Black Hills Stock Price Prediction

BKH Stock  USD 54.04  1.82  3.49%   
As of 28th of March 2024, The relative strength index (RSI) of Black Hills' share price is at 52 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Black Hills, making its price go up or down.

Oversold Vs Overbought

52

 
Oversold
 
Overbought
Black Hills stock price prediction is an act of determining the future value of Black Hills shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Black Hills' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Black Hills and does not consider all of the tangible or intangible factors available from Black Hills' fundamental data. We analyze noise-free headlines and recent hype associated with Black Hills, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Black Hills' stock price prediction:
Quarterly Earnings Growth
0.057
EPS Estimate Next Quarter
1.7
EPS Estimate Current Year
3.89
EPS Estimate Next Year
4.11
Wall Street Target Price
58.33
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Black Hills based on different types of headlines from major news networks to social media. The Black stock price prediction module provides an analysis of price elasticity to changes in media outlook on Black Hills over a specific investment horizon. Using Black Hills hype-based prediction, you can estimate the value of Black Hills from the perspective of Black Hills response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Black Hills using Black Hills' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Black using crowd psychology based on the activity and movement of Black Hills' stock price.

Black Hills Short Interest

A significant increase or decrease in Black Hills' short interest from the previous month could be a good indicator of investor sentiment towards Black. Short interest can provide insight into the potential direction of Black Hills stock and how bullish or bearish investors feel about the market overall. An investor who is long Black Hills may also wish to track short interest. As short interest increases, investors should be becoming more worried about Black Hills and may potentially protect profits, hedge Black Hills with its derivative instruments, or be ready for some potential downside.
200 Day MA
54.0592
Short Percent
0.069
Short Ratio
4.9
Shares Short Prior Month
2.5 M
50 Day MA
51.8264

Black Hills Hype to Price Pattern

Investor biases related to Black Hills' public news can be used to forecast risks associated with an investment in Black. The trend in average sentiment can be used to explain how an investor holding Black can time the market purely based on public headlines and social activities around Black Hills. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Black Hills' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Black Hills.

Black Hills Implied Volatility

    
  20.6  
Black Hills' implied volatility exposes the market's sentiment of Black Hills stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Black Hills' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Black Hills stock will not fluctuate a lot when Black Hills' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Black Hills. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Black Hills to buy its stock at a price that has no basis in reality. In that case, they are not buying Black because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Black Hills after-hype prediction price

    
  USD 54.03  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Black Hills Basic Forecasting Models 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Black Hills' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
48.6457.0558.54
Details
Naive
Forecast
LowNextHigh
52.5954.0755.56
Details
5 Analysts
Consensus
LowTargetHigh
55.5161.0067.71
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.611.721.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Black Hills. Your research has to be compared to or analyzed against Black Hills' peers to derive any actionable benefits. When done correctly, Black Hills' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Black Hills.

Black Hills After-Hype Price Prediction Density Analysis

As far as predicting the price of Black Hills at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Black Hills or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Black Hills, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Black Hills Estimiated After-Hype Price Volatility

In the context of predicting Black Hills' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Black Hills' historical news coverage. Black Hills' after-hype downside and upside margins for the prediction period are 52.54 and 55.52, respectively. We have considered Black Hills' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
54.04
54.03
After-hype Price
55.52
Upside
Black Hills is very steady at this time. Analysis and calculation of next after-hype price of Black Hills is based on 3 months time horizon.

Black Hills Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Black Hills is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Black Hills backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Black Hills, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.04 
1.55
  0.01 
  0.01 
10 Events / Month
7 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
54.04
54.03
0.02 
455.88  
Notes

Black Hills Hype Timeline

On the 28th of March Black Hills is traded for 54.04. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.01. Black is forecasted to decline in value after the next headline, with the price expected to drop to 54.03. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.02%, whereas the daily expected return is currently at 0.04%. The volatility of related hype on Black Hills is about 1117.12%, with the expected price after the next announcement by competition of 54.03. About 88.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.11. Some equities with similar Price to Book (P/B) outperform the market in the long run. Black Hills has Price/Earnings To Growth (PEG) ratio of 2.61. The entity last dividend was issued on the 15th of February 2024. The firm had 3:2 split on the 11th of March 1998. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days.
Check out Black Hills Basic Forecasting Models 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.

Black Hills Related Hype Analysis

Having access to credible news sources related to Black Hills' direct competition is more important than ever and may enhance your ability to predict Black Hills' future price movements. Getting to know how Black Hills rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Black Hills may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
SRSpire Inc(0.21)8 per month 0.00 (0.13) 2.27 (2.15) 7.10 
ATOAtmos Energy(1.90)11 per month 0.86 (0.06) 1.62 (1.74) 4.71 
CPKChesapeake Utilities 0.47 8 per month 1.60 (0.05) 2.38 (2.57) 7.29 
OPALOPAL Fuels 0.02 8 per month 0.00 (0.15) 3.38 (2.80) 9.71 
NFENew Fortress Energy 1.27 8 per month 0.00 (0.18) 3.34 (3.71) 18.02 
NJRNewJersey Resources(0.21)10 per month 0.00 (0.14) 1.88 (2.29) 7.11 
NWNNorthwest Natural Gas(0.69)7 per month 0.00 (0.08) 2.29 (2.25) 17.15 
OGSOne Gas 0.14 9 per month 1.64 (0.08) 2.55 (2.36) 7.90 

Black Hills Additional Predictive Modules

Most predictive techniques to examine Black price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Black using various technical indicators. When you analyze Black charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Black Hills Predictive Indicators

The successful prediction of Black Hills stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Black Hills, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Black Hills based on analysis of Black Hills hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Black Hills's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Black Hills's related companies.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03280.03430.04650.0421
Price To Sales Ratio10.689.961.551.66

Story Coverage note for Black Hills

The number of cover stories for Black Hills depends on current market conditions and Black Hills' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Black Hills is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Black Hills' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Black Hills Short Properties

Black Hills' future price predictability will typically decrease when Black Hills' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Black Hills often depends not only on the future outlook of the potential Black Hills' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Black Hills' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding67.1 M
Cash And Short Term Investments93 M
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 Basic Forecasting Models 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
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
0.057
Dividend Share
2.5
Earnings Share
3.91
Revenue Per Share
34.796
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.