Enbridge Stock Price on August 31, 2023
| ENB Stock | CAD 60.30 0.21 0.35% |
Below is the normalized historical share price chart for Enbridge extending back to March 17, 1980. 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 60.30, as last reported on the 30th of December, with the highest price reaching 60.42 and the lowest price hitting 59.97 during the day.
If you're considering investing in Enbridge Stock, it is important to understand the factors that can impact its price. As of now, Enbridge Stock is very steady. Enbridge secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had a 0.21% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Enbridge, which you can use to evaluate the volatility of the firm. Please confirm Enbridge's Mean Deviation of 0.5783, semi deviation of 0.4026, and Downside Deviation of 0.7049 to check if the risk estimate we provide is consistent with the expected return of 0.16%.
At this time, Enbridge's Total Stockholder Equity is very stable compared to the past year. As of the 30th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 189.3 B, while Common Stock Shares Outstanding is likely to drop about 1.2 B. . At this time, Enbridge's Price To Sales Ratio is very stable compared to the past year. As of the 30th of December 2024, Price Earnings Ratio is likely to grow to 24.31, while Price Book Value Ratio is likely to drop 1.52. Enbridge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 52.9486 | 50 Day MA 59.0692 | Beta 0.91 |
Enbridge |
Sharpe Ratio = 0.2145
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ENB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Enbridge is performing at about 16% 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 2.2271 | Enterprise Value Ebitda 12.8083 | Price Sales 2.7048 | Shares Float 2.2 B | Dividend Share 3.625 |
Enbridge Valuation on August 31, 2023
It is possible to determine the worth of Enbridge on a given historical date. On August 31, 2023 Enbridge was worth 43.81 at the beginning of the trading date compared to the closed value of 43.39. 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 | |
| 43.67 | 43.86 | 43.61 | 43.66 | 2,866,174 | |
08/31/2023 | 43.81 | 43.87 | 43.36 | 43.39 | 6,869,142 |
| 43.76 | 44.38 | 43.76 | 44.18 | 5,267,996 |
| Backtest Enbridge | | | Enbridge History | | | Enbridge Valuation | Previous | Next |
Enbridge Trading Date Momentum on August 31, 2023
| On September 01 2023 Enbridge was traded for 44.18 at the closing time. The maximum traded price for the trading interval was 44.38 and the lowest daily price was 43.76 . The daily volume was recorded at 5.3 M. The volume of trading on 1st of September 2023 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.82% . The overall trading delta to the closing price today is 3.53% . |
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 | 2.8 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 30, 2024
| High |
0.00 | 0.00 |
Enbridge 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 December 30, 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 | 0.1774 | |||
| Jensen Alpha | 0.1566 | |||
| Total Risk Alpha | 0.1372 | |||
| Sortino Ratio | 0.1929 | |||
| Treynor Ratio | 2.26 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.