Nisource Stock Alpha and Beta Analysis
| NI Stock | USD 27.15 0.59 2.22% |
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 0.85 | Alpha (0.01) | Risk 0.96 | Sharpe Ratio 0.12 | Expected Return 0.11 |
NiSource Quarterly Cash And Equivalents |
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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 | -0.0053 | β | 0.85 |
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 Fri, Jan 19, 2024 and Thu, Apr 18, 2024 is 26.36 with a coefficient of variation of 2.97. The daily time series for the period is distributed with a sample standard deviation of 0.78, arithmetic mean of 26.33, and mean deviation of 0.69. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Lloyd Yates of 62598 shares of NiSource subject to Rule 16b-3 | 01/26/2024 |
2 | NiSource to Report Q4 Earnings Whats in the Cards | 02/16/2024 |
| NiSource dividend paid on 20th of February 2024 | 02/20/2024 |
3 | Decoding NiSource Inc A Strategic SWOT Insight | 02/22/2024 |
4 | Reasons to Add Avangrid to Your Portfolio Right Now | 03/06/2024 |
5 | Disposition of 950 shares by Gunnar Gode of NiSource at 26.456 subject to Rule 16b-3 | 03/15/2024 |
6 | Eversource to Gain From Investments Renewable Expansion | 03/18/2024 |
7 | NiSource announces retirement of director Aristides Candris | 03/19/2024 |
8 | Those who invested in NiSource three years ago are up 25 | 03/21/2024 |
9 | CMS Energy Arm to Build Large-Scale Solar Farm in Michigan | 03/26/2024 |
10 | Why Is Pinnacle West Up 10.7 percent Since Last Earnings Report | 03/28/2024 |
11 | Oak Thistle LLC Takes Position in NiSource Inc. - MarketBeat | 04/02/2024 |
12 | Reasons to Add MDU Resources to Your Portfolio Now | 04/05/2024 |
13 | Reasons to Add New Jersey Resources to Your Portfolio | 04/10/2024 |
14 | Reasons to Add DTE Energy Stock to Your Portfolio Now | 04/17/2024 |
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 |
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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
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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 CEOs Directory module to screen CEOs from public companies around the world.
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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.
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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.