Black Hills Stock Price on February 7, 2024
| BKH Stock | USD 57.05 0.53 0.92% |
Below is the normalized historical share price chart for Black Hills extending back to February 22, 1973. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Black Hills stands at 57.05, as last reported on the 11th of May 2024, with the highest price reaching 58.80 and the lowest price hitting 56.93 during the day.
If you're considering investing in Black Stock, it is important to understand the factors that can impact its price. We consider Black Hills very steady. Black Hills secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Black Hills, which you can use to evaluate the volatility of the firm. Please confirm Black Hills' risk adjusted performance of 0.1153, and Mean Deviation of 1.04 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
As of now, Black Hills' Capital Stock is increasing as compared to previous years. The Black Hills' current Stock Based Compensation is estimated to increase to about 9 M, while Common Stock Shares Outstanding is projected to decrease to under 38.9 M. . As of now, Black Hills' Price To Free Cash Flows Ratio is decreasing as compared to previous years. The Black Hills' current Price To Book Ratio is estimated to increase to 1.86, while Price Earnings Ratio is projected to decrease to 11.59. Black Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of September 1984 | 200 Day MA 53.0978 | 50 Day MA 53.5734 | Beta 0.644 |
Black |
Sharpe Ratio = 0.1135
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Black Hills is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Black Hills by adding it to a well-diversified portfolio.
Price Book 1.1095 | Enterprise Value Ebitda 10.6745 | Price Sales 1.5302 | Shares Float 67.8 M | Dividend Share 1.875 |
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Black Hills Valuation on February 7, 2024
It is possible to determine the worth of Black Hills on a given historical date. On February 7, 2024 Black was worth 50.03 at the beginning of the trading date compared to the closed value of 48.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Black Hills stock. Still, in general, we apply an absolute valuation method to find Black Hills' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Black Hills where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Black Hills' related companies.
| Open | High | Low | Close | Volume | |
| 49.75 | 50.22 | 49.28 | 49.28 | 514,400 | |
02/07/2024 | 50.03 | 50.13 | 48.99 | 48.99 | 579,900 |
| 50.15 | 51.25 | 49.50 | 50.60 | 1,699,400 |
| Backtest Black Hills | | | Black Hills History | | | Black Hills Valuation | Previous | Next |
Black Hills Trading Date Momentum on February 7, 2024
| On February 08 2024 Black Hills was traded for 50.60 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 3.29% . The overall trading delta to current price is 5.96% . |
Black Hills Fundamentals Correlations and Trends
By evaluating Black Hills' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Black Hills' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Black financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Black Hills Stock history
Black Hills investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Black is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Black Hills will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Black Hills stock prices may prove useful in developing a viable investing in Black Hills
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 67.1 M | 38.9 M | |
| Net Income Applicable To Common Shares | 297.2 M | 312 M |
Black Hills Stock Technical Analysis
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.
Price Boundaries
Black Hills Period Price Range
Low | February 7, 2024
| High |
50.03 | 48.99 |
Black Hills May 11, 2024 Market Strength
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
| Accumulation Distribution | 13187.43 | |||
| Daily Balance Of Power | (0.91) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 49.56 | |||
| Day Typical Price | 49.37 | |||
| Price Action Indicator | (1.09) | |||
| Period Momentum Indicator | 8.06 |
Black Hills Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Black Hills' price direction in advance. Along with the technical and fundamental analysis of Black Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Black to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1153 | |||
| Jensen Alpha | 0.2472 | |||
| Total Risk Alpha | 0.0715 | |||
| Sortino Ratio | 0.1268 | |||
| Treynor Ratio | (1.48) |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Hills. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Black Stock analysis
When running Black Hills' price analysis, check to measure Black Hills' 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 Black Hills is operating at the current time. Most of Black Hills' value examination focuses on studying past and present price action to predict the probability of Black Hills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Hills' price. Additionally, you may evaluate how the addition of Black Hills to your portfolios can decrease your overall portfolio volatility.
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Is Black Hills' industry 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 1.875 | Earnings Share 4.05 | Revenue Per Share 34.512 | Quarterly Revenue Growth (0.25) |
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.