Enbridge Energy Backtesting

EEP -- USA Stock  

USD 11.06  0.13  1.19%

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.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Enbridge Energy 'What if' Analysis

September 23, 2018
0.00
No Change 0.00  0.0%
In 31 days
October 23, 2018
0.00
If you would invest  0.00  in Enbridge Energy on September 23, 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 Antero Midstream, Dominion Energy, NuStar Energy, Enable Midstream, EnLink Midstream, EnLink Midstream, and Buckeye Partners. Enbridge Energy Partners, L.P. provides crude oil and liquid petroleum gathering, transportation, and storage services a...

Enbridge Energy Upside/Downside Indicators

Information Ratio0.026716
Maximum Drawdown6.12
Value At Risk2.65
Potential Upside2.27
  

Enbridge Energy Market Premium Indicators

Risk Adjusted Performance0.14
Jensen Alpha0.19
Total Risk Alpha0.0346
Treynor Ratio1.60

Enbridge Energy Part Backtested Returns

Macroaxis considers Enbridge Energy to be not very risky. Enbridge Energy Part secures Sharpe Ratio (or Efficiency) of -0.1595 which denotes Enbridge Energy Part had -0.1595% 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 1.17 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 0.1345 which denotes to the fact that as returns on market increase, Enbridge Energy returns are expected to increase less than the market. However during bear market, the loss on holding Enbridge Energy will be expected to be smaller as well.. 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 -0.2528%. 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 0.37 

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 September 23, 2018 to October 8, 2018 and October 8, 2018 to October 23, 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 0.37 indicates that just about 37.0% of current Enbridge Energy price fluctuation can be explain by its past prices.
Correlation Coefficient0.37
Spearman Rank Test0.51
Residual Average0.0
Price Variance0.04

Enbridge Energy Part lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Enbridge Energy regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Enbridge Energy Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - EEP

Enbridge Energy Part Investor Sentiment

Greater number of Macroaxis users are currently bullish on Enbridge Energy Partners L P. What is your opinion about investing in Enbridge Energy Partners L P? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Enbridge Energy Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Enbridge Energy and Antero Midstream Par. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
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. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
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