NI · NYSE · Utilities

What does it cost to trade NiSource Inc?

A $10,000 order costs about $4.03 (4.03 bps) between the half-spread and market impact.

Data as of 1 November 2026

Cost of $10k$4.03
Estimated quoted spread6.89 bps
Average daily trading value$269M
Daily volatility0.76%
1-day VaR (95%) on $10,000$125
Liquidity tierGood

Estimated cost by order size

Order Half-spread Market impact Total Share of daily volume
$1,000 3.45 bps 0.23 bps $0.37 · 3.68 bps < 0.01%
$10,000 3.45 bps 0.59 bps $4.03 · 4.03 bps < 0.01%
$100,000 3.45 bps 1.48 bps $49.31 · 4.93 bps 0.037%

Liquidity

NiSource Inc trades about $269M a day, which puts it in the good liquidity tier. At that depth the model estimates a quoted spread of 6.89 bps, so a market order pays roughly half of it on the way in, and again on the way out. An order stays below 1% of a normal day's trading up to about $2.7M.

Volatility and risk

Daily volatility is around 0.76%, which is low for a stock. On a $10,000 position, the 1-day value at risk at 95% is about $125: on one trading day in twenty, a loss larger than that should be expected. Volatility also widens spreads, which the cost estimate above already includes.

How these figures are estimated

Spread: PreTrAIde's liquidity-tier model (average daily trading value) with a volatility uplift and a one-tick floor. Market impact: an Almgren-Chriss-style model on the order's share of daily volume. VaR: 1.645 × daily volatility. Inputs are 30-day average volume and recent price range. These are estimates, not quotes: the real cost depends on the market when the order is placed. PreTrAIde Methodology: How a Pre-Trade Analysis Is Computed

Frequently asked questions

How much does it cost to buy $10,000 of NiSource Inc?

PreTrAIde estimates about $4.03 (4.03 bps) for a $10,000 market order in NiSource Inc: $3.45 of half-spread and $0.59 of market impact, before any broker commission.

Is NiSource Inc a liquid stock?

NiSource Inc trades about $269M a day, in the good liquidity tier of PreTrAIde's model, with an estimated quoted spread of 6.89 bps.

How volatile is NiSource Inc?

Its daily volatility is about 0.76% (low). The 1-day 95% value at risk on a $10,000 position is about $125.

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Educational content, not investment advice. PreTrAIde is analysis software, not a broker: it never executes orders, and its verdicts are decision support, not recommendations to buy or sell.