BKH · NYSE · Utilities

What does it cost to trade Black Hills Corporation?

Q: How much does it cost to buy $10,000 of Black Hills Corporation?

PreTrAIde estimates about $13.38 (13.4 bps) for a $10,000 market order in Black Hills Corporation: $10.75 of half-spread and $2.63 of market impact, before any broker commission.

Q: Is Black Hills Corporation a liquid stock?

Black Hills Corporation trades about $109M a day, in the moderate liquidity tier of PreTrAIde's model, with an estimated quoted spread of 21.5 bps.

Q: How volatile is Black Hills Corporation?

Its daily volatility is about 0.86% (low). The 1-day 95% value at risk on a $10,000 position is about $142.

A $10,000 order costs about $13.38 (13.4 bps) between the half-spread and market impact.

Data as of 1 November 2026

Cost of $10k$13.38

Estimated quoted spread21.5 bps

Average daily trading value$109M

Daily volatility0.86%

1-day VaR (95%) on $10,000$142

Liquidity tierModerate

Estimated cost by order size

Order	Half-spread	Market impact	Total	Share of daily volume
$1,000	10.7 bps	1.05 bps	$1.18 · 11.8 bps	< 0.01%
$10,000	10.7 bps	2.63 bps	$13.38 · 13.4 bps	< 0.01%
$100,000	10.8 bps	6.63 bps	$174.22 · 17.4 bps	0.092%

Liquidity

Black Hills Corporation trades about $109M a day, which puts it in the moderate liquidity tier. At that depth the model estimates a quoted spread of 21.5 bps, so a market order pays roughly half of it on the way in, and again on the way out. An order stays below 1% of a normal day's trading up to about $1.1M.

Volatility and risk

Daily volatility is around 0.86%, which is low for a stock. On a $10,000 position, the 1-day value at risk at 95% is about $142: on one trading day in twenty, a loss larger than that should be expected. Volatility also widens spreads, which the cost estimate above already includes.

How these figures are estimated

Spread: PreTrAIde's liquidity-tier model (average daily trading value) with a volatility uplift and a one-tick floor. Market impact: an Almgren-Chriss-style model on the order's share of daily volume. VaR: 1.645 × daily volatility. Inputs are 30-day average volume and recent price range. These are estimates, not quotes: the real cost depends on the market when the order is placed. PreTrAIde Methodology: How a Pre-Trade Analysis Is Computed

Frequently asked questions

How much does it cost to buy $10,000 of Black Hills Corporation?

PreTrAIde estimates about $13.38 (13.4 bps) for a $10,000 market order in Black Hills Corporation: $10.75 of half-spread and $2.63 of market impact, before any broker commission.

Is Black Hills Corporation a liquid stock?

Black Hills Corporation trades about $109M a day, in the moderate liquidity tier of PreTrAIde's model, with an estimated quoted spread of 21.5 bps.

How volatile is Black Hills Corporation?

Its daily volatility is about 0.86% (low). The 1-day 95% value at risk on a $10,000 position is about $142.

Analyze BKH inside your whole basket

A pre-trade analysis adds news, analyst ratings, concentration and an AI verdict (GO, NO-GO or MODIFY) for every stock you plan to trade.

Start your free trial Trading Cost Calculator: Spread, Market Impact and Commission

All stocks →

Educational content, not investment advice. PreTrAIde is analysis software, not a broker: it never executes orders, and its verdicts are decision support, not recommendations to buy or sell.