Enbridge Stock Price on November 22, 2024
| ENB Stock | USD 43.49 0.70 1.64% |
If you're considering investing in Enbridge Stock, it is important to understand the factors that can impact its price. As of today, the current price of Enbridge stands at 43.49, as last reported on the 22nd of November, with the highest price reaching 43.55 and the lowest price hitting 42.77 during the day. At this point, Enbridge 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 thirty technical indicators for Enbridge, which you can use to evaluate the volatility of the firm. Please confirm Enbridge's Semi Deviation of 0.4263, downside deviation of 0.6497, and Mean Deviation of 0.6396 to check if the risk estimate we provide is consistent with the expected return of 0.16%.
Enbridge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Enbridge |
Sharpe Ratio = 0.2085
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Estimated Market Risk
| 0.78 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.
Enbridge Valuation on November 22, 2024
It is possible to determine the worth of Enbridge on a given historical date. On November 22, 2024 Enbridge was worth 42.81 at the beginning of the trading date compared to the closed value of 43.49. 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 | |
| 42.81 | 43.55 | 42.77 | 43.49 | 3,765,042 | |
11/22/2024 | 42.81 | 43.55 | 42.77 | 43.49 | 0.00 |
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Enbridge Trading Date Momentum on November 22, 2024
| On November 22 2024 Enbridge was traded for 43.49 at the closing time. Highest Enbridge's price during the trading hours was 43.55 and the lowest price during the day was 42.77 . There was no trading activity during the period 0.0. Lack of trading volume on the 22nd of November did not affect price variability. The overall trading delta to current price is 1.56% . |
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
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 New York Stock Exchange. It employs 10900 people.
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 | November 22, 2024
| High |
0.00 | 0.00 |
Enbridge cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 22, 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 | 0.1592 | |||
| Jensen Alpha | 0.1393 | |||
| Total Risk Alpha | 0.0506 | |||
| Sortino Ratio | 0.0805 | |||
| Treynor Ratio | 1.21 |
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| Volume Indicators |
Complementary 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.
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