Enbridge Inc 55 Bond Technical Analysis
29250NAM7 | 96.04 0.00 0.00% |
As of the 7th of February, ENBRIDGE owns the Market Risk Adjusted Performance of 1.37, standard deviation of 0.9259, and Variance of 0.8572. In respect to fundamental indicators, the technical analysis model provides you with a way to check possible technical drivers of ENBRIDGE INC 55, as well as the relationship between them.
ENBRIDGE Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ENBRIDGE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ENBRIDGEENBRIDGE |
ENBRIDGE technical bond 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, bond market cycles, or different charting patterns.
ENBRIDGE INC 55 Trend Analysis
Use this graph to draw trend lines for ENBRIDGE INC 55. You can use it to identify possible trend reversals for ENBRIDGE as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ENBRIDGE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ENBRIDGE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ENBRIDGE INC 55 applied against its price change over selected period. The best fit line has a slop of 0.12 , which may suggest that ENBRIDGE INC 55 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 501.47, which is the sum of squared deviations for the predicted ENBRIDGE price change compared to its average price change.About ENBRIDGE Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ENBRIDGE INC 55 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ENBRIDGE INC 55 based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on ENBRIDGE INC 55 price pattern first instead of the macroeconomic environment surrounding ENBRIDGE INC 55. By analyzing ENBRIDGE's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ENBRIDGE's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ENBRIDGE specific price patterns or momentum indicators. Please read more on our technical analysis page.
ENBRIDGE February 7, 2025 Technical Indicators
Most technical analysis of ENBRIDGE help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ENBRIDGE from various momentum indicators to cycle indicators. When you analyze ENBRIDGE charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.08) | |||
Market Risk Adjusted Performance | 1.37 | |||
Mean Deviation | 0.6736 | |||
Coefficient Of Variation | (986.36) | |||
Standard Deviation | 0.9259 | |||
Variance | 0.8572 | |||
Information Ratio | (0.21) | |||
Jensen Alpha | (0.1) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | 1.36 | |||
Maximum Drawdown | 4.46 | |||
Value At Risk | (1.95) | |||
Potential Upside | 1.84 | |||
Skewness | 0.1454 | |||
Kurtosis | 1.44 |
Other Information on Investing in ENBRIDGE Bond
ENBRIDGE financial ratios help investors to determine whether ENBRIDGE Bond 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.