Enbridge Stock Price on September 5, 2023
EBBNF Stock | USD 22.42 0.15 0.67% |
If you're considering investing in Enbridge Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Enbridge stands at 22.42, as last reported on the 13th of December 2024, with the highest price reaching 22.42 and the lowest price hitting 22.36 during the day. At this point, Enbridge is very steady. Enbridge secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Enbridge, which you can use to evaluate the volatility of the firm. Please confirm Enbridge's Semi Deviation of 0.5914, downside deviation of 0.8228, and Mean Deviation of 0.4737 to check if the risk estimate we provide is consistent with the expected return of 0.13%.
Enbridge Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Enbridge |
Sharpe Ratio = 0.1768
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Estimated Market Risk
0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Enbridge is performing at about 13% 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.
Enbridge Valuation on September 5, 2023
It is possible to determine the worth of Enbridge on a given historical date. On September 5, 2023 Enbridge was worth 16.9 at the beginning of the trading date compared to the closed value of 16.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enbridge pink sheet. 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 | |
16.85 | 16.91 | 16.85 | 16.91 | 7,807 | |
09/05/2023 | 16.90 | 16.90 | 16.61 | 16.67 | 5,568 |
16.63 | 16.63 | 16.31 | 16.40 | 5,781 |
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Enbridge Trading Date Momentum on September 5, 2023
On September 06 2023 Enbridge was traded for 16.40 at the closing time. The highest daily price throughout the period was 16.63 and the lowest price was 16.31 . The daily volume was 5.8 K. The net trading volume on 09/06/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.62% . The overall trading delta to current closing price is 1.08% . |
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 Pink Sheet 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
The company operates through five segments Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. Enbridge operates under Oil Gas Midstream classification in the United States and is traded on OTC Exchange. It employs 10900 people.
Enbridge Pink Sheet Technical Analysis
Enbridge technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Enbridge Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
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Enbridge December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Enbridge pink sheet 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 pink sheet 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 Pink Sheet 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 | 0.1183 | |||
Jensen Alpha | 0.0837 | |||
Total Risk Alpha | 0.0062 | |||
Sortino Ratio | 0.0026 | |||
Treynor Ratio | 0.524 |
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Volume Indicators |
Complementary Tools for Enbridge Pink Sheet 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.
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