Pinnacle West Sets Date for 2024 First-Quarter Financial Results, WebcastConference Call

PNW Stock  USD 93.70  0.82  0.87%   
Slightly above 60% of Pinnacle West's investor base is looking to short. The analysis of overall sentiment of trading Pinnacle West Capital stock suggests that many investors are alarmed at this time. Pinnacle West's investing sentiment can be driven by a variety of factors including economic data, Pinnacle West's earnings reports, geopolitical events, and overall market trends.
  
Pinnacle West Capital Corp. plans to release its 2024 first-quarter financial results before the U.S. financial markets open on Thursday, May 2, 2024.

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Pinnacle West Capital Current Investor Sentiment

Panic Vs Confidence

40

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Pinnacle West's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Pinnacle West Capital.

Pinnacle West Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Pinnacle West can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Pinnacle West Capital Historical Investor Sentiment

Investor biases related to Pinnacle West's public news can be used to forecast risks associated with an investment in Pinnacle. The trend in average sentiment can be used to explain how an investor holding Pinnacle can time the market purely based on public headlines and social activities around Pinnacle West Capital. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Pinnacle West's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Pinnacle West and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Pinnacle West news discussions. The higher the estimate score, the more favorable the investor's outlook on Pinnacle West.

Pinnacle West Fundamental Analysis

We analyze Pinnacle West's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pinnacle West using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pinnacle West based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Asset

Current Asset Comparative Analysis

Pinnacle West is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Pinnacle West Capital Potential Pair-trading

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.

Peers

Pinnacle West Related Equities

PEGPublic Service   0.11   
0%
9.0%
CNPCenterPoint Energy   0.12   
10.0%
0%
AGRAvangrid   0.14   
12.0%
0%
FEFirstEnergy   0.16   
14.0%
0%
IDAIDACORP   0.23   
20.0%
0%
DTEDTE Energy   0.24   
21.0%
0%
PORPortland General   0.29   
26.0%
0%
MGEEMGE Energy   0.46   
41.0%
0%
EVRGEvergy,   0.57   
51.0%
0%
LNTAlliant Energy   0.61   
54.0%
0%
AEEAmeren Corp   0.62   
55.0%
0%
EIXEdison International   0.69   
62.0%
0%
CMSCMS Energy   1.11   
100.0%
0%

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.