Enlink Midstream Llc Stock Price on February 13, 2024

ENLC Stock  USD 15.67  0.21  1.36%   
Below is the normalized historical share price chart for EnLink Midstream LLC extending back to January 13, 2004. 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 EnLink Midstream stands at 15.67, as last reported on the 22nd of November, with the highest price reaching 15.69 and the lowest price hitting 15.48 during the day.
IPO Date
13th of January 2004
200 Day MA
13.638
50 Day MA
14.843
Beta
2.354
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in EnLink Stock, it is important to understand the factors that can impact its price. EnLink Midstream appears to be very steady, given 3 months investment horizon. EnLink Midstream LLC secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for EnLink Midstream LLC, which you can use to evaluate the volatility of the firm. Please utilize EnLink Midstream's Semi Deviation of 0.4886, downside deviation of 0.8306, and Mean Deviation of 0.8437 to check if our risk estimates are consistent with your expectations.
  
At present, EnLink Midstream's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 1.3 B, whereas Liabilities And Stockholders Equity is forecasted to decline to about 5.5 B. . At present, EnLink Midstream's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 3.51, whereas Price Earnings To Growth Ratio is projected to grow to (0.45). EnLink Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1808

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Estimated Market Risk

 1.45
  actual daily
12
88% of assets are more volatile

Expected Return

 0.26
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average EnLink Midstream is performing at about 14% 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 EnLink Midstream by adding it to a well-diversified portfolio.
Price Book
7.5728
Enterprise Value Ebitda
9.6471
Price Sales
1.0782
Shares Float
256.5 M
Dividend Share
0.53

EnLink Midstream Valuation on February 13, 2024

It is possible to determine the worth of EnLink Midstream on a given historical date. On February 13, 2024 EnLink was worth 11.62 at the beginning of the trading date compared to the closed value of 11.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EnLink Midstream stock. Still, in general, we apply an absolute valuation method to find EnLink Midstream'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 EnLink Midstream where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EnLink Midstream's related companies.
 Open High Low Close Volume
  11.51    11.74    11.51    11.65    919,274  
02/13/2024
  11.62    11.68    11.37    11.48    2,314,895  
  11.62    11.67    11.40    11.62    2,133,604  
Backtest EnLink Midstream  |  EnLink Midstream History  |  EnLink Midstream Valuation   PreviousNext  
Open Value
11.62
11.48
Closing Value
15.96
Upside

EnLink Midstream Trading Date Momentum on February 13, 2024

On February 14 2024 EnLink Midstream LLC was traded for  11.62  at the closing time. The top price for the day was 11.67  and the lowest listed price was  11.40 . The trading volume for the day was 2.1 M. The trading history from February 14, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.22% . The overall trading delta against the current closing price is 4.79% .

EnLink Midstream LLC Fundamentals Correlations and Trends

By evaluating EnLink Midstream'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 EnLink Midstream's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EnLink financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About EnLink Midstream Stock history

EnLink Midstream 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 EnLink is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EnLink Midstream LLC 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 EnLink Midstream stock prices may prove useful in developing a viable investing in EnLink Midstream
Last ReportedProjected for Next Year
Common Stock Shares Outstanding466 M489.3 M
Net Income Applicable To Common Shares325.2 M341.4 M

EnLink Midstream Stock Technical Analysis

EnLink Midstream 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 EnLink Midstream technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EnLink Midstream 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

EnLink Midstream Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

EnLink Midstream LLC 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.

EnLink Midstream November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how EnLink Midstream stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EnLink Midstream shares will generate the highest return on investment. By undertsting and applying EnLink Midstream stock market strength indicators, traders can identify EnLink Midstream LLC entry and exit signals to maximize returns

EnLink Midstream Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for EnLink Midstream's price direction in advance. Along with the technical and fundamental analysis of EnLink Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EnLink 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.

Complementary Tools for EnLink Stock analysis

When running EnLink Midstream's price analysis, check to measure EnLink Midstream'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 EnLink Midstream is operating at the current time. Most of EnLink Midstream's value examination focuses on studying past and present price action to predict the probability of EnLink Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnLink Midstream's price. Additionally, you may evaluate how the addition of EnLink Midstream to your portfolios can decrease your overall portfolio volatility.
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