NISOURCE FIN P Market Value

65473QBD4   98.72  0.87  0.89%   
NISOURCE's market value is the price at which a share of NISOURCE trades on an exchange. It measures the collective expectations of NISOURCE FIN P investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of NISOURCE FIN P and determine expected loss or profit from investing in NISOURCE over a given investment horizon.
Check out NISOURCE Correlation, NISOURCE Volatility and NISOURCE Alpha and Beta module to complement your research on NISOURCE.
For information on how to trade NISOURCE Bond refer to our How to Trade NISOURCE Bond guide.
Symbol

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.

NISOURCE 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to NISOURCE's bond what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of NISOURCE.
0.00
01/02/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest  0.00  in NISOURCE on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding NISOURCE FIN P or generate 0.0% return on investment in NISOURCE over 720 days. NISOURCE is related to or competes with Shake Shack, Park Hotels, Biglari Holdings, Merit Medical, Dalata Hotel, Alvotech, and Sonida Senior. More

NISOURCE Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure NISOURCE's bond current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess NISOURCE FIN P upside and downside potential and time the market with a certain degree of confidence.

NISOURCE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for NISOURCE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NISOURCE's standard deviation. In reality, there are many statistical measures that can use NISOURCE historical prices to predict the future NISOURCE's volatility.
Hype
Prediction
LowEstimatedHigh
97.2298.72100.22
Details
Intrinsic
Valuation
LowRealHigh
62.1063.60108.59
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NISOURCE. Your research has to be compared to or analyzed against NISOURCE's peers to derive any actionable benefits. When done correctly, NISOURCE's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in NISOURCE FIN P.

NISOURCE FIN P Backtested Returns

NISOURCE FIN P has Sharpe Ratio of -0.22, which conveys that the entity had a -0.22% return per unit of standard deviation over the last 3 months. NISOURCE exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NISOURCE's Market Risk Adjusted Performance of 0.083, mean deviation of 1.05, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of -0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NISOURCE are expected to decrease at a much lower rate. During the bear market, NISOURCE is likely to outperform the market.

Auto-correlation

    
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Insignificant predictability

NISOURCE FIN P has insignificant predictability. Overlapping area represents the amount of predictability between NISOURCE time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NISOURCE FIN P price movement. The serial correlation of 0.1 indicates that less than 10.0% of current NISOURCE price fluctuation can be explain by its past prices.
Correlation Coefficient0.1
Spearman Rank Test-0.14
Residual Average0.0
Price Variance8.26

NISOURCE FIN P lagged returns against current returns

Autocorrelation, which is NISOURCE bond's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting NISOURCE's bond expected returns. We can calculate the autocorrelation of NISOURCE returns to help us make a trade decision. For example, suppose you find that NISOURCE has exhibited high autocorrelation historically, and you observe that the bond is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

NISOURCE regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If NISOURCE bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NISOURCE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NISOURCE bond over time.
   Current vs Lagged Prices   
       Timeline  

NISOURCE Lagged Returns

When evaluating NISOURCE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NISOURCE bond have on its future price. NISOURCE autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, NISOURCE autocorrelation shows the relationship between NISOURCE bond current value and its past values and can show if there is a momentum factor associated with investing in NISOURCE FIN P.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in NISOURCE Bond

NISOURCE financial ratios help investors to determine whether NISOURCE Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NISOURCE with respect to the benefits of owning NISOURCE security.