Black Hills Stock Forecast - Daily Balance Of Power

BKH Stock  USD 60.06  0.72  1.18%   
Black Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Black Hills' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Black Hills' Inventory Turnover is increasing as compared to previous years. The Black Hills' current Receivables Turnover is estimated to increase to 6.55, while Payables Turnover is projected to decrease to 4.33. . The Black Hills' current Net Income Applicable To Common Shares is estimated to increase to about 312 M, while Common Stock Shares Outstanding is projected to decrease to under 38.9 M.
On December 17, 2024 Black Hills had Daily Balance Of Power of (0.26). Balance of Power indicator (or BOP) measures the strength of Black Hills market sensitivity to bulls and bears. It estimates the ability of Black Hills buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Black Hills Balance of Power indicator one can determine a trend of the price direction.
Check Black Hills VolatilityBacktest Black HillsTrend Details  

Black Hills Trading Date Momentum

On December 19 2024 Black Hills was traded for  60.06  at the closing time. Highest Black Hills's price during the trading hours was 60.97  and the lowest price during the day was  59.75 . There was no trading activity during the period 0.0. Lack of trading volume on the 19th of December did not affect price variability. The overall trading delta to current price is 0.53% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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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.

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.

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.
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

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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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
30.814
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.