NiSource Information Ratio
| NI Stock | | | USD 47.47 -0.04 -0.08% |
The Information Ratio measures excess return (alpha) per unit of tracking error relative to a benchmark. Unlike the Sharpe Ratio, which uses total volatility, the Information Ratio isolates only the variability of the alpha component — the return attributable to active decisions rather than passive market exposure. Below is NiSource's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
NiSource registers a Information Ratio of 0.1042, reflecting positive but modest excess return per unit of tracking risk. NiSource has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.1042 | |
Information Ratio Peers Comparison
NiSource's Information Ratio of 0.1042 falls above the 0.04 peer average. Values range from -0.1301 (Korea Electric Power) to 0.1135 (Atmos Energy), with wide dispersion across the group. NiSource's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for NiSource and its peers. Each point represents one equity — position along the horizontal axis shows Information Ratio while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
At
0.10 for Information Ratio and
6.18 for Maximum Drawdown, NiSource's cross-indicator ratio sits almost
59.34 . This indicates Maximum Drawdown substantially exceeds Information Ratio for NiSource.
Methodology, Assumptions & Data Sources
The current Information Ratio for NiSource is 0.1042. The Information Ratio for NiSource applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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