Enbridge (UK) Price on February 5, 2024

0KTI Stock   60.00  0.22  0.37%   
Below is the normalized historical share price chart for Enbridge extending back to February 15, 2019. 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 60.00, as last reported on the 29th of November, with the highest price reaching 60.00 and the lowest price hitting 59.98 during the day.
200 Day MA
48.4753
50 Day MA
47.7358
Beta
0.91
 
Covid
If you're considering investing in Enbridge Stock, it is important to understand the factors that can impact its price. Enbridge appears to be very steady, given 3 months investment horizon. Enbridge secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the company had a 0.3% 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 utilize Enbridge's Mean Deviation of 0.7753, downside deviation of 0.7005, and Coefficient Of Variation of 271.84 to check if our risk estimates are consistent with your expectations.
  
At this time, Enbridge's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 189.3 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 1.2 B in 2024. . Enbridge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2997

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Estimated Market Risk

 1.0
  actual daily
8
92% of assets are more volatile

Expected Return

 0.3
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.3
  actual daily
23
77% of assets perform better
Based on monthly moving average Enbridge is performing at about 23% 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.
Book Value
27.075
Enterprise Value
234.2 B
Price Sales
2.544
Shares Float
2.2 B
Shares Outstanding
1.7 B

Enbridge Valuation on February 5, 2024

It is possible to determine the worth of Enbridge on a given historical date. On February 5, 2024 Enbridge was worth 44.24 at the beginning of the trading date compared to the closed value of 43.8. 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
  44.39    44.39    44.03    44.03    1,362  
02/05/2024
  44.24    44.24    43.64    43.80    2,593  
  43.66    43.80    43.66    43.73    2,397  
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Open Value
44.24
43.8
Closing Value
47.25
Upside

Enbridge Trading Date Momentum on February 5, 2024

On February 06 2024 Enbridge was traded for  43.73  at the closing time. The highest price during the trading period was 43.80  and the lowest recorded bid was listed for  43.66 . The volume for the day was 2.4 K. This history from February 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.16% . The overall trading delta to the current price is 1.80% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding2.1 B1.2 B
Net Income Applicable To Common SharesB3.7 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.
A focus of Enbridge technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enbridge 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 Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Enbridge cannot be verified against its exchange. Please verify the symbol is currently traded on London 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 November 29, 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.

Additional Tools for Enbridge Stock Analysis

When running Enbridge's price analysis, check to measure Enbridge'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 is operating at the current time. Most of Enbridge's value examination focuses on studying past and present price action to predict the probability of Enbridge'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's price. Additionally, you may evaluate how the addition of Enbridge to your portfolios can decrease your overall portfolio volatility.