NiSource Unit Probability of Future Stock Price Finishing Under 100.82
| NIMCDelisted Stock | USD 103.07 0.05 0.05% |
NiSource |
NiSource Unit Target Price Odds to finish below 100.82
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 $ 100.82 or more in 90 days |
| 103.07 | 90 days | 100.82 | about 23.96 |
Based on a normal probability distribution, the odds of NiSource Unit to drop to $ 100.82 or more in 90 days from now is about 23.96 (This NiSource Unit probability density function shows the probability of NiSource Stock to fall within a particular range of prices over 90 days) . Probability of NiSource Unit price to stay between $ 100.82 and its current price of $103.07 at the end of the 90-day period is about 58.13 .
Given the investment horizon of 90 days NiSource Unit has a beta of -0.0952. This indicates as returns on the benchmark increase, returns on holding NiSource Unit are expected to decrease at a much lower rate. During a bear market, however, NiSource Unit is likely to outperform the market. Additionally NiSource Unit has an alpha of 0.0027, implying that it can generate a 0.002662 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NiSource Unit Price Density |
| Price |
Predictive Modules for NiSource Unit
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 Unit. 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 Unit Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NiSource Unit is not an exception. The market had few large corrections towards the NiSource Unit'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 Unit, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NiSource Unit within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 1.38 | |
Ir | Information ratio | -0.16 |
NiSource Unit 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 Unit for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NiSource Unit 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 Unit is not yet fully synchronised with the market data | |
| NiSource Unit has a very high chance of going through financial distress in the upcoming years | |
| NiSource Unit currently holds 11.66 B in liabilities with Debt to Equity (D/E) ratio of 1.34, which is about average as compared to similar companies. NiSource Unit has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about NiSource Unit's use of debt, we should always consider it together with its cash and equity. |
NiSource Unit 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 Unit'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 Unit's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 442.7 M | |
| Cash And Short Term Investments | 40.8 M |
NiSource Unit Technical Analysis
NiSource Unit'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 Unit. In general, you should focus on analyzing NiSource Stock price patterns and their correlations with different microeconomic environments and drivers.
NiSource Unit Predictive Forecast Models
NiSource Unit's time-series forecasting models is one of many NiSource Unit'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 Unit'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 Unit
Checking the ongoing alerts about NiSource Unit for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NiSource Unit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NiSource Unit is not yet fully synchronised with the market data | |
| NiSource Unit has a very high chance of going through financial distress in the upcoming years | |
| NiSource Unit currently holds 11.66 B in liabilities with Debt to Equity (D/E) ratio of 1.34, which is about average as compared to similar companies. NiSource Unit has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about NiSource Unit's use of debt, we should always consider it together with its cash and equity. |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in NiSource Stock
If you are still planning to invest in NiSource Unit check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the NiSource Unit's history and understand the potential risks before investing.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |