Black Stone Minerals Stock Market Value
| BSM Stock | USD 14.52 0.06 0.41% |
| Symbol | Black |
Black Stone Minerals Price To Book Ratio
Is Oil & Gas Exploration & Production 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 Stone. 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 Stone 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 0.497 | Dividend Share 1.6 | Earnings Share 1.62 | Revenue Per Share 2.172 | Quarterly Revenue Growth (0.25) |
The market value of Black Stone Minerals 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 Stone's value that differs from its market value or its book value, called intrinsic value, which is Black Stone's 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 Stone's market value can be influenced by many factors that don't directly affect Black Stone's 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 Stone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Black Stone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Stone's 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.
Black Stone 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Black Stone's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Black Stone.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Black Stone on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Black Stone Minerals or generate 0.0% return on investment in Black Stone over 360 days. Black Stone is related to or competes with Dorchester Minerals, Sitio Royalties, MV Oil, VOC Energy, Cross Timbers, Kimbell Royalty, and Sabine Royalty. Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests More
Black Stone Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Black Stone's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Black Stone Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 4.69 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 1.37 |
Black Stone Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Black Stone's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Black Stone's standard deviation. In reality, there are many statistical measures that can use Black Stone historical prices to predict the future Black Stone's volatility.| Risk Adjusted Performance | 0.0283 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1056 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Black Stone's 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.
Black Stone Minerals Backtested Returns
As of now, Black Stock is very steady. Black Stone Minerals secures Sharpe Ratio (or Efficiency) of 0.0327, which signifies that the company had a 0.0327% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Black Stone Minerals, which you can use to evaluate the volatility of the firm. Please confirm Black Stone's mean deviation of 0.7104, and Risk Adjusted Performance of 0.0283 to double-check if the risk estimate we provide is consistent with the expected return of 0.0309%. Black Stone has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Black Stone's returns are expected to increase less than the market. However, during the bear market, the loss of holding Black Stone is expected to be smaller as well. Black Stone Minerals right now shows a risk of 0.95%. Please confirm Black Stone Minerals coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if Black Stone Minerals will be following its price patterns.
Auto-correlation | 0.51 |
Modest predictability
Black Stone Minerals has modest predictability. Overlapping area represents the amount of predictability between Black Stone time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Black Stone Minerals price movement. The serial correlation of 0.51 indicates that about 51.0% of current Black Stone price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Black Stone Minerals lagged returns against current returns
Autocorrelation, which is Black Stone stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Black Stone's stock expected returns. We can calculate the autocorrelation of Black Stone returns to help us make a trade decision. For example, suppose you find that Black Stone has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Black Stone regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Black Stone stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Black Stone stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Black Stone stock over time.
Current vs Lagged Prices |
| Timeline |
Black Stone Lagged Returns
When evaluating Black Stone's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Black Stone stock have on its future price. Black Stone autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Black Stone autocorrelation shows the relationship between Black Stone stock current value and its past values and can show if there is a momentum factor associated with investing in Black Stone Minerals.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Black Stone Correlation, Black Stone Volatility and Black Stone Alpha and Beta module to complement your research on Black Stone. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Black Stone 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.