Enbridge Cum Red Stock Market Value
| EBRGF Stock | USD 15.78 0.74 4.92% |
| Symbol | Enbridge |
Enbridge 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Enbridge's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Enbridge.
| 07/11/2024 |
| 01/02/2026 |
If you would invest 0.00 in Enbridge on July 11, 2024 and sell it all today you would earn a total of 0.00 from holding Enbridge CUM RED or generate 0.0% return on investment in Enbridge over 540 days. Enbridge is related to or competes with Galp Energa, MPLX LP, Woodside Petroleum, PTT PCL, Polski Koncern, PTT Public, and Sempra Energy. More
Enbridge Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Enbridge's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Enbridge CUM RED upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1166 | |||
| Maximum Drawdown | 18.27 |
Enbridge Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enbridge's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enbridge's standard deviation. In reality, there are many statistical measures that can use Enbridge historical prices to predict the future Enbridge's volatility.| Risk Adjusted Performance | 0.1089 | |||
| Jensen Alpha | 0.3366 | |||
| Total Risk Alpha | 0.1468 | |||
| Treynor Ratio | (0.29) |
Enbridge CUM RED Backtested Returns
Enbridge appears to be not too volatile, given 3 months investment horizon. Enbridge CUM RED secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15 % return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for Enbridge CUM RED, which you can use to evaluate the volatility of the firm. Please utilize Enbridge's Standard Deviation of 2.06, mean deviation of 0.6366, and Coefficient Of Variation of 689.25 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Enbridge holds a performance score of 11. The firm shows a Beta (market volatility) of -0.99, which means possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Enbridge are expected to decrease slowly. On the other hand, during market turmoil, Enbridge is expected to outperform it slightly. Please check Enbridge's treynor ratio, day typical price, and the relationship between the information ratio and daily balance of power , to make a quick decision on whether Enbridge's price patterns will revert.
Auto-correlation | 0.34 |
Below average predictability
Enbridge CUM RED has below average predictability. Overlapping area represents the amount of predictability between Enbridge time series from 11th of July 2024 to 7th of April 2025 and 7th of April 2025 to 2nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Enbridge CUM RED price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Enbridge price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
Enbridge CUM RED lagged returns against current returns
Autocorrelation, which is Enbridge pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Enbridge's pink sheet expected returns. We can calculate the autocorrelation of Enbridge returns to help us make a trade decision. For example, suppose you find that Enbridge has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Enbridge regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Enbridge pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enbridge pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enbridge pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Enbridge Lagged Returns
When evaluating Enbridge's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enbridge pink sheet have on its future price. Enbridge autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Enbridge autocorrelation shows the relationship between Enbridge pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Enbridge CUM RED.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Enbridge Pink Sheet
Enbridge financial ratios help investors to determine whether Enbridge Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Enbridge with respect to the benefits of owning Enbridge security.