Enbridge Pref Series Preferred Stock Performance
| ENB-PFK Preferred Stock | CAD 22.65 0.14 0.62% |
The firm shows a Beta (market volatility) of 0.0093, which means not very significant fluctuations relative to the market. As returns on the market increase, Enbridge Pref's returns are expected to increase less than the market. However, during the bear market, the loss of holding Enbridge Pref is expected to be smaller as well. At this point, Enbridge Pref Series has a negative expected return of -0.0252%. Please make sure to confirm Enbridge Pref's total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if Enbridge Pref Series performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Enbridge Pref Series has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Enbridge Pref is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Price Earnings Ratio | 12.459 | |
| Dividend Yield | 0.1431 |
Enbridge |
Enbridge Pref Relative Risk vs. Return Landscape
If you would invest 2,306 in Enbridge Pref Series on September 23, 2024 and sell it today you would lose (41.00) from holding Enbridge Pref Series or give up 1.78% of portfolio value over 90 days. Enbridge Pref Series is generating negative expected returns and assumes 0.7006% volatility on return distribution over the 90 days horizon. Simply put, 6% of preferred stocks are less volatile than Enbridge, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Enbridge Pref Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enbridge Pref's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Enbridge Pref Series, and traders can use it to determine the average amount a Enbridge Pref's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0359
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| Negative Returns | ENB-PFK |
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 Fundamentals Growth
Enbridge Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Enbridge Pref, and Enbridge Pref fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Enbridge Preferred Stock performance.
| Price To Earning | 17.39 X | ||||
| EBITDA | 10.21 B | ||||
| Cash And Equivalents | 610 M | ||||
| Cash Per Share | 0.36 X | ||||
| Total Debt | 66.35 B | ||||
| Debt To Equity | 93.00 % | ||||
| Book Value Per Share | 31.49 X | ||||
| Cash Flow From Operations | 8 B | ||||
About Enbridge Pref Performance
By examining Enbridge Pref's fundamental ratios, stakeholders can obtain critical insights into Enbridge Pref's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Enbridge Pref is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.Things to note about Enbridge Pref Series performance evaluation
Checking the ongoing alerts about Enbridge Pref for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Enbridge Pref Series help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Enbridge Pref Series generated a negative expected return over the last 90 days | |
| Enbridge Pref Series has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Enbridge Pref Series has accumulated 66.35 B in total debt with debt to equity ratio (D/E) of 93.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Enbridge Pref Series has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Enbridge Pref until it has trouble settling it off, either with new capital or with free cash flow. So, Enbridge Pref's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enbridge Pref Series sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enbridge to invest in growth at high rates of return. When we think about Enbridge Pref's use of debt, we should always consider it together with cash and equity. |
- Analyzing Enbridge Pref's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Enbridge Pref's stock is overvalued or undervalued compared to its peers.
- Examining Enbridge Pref's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Enbridge Pref's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enbridge Pref's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enbridge Pref's preferred stock. These opinions can provide insight into Enbridge Pref's potential for growth and whether the stock is currently undervalued or overvalued.
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.