NiSource (Germany) Odds of Future Stock Price Finishing Over 35.01
| NOU Stock | EUR 34.80 0.20 0.58% |
NiSource |
NiSource Target Price Odds to finish over 35.01
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 move over € 35.01 or more in 90 days |
| 34.80 | 90 days | 35.01 | about 16.61 |
Based on a normal probability distribution, the odds of NiSource to move over € 35.01 or more in 90 days from now is about 16.61 (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 its current price of € 34.80 and € 35.01 at the end of the 90-day period is roughly 2.76 .
Assuming the 90 days horizon NiSource has a beta of 0.34. 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 0.2112, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial 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.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 Dow Jones | 0.21 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 1.99 | |
Ir | Information ratio | 0.18 |
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.| NiSource has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| NiSource has accumulated 9.52 B in total debt with debt to equity ratio (D/E) of 155.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. NiSource has a current ratio of 0.4, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. 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 95.0% of NiSource shares are owned by institutional investors |
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 | 412.1 M |
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.
| NiSource has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| NiSource has accumulated 9.52 B in total debt with debt to equity ratio (D/E) of 155.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. NiSource has a current ratio of 0.4, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. 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 95.0% of NiSource shares are owned by institutional investors |
Additional Information and Resources on Investing in NiSource Stock
When determining whether NiSource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NiSource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nisource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nisource Stock: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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.