Black Hills Stock Market Value
| BKH Stock | USD 59.02 0.92 1.58% |
| Symbol | Black |
Black Hills Price To Book Ratio
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Black Hills. If investors know Black will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Black Hills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Dividend Share 2.575 | Earnings Share 3.69 | Revenue Per Share | Quarterly Revenue Growth (0.01) |
The market value of Black Hills is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Hills' value that differs from its market value or its book value, called intrinsic value, which is Black Hills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Black Hills' market value can be influenced by many factors that don't directly affect Black Hills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Black Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Black Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Hills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Black Hills 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Black Hills' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Black Hills.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Black Hills on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Black Hills or generate 0.0% return on investment in Black Hills over 30 days. Black Hills is related to or competes with NorthWestern, Avista, Otter Tail, Companhia Paranaense, Allete, Montauk Renewables, and Sempra Energy. Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United... More
Black Hills Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Black Hills' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Black Hills upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 7.57 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 2.63 |
Black Hills Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Black Hills' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Black Hills' standard deviation. In reality, there are many statistical measures that can use Black Hills historical prices to predict the future Black Hills' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.04) |
Black Hills Backtested Returns
Black Hills is very steady at the moment. Black Hills secures Sharpe Ratio (or Efficiency) of 0.0472, which signifies that the company had a 0.0472 % return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Black Hills, which you can use to evaluate the volatility of the firm. Please confirm Black Hills' mean deviation of 1.04, and Risk Adjusted Performance of (0) to double-check if the risk estimate we provide is consistent with the expected return of 0.0697%. Black Hills has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Black Hills' returns are expected to increase less than the market. However, during the bear market, the loss of holding Black Hills is expected to be smaller as well. Black Hills right now shows a risk of 1.48%. Please confirm Black Hills maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if Black Hills will be following its price patterns.
Auto-correlation | 0.38 |
Below average predictability
Black Hills has below average predictability. Overlapping area represents the amount of predictability between Black Hills time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Black Hills price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Black Hills price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
Black Hills lagged returns against current returns
Autocorrelation, which is Black Hills stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Black Hills' stock expected returns. We can calculate the autocorrelation of Black Hills returns to help us make a trade decision. For example, suppose you find that Black Hills has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Black Hills regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Black Hills stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Black Hills stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Black Hills stock over time.
Current vs Lagged Prices |
| Timeline |
Black Hills Lagged Returns
When evaluating Black Hills' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Black Hills stock have on its future price. Black Hills autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Black Hills autocorrelation shows the relationship between Black Hills stock current value and its past values and can show if there is a momentum factor associated with investing in Black Hills.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Black Hills offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Black Hills' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Black Hills Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Black Hills Stock:Check out Black Hills Correlation, Black Hills Volatility and Black Hills Alpha and Beta module to complement your research on Black Hills. For more detail on how to invest in Black Stock please use our How to Invest in Black Hills guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Black Hills technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.