Nisource Stock Odds of Future Stock Price Finishing Under 33.96
| NI Stock | USD 37.85 0.55 1.47% |
NiSource |
NiSource Target Price Odds to finish below 33.96
The tendency of NiSource Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 33.96 or more in 90 days |
| 37.85 | 90 days | 33.96 | about 38.84 |
Based on a normal probability distribution, the odds of NiSource to drop to $ 33.96 or more in 90 days from now is about 38.84 (This NiSource probability density function shows the probability of NiSource Stock to fall within a particular range of prices over 90 days) . Probability of NiSource price to stay between $ 33.96 and its current price of $37.85 at the end of the 90-day period is about 60.59 .
Allowing for the 90-day total investment horizon NiSource has a beta of 0.14. This indicates as returns on the market go up, NiSource average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NiSource will be expected to be much smaller as well. Additionally NiSource has an alpha of 0.2309, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NiSource Price Density |
| Price |
Predictive Modules for NiSource
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NiSource. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.NiSource Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NiSource is not an exception. The market had few large corrections towards the NiSource's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold NiSource, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NiSource within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 1.27 | |
Ir | Information ratio | 0.16 |
NiSource Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of NiSource for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NiSource can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NiSource reports 14.13 B of total liabilities with total debt to equity ratio (D/E) of 1.34, which is normal for its line of buisiness. NiSource has a current ratio of 0.62, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for NiSource to invest in growth at high rates of return. | |
| Over 96.0% of NiSource shares are owned by institutional investors | |
| On 20th of November 2024 NiSource paid $ 0.265 per share dividend to its current shareholders | |
| Latest headline from bizjournals.com: Columbia Gas, West Penn Power get smaller rate increases from PUC |
NiSource Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of NiSource Stock often depends not only on the future outlook of the current and potential NiSource's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. NiSource's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 447.9 M | |
| Cash And Short Term Investments | 2.2 B |
NiSource Technical Analysis
NiSource's future price can be derived by breaking down and analyzing its technical indicators over time. NiSource Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NiSource. In general, you should focus on analyzing NiSource Stock price patterns and their correlations with different microeconomic environments and drivers.
NiSource Predictive Forecast Models
NiSource's time-series forecasting models is one of many NiSource's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary NiSource's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about NiSource
Checking the ongoing alerts about NiSource for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NiSource help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NiSource reports 14.13 B of total liabilities with total debt to equity ratio (D/E) of 1.34, which is normal for its line of buisiness. NiSource has a current ratio of 0.62, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for NiSource to invest in growth at high rates of return. | |
| Over 96.0% of NiSource shares are owned by institutional investors | |
| On 20th of November 2024 NiSource paid $ 0.265 per share dividend to its current shareholders | |
| Latest headline from bizjournals.com: Columbia Gas, West Penn Power get smaller rate increases from PUC |
Check out NiSource Backtesting, NiSource Valuation, NiSource Correlation, NiSource Hype Analysis, NiSource Volatility, NiSource History as well as NiSource Performance. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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 NiSource. If investors know NiSource 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 NiSource 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 0.097 | Dividend Share 1.06 | Earnings Share 1.64 | Revenue Per Share 11.933 | Quarterly Revenue Growth 0.048 |
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource'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 NiSource's market value can be influenced by many factors that don't directly affect NiSource'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 NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource'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.