Enbridge Stock Price on September 1, 2023
ENB Stock | USD 43.38 0.48 1.12% |
Below is the normalized historical share price chart for Enbridge extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Enbridge stands at 43.38, as last reported on the 1st of December, with the highest price reaching 43.52 and the lowest price hitting 42.78 during the day.
If you're considering investing in Enbridge Stock, it is important to understand the factors that can impact its price. At this point, Enbridge is very steady. Enbridge secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Enbridge, which you can use to evaluate the volatility of the firm. Please confirm Enbridge's Semi Deviation of 0.4202, mean deviation of 0.6476, and Downside Deviation of 0.6446 to check if the risk estimate we provide is consistent with the expected return of 0.15%.
At present, Enbridge's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 189.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.2 B. . At present, Enbridge's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 24.31, whereas Price Book Value Ratio is forecasted to decline to 1.52. Enbridge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of March 1990 | 200 Day MA 37.8336 | 50 Day MA 41.5734 | Beta 0.91 |
Enbridge |
Sharpe Ratio = 0.1897
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Estimated Market Risk
0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Enbridge is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Enbridge by adding it to a well-diversified portfolio.
Price Book 2.2475 | Enterprise Value Ebitda 12.8409 | Price Sales 1.9459 | Shares Float 2.2 B | Dividend Share 3.625 |
Enbridge Main Headline on 1st of September 2023
Enbridge dividend paid on 1st of September 2023 |
Enbridge Valuation on September 1, 2023
It is possible to determine the worth of Enbridge on a given historical date. On September 1, 2023 Enbridge was worth 32.29 at the beginning of the trading date compared to the closed value of 32.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enbridge stock. Still, in general, we apply an absolute valuation method to find Enbridge's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Enbridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enbridge's related companies.
Open | High | Low | Close | Volume | |
32.38 | 32.42 | 32.08 | 32.08 | 4,711,930 | |
09/01/2023 | 32.29 | 32.63 | 32.29 | 32.48 | 6,126,691 |
32.51 | 32.59 | 32.26 | 32.28 | 4,631,856 |
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Enbridge Trading Date Momentum on September 1, 2023
On September 05 2023 Enbridge was traded for 32.28 at the closing time. Highest Enbridge's price during the trading hours was 32.59 and the lowest price during the day was 32.26 . The net volume was 4.6 M. The overall trading history on the 5th of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.62% . The overall trading delta to current price is 4.83% . |
Enbridge Fundamentals Correlations and Trends
By evaluating Enbridge's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Enbridge's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enbridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Enbridge Stock history
Enbridge investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Enbridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enbridge will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Enbridge stock prices may prove useful in developing a viable investing in Enbridge
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 2.1 B | 1.2 B | |
Net Income Applicable To Common Shares | 3 B | 1.6 B |
Enbridge Stock Technical Analysis
Enbridge technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Enbridge Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Enbridge cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Enbridge December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Enbridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enbridge shares will generate the highest return on investment. By undertsting and applying Enbridge stock market strength indicators, traders can identify Enbridge entry and exit signals to maximize returns
Enbridge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Enbridge's price direction in advance. Along with the technical and fundamental analysis of Enbridge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enbridge to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1705 | |||
Jensen Alpha | 0.1205 | |||
Total Risk Alpha | 0.0335 | |||
Sortino Ratio | 0.0554 | |||
Treynor Ratio | 0.4869 |
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Volume Indicators |
Complementary Tools for Enbridge Stock analysis
When running Enbridge's price analysis, check to measure Enbridge'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 Enbridge is operating at the current time. Most of Enbridge's value examination focuses on studying past and present price action to predict the probability of Enbridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enbridge's price. Additionally, you may evaluate how the addition of Enbridge to your portfolios can decrease your overall portfolio volatility.
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