Bullish Case: Increased Helium AI implied volatility hints at underpricing by the market, suggesting a chance for upside surprise. Black Hills' resilience and mean reversion offer bullish momentum.


Bearish Case: Persistent negative price action over multiple periods raises concerns of deeper structural issues within BKH, potentially dragging the price further down.


Potential Outcomes:

1. Climbing Helium implied volatility edges past market expectations, with a bullish reversal gaining a 40% likelihood.

2. Bearish structural pressures persist, 60% chance.


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April 02, 2024


Black Hills Forecast

BKH        Black Hills
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with BKH



EVRG Forecast + Options Trading Strategies   [EVRG]  Evergy (0.96)


ES Forecast + Options Trading Strategies   [ES]  Eversource Energy (0.95)


NEE Forecast + Options Trading Strategies   [NEE]  NextEra Energy (0.94)


D Forecast + Options Trading Strategies   [D]  Dominion Energy (0.94)


XLU Forecast + Options Trading Strategies   [XLU]  Utilities Select Sector SPDR (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to BKH



SABR Forecast + Options Trading Strategies   [SABR]  Sabre (0.0)


EWW Forecast + Options Trading Strategies   [EWW]  iShares MSCI Mexico (0.0)


PG Forecast + Options Trading Strategies   [PG]  Procter & Gamble (0.0)


MCHP Forecast + Options Trading Strategies   [MCHP]  Microchip Technology (0.0)


ZTS Forecast + Options Trading Strategies   [ZTS]  Zoetis (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BKH



AJG Forecast + Options Trading Strategies   [AJG]  Arthur J. Gallagher (-0.76)


LBRT Forecast + Options Trading Strategies   [LBRT]  Liberty Oilfield Services (-0.76)


OLMA Forecast + Options Trading Strategies   [OLMA]  Olema Pharmaceuticals (-0.77)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.8)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.83)





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