MA News Enbridge Stock Slips after Completing Questar Purchase - TipRanks.com - TipRanks
| ENB Stock | CAD 60.06 0.05 0.08% |
About 54% of Enbridge's investor base is interested to short. The current sentiment of investing in Enbridge suggests that many traders are impartial. Enbridge's investing sentiment overview a quick insight into current market opportunities from investing in Enbridge. Many technical investors use Enbridge stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Enbridge |
MA News Enbridge Stock Slips after Completing Questar Purchase - TipRanks.com TipRanks
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Enbridge Fundamental Analysis
We analyze Enbridge's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enbridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enbridge based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
Enbridge is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Enbridge Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Enbridge stock to make a market-neutral strategy. Peer analysis of Enbridge could also be used in its relative valuation, which is a method of valuing Enbridge by comparing valuation metrics with similar companies.
Peers
Enbridge Related Equities
| TD | Toronto Dominion | 1.05 | ||||
| BNS | Bank of Nova Scotia | 0.13 | ||||
| TRP | TC Energy | 0.09 | ||||
| BCE | BCE | 0.93 | ||||
| SU | Suncor Energy | 2.28 |
Check out Enbridge Hype Analysis, Enbridge Correlation and Enbridge Performance. To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.