NiSource Stock Forecast - Accumulation Distribution
| NI Stock | USD 29.16 0.07 0.24% |
NiSource Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NiSource stock prices and determine the direction of NiSource's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NiSource's historical fundamentals, such as revenue growth or operating cash flow patterns. Although NiSource's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of NiSource's systematic risk associated with finding meaningful patterns of NiSource fundamentals over time.
Check out Historical Fundamental Analysis of NiSource to cross-verify your projections. NiSource |
Open Interest Against 2024-06-21 NiSource Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast NiSource's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in NiSource's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for NiSource stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current NiSource's open interest, investors have to compare it to NiSource's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of NiSource is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in NiSource. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in NiSource cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the NiSource's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets NiSource's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which NiSource is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of NiSource to determine if accumulation or reduction is taking place in the market. This value is adjusted by NiSource trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 60622.31 | 111144.0 |
| Check NiSource Volatility | Backtest NiSource | Trend Details |
NiSource Trading Date Momentum
| On February 14 2024 NiSource was traded for 25.14 at the closing time. The highest price during the trading period was 25.47 and the lowest recorded bid was listed for 25.13 . The volume for the day was 3.2 M. This history from February 14, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.40% . The trading delta at closing time to the current price is 3.43% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare NiSource to competition |
Other Forecasting Options for NiSource
For every potential investor in NiSource, whether a beginner or expert, NiSource's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NiSource Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NiSource. Basic forecasting techniques help filter out the noise by identifying NiSource's price trends.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 Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of NiSource's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of NiSource's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 | 0.6665 | |||
| Semi Deviation | 0.4537 | |||
| Standard Deviation | 0.8383 | |||
| Variance | 0.7028 | |||
| Downside Variance | 0.6526 | |||
| Semi Variance | 0.2058 | |||
| Expected Short fall | (0.73) |
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.
Currently Active Assets on Macroaxis
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 Historical Fundamental Analysis of NiSource to cross-verify your projections. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |
Is NiSource's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NiSource. If investors know NiSource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NiSource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.075 | Dividend Share 1.03 | Earnings Share 1.54 | Revenue Per Share 12.346 | Quarterly Revenue Growth (0.13) |
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NiSource's market value can be influenced by many factors that don't directly affect NiSource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.