Black Hills Stock Forecast - Accumulation Distribution
| BKH Stock | USD 55.46 0.88 1.56% |
Black Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Black Hills stock prices and determine the direction of Black Hills's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Black Hills' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Black Hills' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Black Hills' systematic risk associated with finding meaningful patterns of Black Hills fundamentals over time.
Check out Historical Fundamental Analysis of Black Hills to cross-verify your projections. Black |
Open Interest Against 2024-06-21 Black Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Black Hills' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Black Hills' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Black Hills stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Black Hills' open interest, investors have to compare it to Black Hills' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Black Hills is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Black. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Black Hills cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Black Hills' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Black Hills' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Black Hills is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Black Hills to determine if accumulation or reduction is taking place in the market. This value is adjusted by Black Hills trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 15364.4 | 19665.47 |
| Check Black Hills Volatility | Backtest Black Hills | Trend Details |
Black Hills Trading Date Momentum
| On February 08 2024 Black Hills was traded for 50.02 at the closing time. Highest Black Hills's price during the trading hours was 51.25 and the lowest price during the day was 49.50 . The net volume was 1.7 M. The overall trading history on the 8th of February contributed to the next trading period price growth. The overall trading delta to the next next day price was 3.28% . The overall trading delta to current price is 6.94% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Black Hills to competition |
Other Forecasting Options for Black Hills
For every potential investor in Black, whether a beginner or expert, Black Hills' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Black Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Black. Basic forecasting techniques help filter out the noise by identifying Black Hills' price trends.Black Hills Related Equities
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 Black Hills stock to make a market-neutral strategy. Peer analysis of Black Hills could also be used in its relative valuation, which is a method of valuing Black Hills by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Black Hills Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Black Hills' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Black Hills' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Black Hills Market Strength Events
Market strength 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 undertsting and applying Black Hills stock market strength indicators, traders can identify Black Hills entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 55.46 | |||
| Day Typical Price | 55.46 | |||
| Price Action Indicator | (0.44) | |||
| Period Momentum Indicator | (0.88) |
Black Hills Risk Indicators
The analysis of Black Hills' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Black Hills' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting black stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9192 | |||
| Semi Deviation | 0.9672 | |||
| Standard Deviation | 1.23 | |||
| Variance | 1.51 | |||
| Downside Variance | 1.22 | |||
| Semi Variance | 0.9355 | |||
| Expected Short fall | (1.06) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Black Stock
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 Historical Fundamental Analysis of Black Hills to cross-verify your projections. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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 0.082 | Dividend Share 2.525 | Earnings Share 4.05 | Revenue Per Share 31.628 | Quarterly Revenue Growth (0.21) |
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.