Enbridge Pref 7 Preferred Stock Price on November 1, 2023
| ENB-PJ Preferred Stock | CAD 20.25 0.02 0.1% |
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 20.25, as last reported on the 24th of December, with the highest price reaching 20.25 and the lowest price hitting 20.19 during the day. At this point, Enbridge Pref is very steady. Enbridge Pref 7 secures Sharpe Ratio (or Efficiency) of 0.0208, which denotes the company had a 0.0208% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Enbridge Pref 7, which you can use to evaluate the volatility of the firm. Please confirm Enbridge Pref's Downside Deviation of 0.5248, semi deviation of 0.5044, and Mean Deviation of 0.3703 to check if the risk estimate we provide is consistent with the expected return of 0.0106%.
Enbridge Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Enbridge |
Sharpe Ratio = 0.0208
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| Negative Returns | ENB-PJ |
Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Enbridge Pref is performing at about 1% 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 Pref by adding it to a well-diversified portfolio.
Enbridge Pref Valuation on November 1, 2023
It is possible to determine the worth of Enbridge Pref on a given historical date. On November 1, 2023 Enbridge was worth 15.57 at the beginning of the trading date compared to the closed value of 15.67. 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 | |
| 15.52 | 15.54 | 15.45 | 15.54 | 10,295 | |
11/01/2023 | 15.57 | 15.76 | 15.55 | 15.67 | 15,043 |
| 15.82 | 15.89 | 15.80 | 15.85 | 19,388 |
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Enbridge Pref Trading Date Momentum on November 1, 2023
| On November 02 2023 Enbridge Pref 7 was traded for 15.85 at the closing time. The highest price during the trading period was 15.89 and the lowest recorded bid was listed for 15.80 . The volume for the day was 19.4 K. This history from November 2, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.15% . The overall trading delta to the current price is 2.11% . |
Enbridge Pref 7 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 7 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 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.
Price Boundaries
Enbridge Pref Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Enbridge Pref 7 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 24, 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 7 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.
| Risk Adjusted Performance | 9.0E-4 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0559 |
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Complementary Tools for Enbridge Preferred Stock analysis
When running Enbridge Pref's price analysis, check to measure Enbridge Pref'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 Pref is operating at the current time. Most of Enbridge Pref's value examination focuses on studying past and present price action to predict the probability of Enbridge Pref'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 Pref's price. Additionally, you may evaluate how the addition of Enbridge Pref to your portfolios can decrease your overall portfolio volatility.
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