Enerplus Stock Price on March 28, 2024
| ERF Stock | CAD 26.76 0.13 0.49% |
Below is the normalized historical share price chart for Enerplus extending back to January 19, 1990. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Enerplus stands at 26.76, as last reported on the 6th of May, with the highest price reaching 26.87 and the lowest price hitting 26.43 during the day.
If you're considering investing in Enerplus Stock, it is important to understand the factors that can impact its price. Enerplus appears to be very steady, given 3 months investment horizon. Enerplus secures Sharpe Ratio (or Efficiency) of 0.31, which denotes the company had a 0.31% return per unit of risk over the last 3 months. By reviewing Enerplus' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Enerplus' Coefficient Of Variation of 374.46, mean deviation of 1.18, and Downside Deviation of 1.35 to check if our risk estimates are consistent with your expectations.
At this time, Enerplus' Total Stockholder Equity is very stable compared to the past year. As of the 6th of May 2024, Liabilities And Stockholders Equity is likely to grow to about 2.9 B, while Common Stock Shares Outstanding is likely to drop about 160.9 M. . At this time, Enerplus' Price To Sales Ratio is very stable compared to the past year. As of the 6th of May 2024, Price To Operating Cash Flows Ratio is likely to grow to 6.41, while Price Earnings Ratio is likely to drop 6.74. Enerplus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 22.8589 | 50 Day MA 26.0768 | Beta 2.65 |
Enerplus |
Sharpe Ratio = 0.3129
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ERF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Enerplus is performing at about 24% 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 Enerplus by adding it to a well-diversified portfolio.
Price Book 3.444 | Enterprise Value Ebitda 6.2194 | Price Sales 3.7875 | Shares Float 200.6 M | Dividend Share 0.23 |
Enerplus Valuation on March 28, 2024
It is possible to determine the worth of Enerplus on a given historical date. On March 28, 2024 Enerplus was worth 26.35 at the beginning of the trading date compared to the closed value of 26.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enerplus stock. Still, in general, we apply an absolute valuation method to find Enerplus' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Enerplus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enerplus' related companies.
| Open | High | Low | Close | Volume | |
| 26.05 | 26.30 | 25.90 | 26.28 | 508,833 | |
03/28/2024 | 26.35 | 26.75 | 26.22 | 26.61 | 531,143 |
| 26.66 | 26.77 | 26.38 | 26.62 | 397,888 |
| Backtest Enerplus | | | Enerplus History | | | Enerplus Valuation | Previous | Next |
Enerplus Trading Date Momentum on March 28, 2024
| On April 01 2024 Enerplus was traded for 26.62 at the closing time. The maximum traded price for the trading interval was 26.77 and the lowest daily price was 26.38 . The daily volume was recorded at 397.9 K. The volume of trading on 1st of April 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.04% . The overall trading delta to the closing price today is 3.98% . |
Enerplus Fundamentals Correlations and Trends
By evaluating Enerplus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Enerplus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enerplus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Enerplus Stock history
Enerplus investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Enerplus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enerplus will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Enerplus stock prices may prove useful in developing a viable investing in Enerplus
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 202.2 M | 160.9 M | |
| Net Income Applicable To Common Shares | 1.1 B | 1.1 B |
Enerplus Stock Technical Analysis
Enerplus technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Enerplus Period Price Range
Low | March 28, 2024
| High |
26.35 | 26.61 |
Enerplus May 6, 2024 Market Strength
Market strength indicators help investors to evaluate how Enerplus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enerplus shares will generate the highest return on investment. By undertsting and applying Enerplus stock market strength indicators, traders can identify Enerplus entry and exit signals to maximize returns
Enerplus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Enerplus' price direction in advance. Along with the technical and fundamental analysis of Enerplus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enerplus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1752 | |||
| Jensen Alpha | 0.4459 | |||
| Total Risk Alpha | 0.285 | |||
| Sortino Ratio | 0.3137 | |||
| Treynor Ratio | 0.7484 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerplus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Enerplus Stock, please use our How to Invest in Enerplus guide.Note that the Enerplus information on this page should be used as a complementary analysis to other Enerplus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Enerplus Stock analysis
When running Enerplus' price analysis, check to measure Enerplus' 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 Enerplus is operating at the current time. Most of Enerplus' value examination focuses on studying past and present price action to predict the probability of Enerplus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerplus' price. Additionally, you may evaluate how the addition of Enerplus to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| 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 | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |