Nisource Stock Alpha and Beta Analysis
| NI Stock | USD 37.85 0.55 1.47% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NiSource. It also helps investors analyze the systematic and unsystematic risks associated with investing in NiSource over a specified time horizon. Remember, high NiSource's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to NiSource's market risk premium analysis include:
Beta 0.14 | Alpha 0.23 | Risk 0.89 | Sharpe Ratio 0.27 | Expected Return 0.24 |
NiSource Quarterly Cash And Equivalents |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
NiSource |
NiSource Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NiSource market risk premium is the additional return an investor will receive from holding NiSource long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in NiSource. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate NiSource's performance over market.| α | 0.23 | β | 0.14 |
NiSource expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of NiSource's Buy-and-hold return. Our buy-and-hold chart shows how NiSource performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NiSource Market Price Analysis
Market price analysis indicators help investors to evaluate how NiSource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NiSource shares will generate the highest return on investment. By understating and applying NiSource stock market price indicators, traders can identify NiSource position entry and exit signals to maximize returns.
NiSource Return and Market Media
The median price of NiSource for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 34.16 with a coefficient of variation of 3.7. The daily time series for the period is distributed with a sample standard deviation of 1.27, arithmetic mean of 34.31, and mean deviation of 0.98. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Cassandra Lee of 6042 shares of NiSource at 28.8 subject to Rule 16b-3 | 08/30/2024 |
2 | Acquisition by Sondra Barbour of 6042 shares of NiSource at 28.8 subject to Rule 16b-3 | 09/12/2024 |
3 | Disposition of 2360 shares by Michael Hooper of NiSource at 27.43 subject to Rule 16b-3 | 10/04/2024 |
4 | Heres What Could Help NiSource Maintain Its Recent Price Strength | 10/11/2024 |
5 | Heres Why Momentum in NiSource Should Keep going | 10/28/2024 |
6 | NiSource Q3 2024 Earnings Preview | 10/29/2024 |
7 | NiSource Updates FY 2024 Earnings Guidance | 10/30/2024 |
8 | NiSource Inc Q3 2024 Earnings Call Highlights Strong EPS Guidance and Strategic Growth Plans | 10/31/2024 |
9 | Are Utilities Stocks Lagging NextEra Energy This Year | 11/01/2024 |
10 | NiSource Stock Price Expected to Rise, Mizuho Analyst Says | 11/05/2024 |
11 | NiSource Is a Great Choice for Trend Investors, Heres Why | 11/13/2024 |
12 | Heres Why You Should Add NiSource Stock to Your Portfolio Now | 11/19/2024 |
| NiSource dividend paid on 20th of November 2024 | 11/20/2024 |
13 | Columbia Gas, West Penn Power get smaller rate increases from PUC | 11/21/2024 |
About NiSource Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including NiSource or other stocks. Alpha measures the amount that position in NiSource has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0368 | 0.0391 | 0.0414 | 0.0393 | Price To Sales Ratio | 2.22 | 1.91 | 2.01 | 2.11 |
NiSource Upcoming Company Events
As portrayed in its financial statements, the presentation of NiSource's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NiSource's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of NiSource's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of NiSource. Please utilize our Beneish M Score to check the likelihood of NiSource's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with NiSource
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out NiSource Backtesting, NiSource Valuation, NiSource Correlation, NiSource Hype Analysis, NiSource Volatility, NiSource History and analyze 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
NiSource 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.