NiSource Reaches New 12-Month High Heres Why
NI Stock | USD 38.25 0.30 0.79% |
Under 51% of NiSource's investor base is interested to short. The analysis of overall sentiment of trading NiSource stock suggests that many investors are impartial at this time. NiSource's investing sentiment shows overall attitude of investors towards NiSource.
NiSource |
NiSource Inc. hit a new 52-week high on Monday . The company traded as high as 38.22 and last traded at 38.16, with a volume of 228715 shares. The stock had previously closed at 37.71. Analyst Ratings Changes Several equities analysts recently issued reports on the company. Wells Fargo
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NiSource Current Investor Sentiment
Panic Vs Confidence
49
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use NiSource's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward NiSource.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentDisposing |
NiSource Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards NiSource can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
NiSource Historical Investor Sentiment
Investor biases related to NiSource's public news can be used to forecast risks associated with an investment in NiSource. The trend in average sentiment can be used to explain how an investor holding NiSource can time the market purely based on public headlines and social activities around NiSource. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
NiSource's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for NiSource and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average NiSource news discussions. The higher the estimate score, the more favorable the investor's outlook on NiSource.
NiSource Fundamental Analysis
We analyze NiSource's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NiSource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NiSource based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
NiSource is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
NiSource Potential Pair-trading
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.
Peers
NiSource Related Equities
NJR | NewJersey Resources | 1.77 | ||||
RGCO | RGC Resources | 1.11 | ||||
OGS | One Gas | 0.78 | ||||
CPK | Chesapeake Utilities | 0.76 | ||||
ATO | Atmos Energy | 0.73 | ||||
SR | Spire | 0.70 | ||||
UGI | UGI | 0.20 | ||||
NWN | Northwest Natural | 0.12 |
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.
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