Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Enbridge is 'Strong Hold'. Macroaxis provides Enbridge buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Enbridge positions. The advice algorithm takes into account all of Enbridge available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Enbridge buy-and-hold prospective. Additionally see Enbridge Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Enbridge has a risk adjusted performance of 0.2591, jensen alpha of 0.2764, total risk alpha of 0.3276, sortino ratio of 0.1253 and treynor ratio of 1.53Enbridge buy, hold, or sell suggestion module can be used to check and cross-verify current buy, hold, or sell recommendation provided by analysts reviewing the organization potential to grow using all of fundamental, technical, data market data available at the time. To make sure Enbridge is not overpriced, please confirm all Enbridge fundamentals including its Price to Earning, Net Income and the relationship between Shares Owned by Insiders and Revenue . Given that Enbridge has Price to Earning of 49.02X, we urge you verify Enbridge market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Enbridge Thematic Classifications
TransportationUSA Equities from Transportation industry as classified by Fama & French
Enbridge currently demonstrates below average downside deviation of 2.58. It has Information Ratio of 0.16 and Jensen Alpha of 0.28. However, we do advice investors to further question Enbridge expected returns to make sure all indicators are consistent with the current outlook about its relatively low value at risk.
Enbridge has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
The company has 47.9B in debt with debt to equity (D/E) ratio of 88.2 . This implies that the company may be unable to create cash to meet all of its financial commitments. Enbridge has Current Ratio of 0.59 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
ENBRIDGE INC has about 520.19M in cash with (818.15M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.3.
Additionally see Enbridge Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.