Enbridge Energy Backtesting

Enbridge Energy Partners L P -- USA Stock  

USD 15.2  0.15  0.98%

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

December 25, 2017
No Change 0.00  0.0%
In 30 days
January 24, 2018
If you would invest  0.00  in Enbridge Energy on December 25, 2017 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 Cheniere Energy, TechnipFMC plc, Halliburton, and Magellan Midstream. It operates through two segments Liquids and Natural Gas

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 not very risky given 1 month investment horizon. Enbridge Energy Part secures Sharpe Ratio (or Efficiency) of 0.2641 which denotes Enbridge Energy Part had 0.2641% of return per unit of standard deviation over the last 1 month. Our philosophy in predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Enbridge Energy Partners L P which you can use to evaluate future volatility of the firm. Please utilize Enbridge Energy Part Semi Deviation of 0.4373, Mean Deviation of 1.31 and Downside Deviation of 0.9207 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Enbridge Energy holds performance score of 17. The firm shows Beta (market volatility) of -1.2501 which denotes to the fact that as returns on market increase, returns on owning Enbridge Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Enbridge Energy is expected to significantly outperform it.. Although it is vital to follow to Enbridge Energy Part historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy in predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing Enbridge Energy Part technical indicators you can presently evaluate if the expected return of 0.4317% will be sustainable into the future. Please utilizes Enbridge Energy Part Information Ratio, and the relationship between Downside Deviation and Value At Risk to make a quick decision on weather Enbridge Energy price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.1 

Insignificant predictability

Enbridge Energy Partners L P has insignificant predictability. Overlapping area represents the amount of predictability between Enbridge Energy time series from December 25, 2017 to January 9, 2018 and January 9, 2018 to January 24, 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 0.1 indicates that less than 10.0% of current Enbridge Energy price fluctuation can be explain by its past prices.
Correlation Coefficient 0.1
Spearman Rank Test 0.07
Price Variance 0.04
Lagged Price Variance 0.24

Enbridge Energy Lagged Returns

 Regressed Prices 

Enbridge Energy Performance vs DOW

The median price of Enbridge Energy for the period between Mon, Dec 25, 2017 and Wed, Jan 24, 2018 is 14.83 with a coefficient of variation of 3.77. The daily time series for the period is distributed with a sample standard deviation of 0.55, arithmetic mean of 14.59, and mean deviation of 0.49. The Stock received some media coverage during the period.
Price Growth (%)  
How to Trade these Stock After an unavoidable Selloff Enbrid...01/23/2018