Pinnacle West Capital Co. Shares Acquired by Bridgewater Associates LP
| PNW Stock | USD 84.96 0.36 0.43% |
Slightly above 53% of Pinnacle West's sophisticated investors are presently thinking to get in. The analysis of overall sentiment of trading Pinnacle West Capital stock suggests that some investors are interested 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 |
Bridgewater Associates LP increased its holdings in shares of Pinnacle West Capital Co. by 104.5 percent in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 101,970 shares of the utilities providers stock after purchasing an additional 52,095 shares during the quarter.
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Pinnacle West Capital Current Investor Sentiment
Panic Vs Confidence
53
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.
News SentimentBullish | Hype SentimentBearish | Insider SentimentWaiting |
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 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.
Beta
Beta Comparative Analysis
Pinnacle West is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
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
| FE | FirstEnergy | 1.61 | ||||
| ETR | Entergy | 0.86 | ||||
| ED | Consolidated Edison | 0.83 |
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.