Enbridge Stock Performance
| ENB Stock | USD 43.49 0.70 1.64% |
Enbridge has a performance score of 16 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Enbridge's returns are expected to increase less than the market. However, during the bear market, the loss of holding Enbridge is expected to be smaller as well. Enbridge right now shows a risk of 0.78%. Please confirm Enbridge semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to decide if Enbridge will be following its price patterns.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Enbridge are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Despite somewhat uncertain basic indicators, Enbridge may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 907 M |
Enbridge |
Enbridge Relative Risk vs. Return Landscape
If you would invest 3,929 in Enbridge on August 24, 2024 and sell it today you would earn a total of 420.00 from holding Enbridge or generate 10.69% return on investment over 90 days. Enbridge is generating 0.1618% of daily returns assuming volatility of 0.7759% on return distribution over 90 days investment horizon. In other words, 6% of stocks are less volatile than Enbridge, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Enbridge Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enbridge's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Enbridge, and traders can use it to determine the average amount a Enbridge's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2085
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Enbridge is performing at about 16% 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 Enbridge by adding it to a well-diversified portfolio.
Enbridge Fundamentals Growth
Enbridge Stock prices reflect investors' perceptions of the future prospects and financial health of Enbridge, and Enbridge fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Enbridge Stock performance.
| Return On Equity | 0.0959 | ||||
| Return On Asset | 0.0313 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 164.59 B | ||||
| Shares Outstanding | 2.18 B | ||||
| Price To Earning | 20.33 X | ||||
| Price To Book | 2.23 X | ||||
| Price To Sales | 1.92 X | ||||
| Revenue | 43.65 B | ||||
| EBITDA | 13.82 B | ||||
| Cash And Equivalents | 861 M | ||||
| Cash Per Share | 0.57 X | ||||
| Total Debt | 81.2 B | ||||
| Debt To Equity | 1.22 % | ||||
| Book Value Per Share | 27.07 X | ||||
| Cash Flow From Operations | 14.2 B | ||||
| Earnings Per Share | 2.09 X | ||||
| Total Asset | 180.32 B | ||||
| Retained Earnings | (17.11 B) | ||||
| Current Asset | 1.44 B | ||||
| Current Liabilities | 1.72 B | ||||
About Enbridge Performance
By analyzing Enbridge's fundamental ratios, stakeholders can gain valuable insights into Enbridge's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Enbridge has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Enbridge has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The company operates through five segments Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. Enbridge operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 10900 people.Things to note about Enbridge performance evaluation
Checking the ongoing alerts about Enbridge for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Enbridge help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Enbridge has 81.2 B in debt with debt to equity (D/E) ratio of 1.22, which is OK given its current industry classification. Enbridge has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Enbridge to invest in growth at high rates of return. |
- Analyzing Enbridge's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Enbridge's stock is overvalued or undervalued compared to its peers.
- Examining Enbridge's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Enbridge's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enbridge's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enbridge's stock. These opinions can provide insight into Enbridge's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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