Enbridge Energy Backtesting

Enbridge Energy Partners L P -- USA Stock  

USD 9.99  0.84  7.76%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Enbridge Energy Partners L P and determine expected loss or profit from investing in Enbridge Energy over given investment horizon. Additionally see Enbridge Energy Hype Analysis, Enbridge Energy Correlation, Enbridge Energy Valuation, Enbridge Energy Volatility as well as analyze Enbridge Energy Alpha and Beta and Enbridge Energy Performance
 Time Horizon     30 Days    Login   to change

Enbridge Energy 'What if' Analysis

February 17, 2018
No Change 0.00  0.0%
In 30 days
March 19, 2018
If you would invest  0.00  in Enbridge Energy on February 17, 2018 and sell it all today you would earn a total of 0.00 from holding Enbridge Energy Partners L P or generate 0.0% return on investment in Enbridge Energy over 30 days. Enbridge Energy is related to or competes with Baker Hughes, Cheniere Energy, TechnipFMC plc, Halliburton, and Magellan Midstream. Enbridge Energy Partners, L.P. provides crude oil and liquid petroleum gathering, transportation, and storage services a...

Enbridge Energy Upside/Downside Indicators


Enbridge Energy Market Premium Indicators

Enbridge Energy Part lagged returns against current returns

 Current and Lagged Values 

Enbridge Energy regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Enbridge Energy Part Backtested Returns

Macroaxis considers Enbridge Energy to be relatively volatile. Enbridge Energy Part secures Sharpe Ratio (or Efficiency) of -0.296 which denotes Enbridge Energy Part had -0.296% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Enbridge Energy Partners L P exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Enbridge Energy Part Mean Deviation of 2.3 to check risk estimate we provide. Macroaxis gives Enbridge Energy performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.1812 which denotes to the fact that as returns on market increase, returns on owning Enbridge Energy are expected to decrease at a much smaller rate. During bear market, Enbridge Energy is likely to outperform the market.. Even though it is essential to pay attention to Enbridge Energy Part historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Enbridge Energy Partners L P exposes twenty-one different technical indicators which can help you to evaluate its performance. Enbridge Energy Part has expected return of -1.3202%. Please be advised to confirm Enbridge Energy Part Information Ratio, and the relationship between Downside Deviation and Value At Risk to decide if Enbridge Energy Part past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.31 

Below average predictability

Enbridge Energy Partners L P has below average predictability. Overlapping area represents the amount of predictability between Enbridge Energy time series from February 17, 2018 to March 4, 2018 and March 4, 2018 to March 19, 2018. 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 Energy Part price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Enbridge Energy price fluctuation can be explain by its past prices.
Correlation Coefficient 0.31
Spearman Rank Test 0.13
Price Variance 1.02
Lagged Price Variance 0.07

Enbridge Energy Lagged Returns

 Regressed Prices 

Enbridge Energy Performance vs DOW

The median price of Enbridge Energy for the period between Sat, Feb 17, 2018 and Mon, Mar 19, 2018 is 12.91 with a coefficient of variation of 6.27. The daily time series for the period is distributed with a sample standard deviation of 0.79, arithmetic mean of 12.65, and mean deviation of 0.49. The Stock received some media coverage during the period.
 Price Growth (%)  
Investors are Taking a Deeper Look at Enbridge Energy Partne...02/22/2018
Enbridge Energy Partners, LP Announces Preliminary Impacts o...03/16/2018