Enbridges Preference Shares, Series B Shares Cross 8 percent Yield Mark - Nasdaq
| ENB-PFK Preferred Stock | CAD 22.65 0.14 0.62% |
About 53% of Enbridge Pref's investor base is interested to short. The analysis of current outlook of investing in Enbridge Pref Series suggests that many traders are impartial regarding Enbridge Pref's prospects. Enbridge Pref's investing sentiment shows overall attitude of investors towards Enbridge Pref Series.
Enbridge |
Enbridges Preference Shares, Series B Shares Cross 8 percent Yield Mark Nasdaq
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Enbridge Pref Fundamental Analysis
We analyze Enbridge Pref's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enbridge Pref using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enbridge Pref based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Enbridge Pref is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Enbridge Pref Series Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Enbridge Pref preferred stock to make a market-neutral strategy. Peer analysis of Enbridge Pref could also be used in its relative valuation, which is a method of valuing Enbridge Pref by comparing valuation metrics with similar companies.
Peers
Enbridge Pref Related Equities
| CU-PI | Canadian Utilities | 0.45 | ||||
| ENB-PFG | Enbridge Pref | 0.21 | ||||
| EMA-PH | Emera | 0.21 | ||||
| ENB-PFE | Enbridge Pref | 0.05 | ||||
| PPL-PFA | Pembina Pipeline | 0.08 |
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.