Enbridge Touches 52-Week High Should You Buy the Stock Now or Wait?
| ENB Stock | USD 44.51 0.48 1.09% |
About 51% of Enbridge's investors are presently thinking to get in. The current sentiment of investing in Enbridge suggests that some traders are interested. The current market sentiment, together with Enbridge's historical and current headlines, can help investors time the market. In addition, many technical investors use Enbridge stock news signals to limit their universe of possible portfolio assets.
Enbridge |
ENB generates cash flows from a backlog of secured capital projects, including liquids pipelines, gas transmission, distribution and storage, and renewables.
Read at finance.yahoo.com
 |
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.
Cash Per Share
Cash Per Share Comparative Analysis
Enbridge is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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
| PBA | Pembina Pipeline | 1.13 | ||||
| KMI | Kinder Morgan | 0.83 | ||||
| MPLX | MPLX LP | 0.67 | ||||
| OKE | ONEOK | 0.28 | ||||
| ET | Energy Transfer | 0.20 | ||||
| WMB | Williams Companies | 0.07 | ||||
| EPD | Enterprise Products | 0.30 |
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.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |