Black Hills Stock Alpha and Beta Analysis
| BKH Stock | USD 64.66 0.35 0.54% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Black Hills. It also helps investors analyze the systematic and unsystematic risks associated with investing in Black Hills over a specified time horizon. Remember, high Black Hills' 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 Black Hills' market risk premium analysis include:
Beta 0.7 | Alpha 0.0909 | Risk 1.1 | Sharpe Ratio 0.16 | Expected Return 0.18 |
Black Hills 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.
Black |
Black Hills Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Black Hills market risk premium is the additional return an investor will receive from holding Black Hills 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 Black Hills. 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 Black Hills' performance over market.| α | 0.09 | β | 0.70 |
Black Hills 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 Black Hills' Buy-and-hold return. Our buy-and-hold chart shows how Black Hills performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Black Hills Market Price Analysis
Market price analysis indicators help investors to evaluate how Black Hills stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Black Hills shares will generate the highest return on investment. By understating and applying Black Hills stock market price indicators, traders can identify Black Hills position entry and exit signals to maximize returns.
Black Hills Return and Market Media
The median price of Black Hills for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 59.82 with a coefficient of variation of 2.56. The daily time series for the period is distributed with a sample standard deviation of 1.53, arithmetic mean of 59.85, and mean deviation of 1.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 125 shares by Erik Keller D of Black Hills at 51.62 subject to Rule 16b-3 | 08/30/2024 |
2 | Acquisition by Linden Evans of 3233 shares of Black Hills at 52.82 subject to Rule 16b-3 | 09/11/2024 |
3 | After a Nearly 30 percent Sector Rally, Are There Any High-Yield Utility Stocks Left | 10/07/2024 |
4 | Acquisition by Steven Mills of 857 shares of Black Hills subject to Rule 16b-3 | 10/31/2024 |
5 | Does Black Hills Have A Healthy Balance Sheet | 11/04/2024 |
6 | Black Hills earnings missed by 0.18, revenue fell short of estimates | 11/06/2024 |
7 | Insider Trading | 11/07/2024 |
8 | Q3 2024 Black Hills Corp Earnings Call Transcript | 11/08/2024 |
9 | Converium Capital Sends Letter to Medical Facilities Board of Directors to Congratulate the Company on its Recent Sale of Black Hills Surgical Hospital | 11/21/2024 |
About Black Hills 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 Black or other stocks. Alpha measures the amount that position in Black Hills 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 | 2024 (projected) | Dividend Yield | 0.0325 | 0.0343 | 0.0465 | 0.0421 | Price To Sales Ratio | 10.78 | 9.95 | 1.55 | 1.66 |
Black Hills Upcoming Company Events
As portrayed in its financial statements, the presentation of Black Hills' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Black Hills' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Black Hills' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Black Hills. Please utilize our Beneish M Score to check the likelihood of Black Hills' management manipulating its earnings.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th 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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Align your risk with return expectations
Check out Black Hills Backtesting, Black Hills Valuation, Black Hills Correlation, Black Hills Hype Analysis, Black Hills Volatility, Black Hills History and analyze Black Hills Performance. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.