Nisource Stock Odds of Future Stock Price Finishing Over 27.36
| NI Stock | USD 27.58 0.18 0.66% |
Closest to current price NiSource long CALL Option Payoff at Expiration
NiSource |
NiSource Target Price Odds to finish over 27.36
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 stay above $ 27.36 in 90 days |
| 27.58 | 90 days | 27.36 | about 9.83 |
Based on a normal probability distribution, the odds of NiSource to stay above $ 27.36 in 90 days from now is about 9.83 (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 $ 27.36 and its current price of $27.58 at the end of the 90-day period is nearly 4.01 .
Allowing for the 90-day total investment horizon NiSource has a beta of 0.81. 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 0.0257, implying that it can generate a 0.0257 percent excess return over NYSE Composite 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NiSource's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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 NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | 0.81 | |
σ | Overall volatility | 0.79 | |
Ir | Information ratio | 0.01 |
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.| The company 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. Debt can assist NiSource until it has trouble settling it off, either with new capital or with free cash flow. So, NiSource's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NiSource sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NiSource to invest in growth at high rates of return. When we think about NiSource's use of debt, we should always consider it together with cash and equity. | |
| Over 93.0% of NiSource shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Reasons to Add DTE Energy Stock to Your Portfolio Now |
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.
| The company 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. Debt can assist NiSource until it has trouble settling it off, either with new capital or with free cash flow. So, NiSource's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NiSource sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NiSource to invest in growth at high rates of return. When we think about NiSource's use of debt, we should always consider it together with cash and equity. | |
| Over 93.0% of NiSource shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Reasons to Add DTE Energy Stock to Your Portfolio Now |
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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for NiSource Stock analysis
When running NiSource's price analysis, check to measure NiSource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NiSource is operating at the current time. Most of NiSource's value examination focuses on studying past and present price action to predict the probability of NiSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NiSource's price. Additionally, you may evaluate how the addition of NiSource to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
Is NiSource's industry 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 (0.03) | Dividend Share 1.015 | Earnings Share 1.48 | Revenue Per Share 13.231 | Quarterly Revenue Growth (0.17) |
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.