith of Pinnacle West at 85.8 subject to Rule 16b-3 | 10/14/2024 |
4 | Riverwater Partners LLC Increases Stock Position in Pinnacle West Capital Co. | 10/24/2024 |
5 | Pinnacle West Capital Corp Q3 2024 Earnings EPS of 3.37 and Revenue of 1. ... | 11/06/2024 |
6 | NRG Energy to Post Q3 Earnings Heres What You Need to Know | 11/07/2024 |
7 | Pinnacle West Capital Third Quarter 2024 Earnings Revenues Beat Expectations, EPS Lags | 11/08/2024 |
8 | Disposition of 9474 shares by Jacob Tetlow of Pinnacle West at 90.8 subject to Rule 16b-3 | 11/13/2024 |
9 | Have Insiders Sold Pinnacle West Capital Shares Recently | 11/15/2024 |
10 | Bomb Cyclone Impacts Starting Tonight In Pacific Northwest And Northern California. Heres What To Know. | 11/19/2024 |
11 | Pinnacle West Capital Sets New 12-Month High Heres What Happened | 11/21/2024 |
About Pinnacle West Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Pinnacle or other stocks. Alpha measures the amount that position in Pinnacle West Capital has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0464 | 0.044 | 0.0474 | Price To Sales Ratio | 2.1 | 1.99 | 1.74 |
Pinnacle West Upcoming Company Events
As portrayed in its financial statements, the presentation of Pinnacle West's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Pinnacle West's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Pinnacle West's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Pinnacle West. Please utilize our Beneish M Score to check the likelihood of Pinnacle West's management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.