Enbridge Energy Backtesting

EEP -- USA Stock  

USD 10.58  0.09  0.84%

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

June 18, 2018
No Change 0.00  0.0%
In 31 days
July 18, 2018
If you would invest  0.00  in Enbridge Energy on June 18, 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

Downside Deviation1.52
Information Ratio0.0613
Maximum Drawdown9.75
Value At Risk2.38
Potential Upside3.67

Enbridge Energy Market Premium Indicators

Risk Adjusted Performance0.0804
Jensen Alpha0.2375
Total Risk Alpha0.20
Sortino Ratio0.0905
Treynor Ratio1.36

Enbridge Energy Part Backtested Returns

Macroaxis considers Enbridge Energy not very volatile given 1 month investment horizon. Enbridge Energy Part secures Sharpe Ratio (or Efficiency) of 0.1274 which denotes Enbridge Energy Part had 0.1274% 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 1.36, Mean Deviation of 1.62 and Downside Deviation of 1.52 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Enbridge Energy holds performance score of 8. The firm shows Beta (market volatility) of 0.192 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.. 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 0.2861% 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(0.54) 

Good reverse predictability

Enbridge Energy Partners L P has good reverse predictability. Overlapping area represents the amount of predictability between Enbridge Energy time series from June 18, 2018 to July 3, 2018 and July 3, 2018 to July 18, 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 -0.54 indicates that about 54.0% of current Enbridge Energy price fluctuation can be explain by its past prices. Given that Enbridge Energy Partners L P has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Enbridge Energy for similar time interval.
Correlation Coefficient -0.54
Spearman Rank Test 0.44
Price Variance 0.02
Lagged Price Variance 0.12

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 Lagged Returns

 Regressed Prices 

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?
98% Bullish
2% Bearish

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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. macroaxis watchlist is based on self-learning algorithm to remember stocks you like.