Enbridge Pref Series Preferred Stock Price on May 7, 2024

ENB-PFK Preferred Stock  CAD 22.65  0.14  0.62%   
If you're considering investing in Enbridge Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Enbridge Pref stands at 22.65, as last reported on the 22nd of December, with the highest price reaching 22.65 and the lowest price hitting 22.50 during the day. Enbridge Pref Series secures Sharpe Ratio (or Efficiency) of -0.0359, which denotes the company had a -0.0359% return per unit of standard deviation over the last 3 months. Enbridge Pref Series exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enbridge Pref's Standard Deviation of 0.7135, coefficient of variation of (1,389), and Mean Deviation of 0.5635 to check the risk estimate we provide.
  
Enbridge Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0359

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Estimated Market Risk

 0.7
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Enbridge Pref is not performing at its full potential. However, 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 Pref by adding Enbridge Pref to a well-diversified portfolio.

Enbridge Pref Valuation on May 7, 2024

It is possible to determine the worth of Enbridge Pref on a given historical date. On May 7, 2024 Enbridge was worth 21.31 at the beginning of the trading date compared to the closed value of 21.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enbridge Pref preferred stock. Still, in general, we apply an absolute valuation method to find Enbridge Pref'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 Pref where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enbridge Pref's related companies.
 Open High Low Close Volume
  20.55    21.36    20.55    21.31    4,594  
05/07/2024
  21.31    21.31    21.14    21.16    3,050  
  21.16    21.16    21.06    21.16    93,840  
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Open Value
21.31
21.16
Closing Value
23.41
Upside

Enbridge Pref Trading Date Momentum on May 7, 2024

On May 08 2024 Enbridge Pref Series was traded for  21.16  at the closing time. The highest price during the trading period was 21.16  and the lowest recorded bid was listed for  21.06 . The volume for the day was 93.8 K. This history from May 8, 2024 did not affect price variability. The overall trading delta to the current price is 1.32% .

Enbridge Pref Series Fundamentals Correlations and Trends

By evaluating Enbridge Pref'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 Pref'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 Pref Preferred Stock history

Enbridge Pref 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 Pref Series 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 Pref stock prices may prove useful in developing a viable investing in Enbridge Pref
Enbridge Inc. operates as an energy infrastructure company in Canada and the United States. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. Enbridge is traded on Toronto Stock Exchange in Canada.

Enbridge Pref Preferred Stock Technical Analysis

Enbridge Pref technical preferred 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, preferred stock market cycles, or different charting patterns.
A focus of Enbridge Pref technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enbridge Pref trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Enbridge Pref Period Price Range

Low
December 22, 2024
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High

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Enbridge Pref Series cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 Pref December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Enbridge Pref preferred 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 Pref shares will generate the highest return on investment. By undertsting and applying Enbridge Pref preferred stock market strength indicators, traders can identify Enbridge Pref Series entry and exit signals to maximize returns

Enbridge Pref Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Enbridge Pref's price direction in advance. Along with the technical and fundamental analysis of Enbridge Preferred 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.

Other Information on Investing in Enbridge Preferred Stock

Enbridge Pref financial ratios help investors to determine whether Enbridge Preferred Stock 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 Enbridge with respect to the benefits of owning Enbridge Pref security.