Enerplus Price on June 7, 2023

ERFDelisted Stock  USD 16.27  0.19  1.18%   
If you're considering investing in Enerplus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Enerplus stands at 16.27, as last reported on the 22nd of November, with the highest price reaching 16.35 and the lowest price hitting 16.08 during the day. We have found nine technical indicators for Enerplus, which you can use to evaluate the volatility of the firm. Please confirm Enerplus' Market Facilitation Index of 0.27, rate of daily change of 1.01, and Day Typical Price of 16.23 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Enerplus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Enerplus is not performing at its full potential. However, 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 Enerplus by adding Enerplus to a well-diversified portfolio.

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Granite Ridge Headline on 7th of June 2023

Filed transaction by Granite Ridge Resources I director. General open market or private purchase of non-derivative or derivative security

Enerplus Valuation on June 7, 2023

It is possible to determine the worth of Enerplus on a given historical date. On June 7, 2023 Enerplus was worth 14.84 at the beginning of the trading date compared to the closed value of 15.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enerplus stock. Still, in general, we apply an absolute valuation method to find Enerplus' 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 Enerplus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enerplus' related companies.
 Open High Low Close Volume
  14.17    14.65    14.13    14.65    892,479  
06/07/2023
  14.84    15.13    14.79    15.08    1,281,756  
  15.05    15.11    14.49    14.79    1,517,763  
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Open Value
14.84
15.08
Closing Value
14.84
Upside

Enerplus Trading Date Momentum on June 7, 2023

On June 08 2023 Enerplus was traded for  14.79  at the closing time. Highest Enerplus's price during the trading hours was 15.11  and the lowest price during the day was  14.49 . The net volume was 1.5 M. The overall trading history on the 8th of June contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.92% . The overall trading delta to current price is 4.91% .

Enerplus Fundamentals Correlations and Trends

By evaluating Enerplus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Enerplus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enerplus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Enerplus Stock history

Enerplus 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 Enerplus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enerplus 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 Enerplus stock prices may prove useful in developing a viable investing in Enerplus
Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada. Enerplus Corp operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 435 people.

Enerplus Stock Technical Analysis

Enerplus 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, delisted stock market cycles, or different charting patterns.
A focus of Enerplus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enerplus 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

Enerplus Period Price Range

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Enerplus 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.

Enerplus November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Enerplus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enerplus shares will generate the highest return on investment. By undertsting and applying Enerplus stock market strength indicators, traders can identify Enerplus entry and exit signals to maximize returns
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Other Consideration for investing in Enerplus Stock

If you are still planning to invest in Enerplus check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Enerplus' history and understand the potential risks before investing.
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