Enbridge Srs P Preferred Stock Price on August 23, 2024

ENB-PP Preferred Stock  CAD 20.01  0.01  0.05%   
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 Srs stands at 20.01, as last reported on the 27th of December, with the highest price reaching 20.01 and the lowest price hitting 20.01 during the day. Enbridge Srs P secures Sharpe Ratio (or Efficiency) of -0.0091, which denotes the company had a -0.0091% return per unit of standard deviation over the last 3 months. Enbridge Srs P exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enbridge Srs' Downside Deviation of 0.4986, mean deviation of 0.3238, and Semi Deviation of 0.4051 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 = -0.0091

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Estimated Market Risk

 0.43
  actual daily
3
97% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Enbridge Srs 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 Srs by adding Enbridge Srs to a well-diversified portfolio.

Enbridge Srs Valuation on August 23, 2024

It is possible to determine the worth of Enbridge Srs on a given historical date. On August 23, 2024 Enbridge was worth 19.5 at the beginning of the trading date compared to the closed value of 19.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enbridge Srs preferred stock. Still, in general, we apply an absolute valuation method to find Enbridge Srs' 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 Srs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enbridge Srs' related companies.
 Open High Low Close Volume
  19.47    19.50    19.45    19.50    1,800  
08/23/2024
  19.50    19.69    19.45    19.69    19,205  
  19.83    19.83    19.67    19.74    43,508  
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Open Value
19.5
19.69
Closing Value
20.79
Upside

Enbridge Srs Trading Date Momentum on August 23, 2024

On August 26 2024 Enbridge Srs P was traded for  19.74  at the closing time. The highest price during the trading period was 19.83  and the lowest recorded bid was listed for  19.67 . The volume for the day was 43.5 K. This history from August 26, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.25% . The overall trading delta to the current price is 0.46% .

Enbridge Srs P Fundamentals Correlations and Trends

By evaluating Enbridge Srs' 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 Srs' 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 Srs Preferred Stock history

Enbridge Srs 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 Srs P 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 Srs stock prices may prove useful in developing a viable investing in Enbridge Srs
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 INC operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 12000 people.

Enbridge Srs Preferred Stock Technical Analysis

Enbridge Srs 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 Srs technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enbridge Srs 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 Srs Period Price Range

Low
December 27, 2024
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High

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Enbridge Srs P 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 Srs December 27, 2024 Market Strength

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

Enbridge Srs Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Enbridge Srs' 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.

Complementary Tools for Enbridge Preferred Stock analysis

When running Enbridge Srs' price analysis, check to measure Enbridge Srs' 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 Srs is operating at the current time. Most of Enbridge Srs' value examination focuses on studying past and present price action to predict the probability of Enbridge Srs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enbridge Srs' price. Additionally, you may evaluate how the addition of Enbridge Srs to your portfolios can decrease your overall portfolio volatility.
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