NiSource Stock Forecast - Daily Balance Of Power
| NOU Stock | EUR 35.40 0.60 1.72% |
NiSource Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of NiSource's historical fundamentals, such as revenue growth or operating cash flow patterns.
NiSource |
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NiSource Trading Date Momentum
| On May 22 2023 NiSource was traded for 23.57 at the closing time. The highest daily price throughout the period was 23.57 and the lowest price was 23.57 . There was no trading activity during the period 1.0. Lack of trading volume on 05/22/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.76% . The trading delta at closing time to current closing price is 0.38% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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NiSource Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NiSource stock to make a market-neutral strategy. Peer analysis of NiSource could also be used in its relative valuation, which is a method of valuing NiSource by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NiSource Market Strength Events
Market strength 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 undertsting and applying NiSource stock market strength indicators, traders can identify NiSource entry and exit signals to maximize returns.
NiSource Risk Indicators
The analysis of NiSource's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in NiSource's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nisource stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8586 | |||
| Semi Deviation | 0.5913 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.15 | |||
| Downside Variance | 1.09 | |||
| Semi Variance | 0.3497 | |||
| Expected Short fall | (1.23) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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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 Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.