Black Stock Performance

BKH
 Stock
  

USD 71.05  0.55  0.78%   

The firm shows a Beta (market volatility) of 0.9007, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Black's beta means in this case. Black Hills returns are very sensitive to returns on the market. As the market goes up or down, Black Hills is expected to follow. Even though it is essential to pay attention to Black Hills historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Black Hills exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Black Hills has an expected return of -0.0654%. Please be advised to confirm Black Hills sortino ratio, semi variance, and the relationship between the information ratio and value at risk to decide if Black Hills performance from the past will be repeated at some point in the near future.
  
Black Performance
0 of 100
Over the last 90 days Black Hills has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable forward-looking signals, Black Hills is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0354
Payout Ratio
0.6
Last Split Factor
3:2
Forward Annual Dividend Rate
2.5
Dividend Date
2022-12-01
Ex Dividend Date
2022-11-16

Black Price Channel

Begin Period Cash Flow10739000.00
DescriptionBlack Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utili
Total Cashflows From Investing Activities-664230000.00

Black Hills Relative Risk vs. Return Landscape

If you would invest  7,497  in Black Hills on September 5, 2022 and sell it today you would lose (392.00)  from holding Black Hills or give up 5.23% of portfolio value over 90 days. Black Hills is generating negative expected returns assuming volatility of 1.8658% on return distribution over 90 days investment horizon. In other words, 16% of stocks are less volatile than Black, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Black Hills is expected to generate 0.15 times more return on investment than the market. However, the company is 6.7 times less risky than the market. It trades about -0.04 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.11 per unit of risk.

Black Hills Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Black Hills' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Black Hills, and traders can use it to determine the average amount a Black Hills' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0351

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Negative ReturnsBKH
Estimated Market Risk
 1.87
  actual daily
 
 16 %
of total potential
 
1616
Expected Return
 -0.07
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.04
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Black Hills is performing at about 0% 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.

About Black Hills Performance

To evaluate Black Hills Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Black Hills generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Black Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Black Hills market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Black's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Investment 5.99  7.27 
Return on Average Assets 2.75  2.39 
Return on Average Equity 8.85  7.79 
Return on Invested Capital 0.036  0.0389 
Return on Sales 0.20  0.22 

Things to note about Black Hills

Checking the ongoing alerts about Black Hills for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Black Hills help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Black Hills Alerts

Equity Alerts and Improvement Suggestions

Black Hills generated a negative expected return over the last 90 days
The company has 4.13 B in debt with debt to equity (D/E) ratio of 1.5, which is OK given its current industry classification. Black Hills has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Black Hills until it has trouble settling it off, either with new capital or with free cash flow. So, Black Hills' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Black Hills sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Black to invest in growth at high rates of return. When we think about Black Hills' use of debt, we should always consider it together with cash and equity.
Black Hills has about 8.92 M in cash with (64.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16.
Over 92.0% of Black Hills shares are held by institutions such as insurance companies
On 1st of December 2022 Black Hills paid $ 0.625 per share dividend to its current shareholders
Latest headline from news.google.com: Black Hills Roundup named medium sized rodeo of the year fifth year in a row - Tri-State Livestock News
Continue to Trending Equities. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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 YOY
(0.23) 
Market Capitalization
4.6 B
Quarterly Revenue Growth YOY
0.22
Return On Assets
0.0301
Return On Equity
9.21
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 Black Hills value 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.