Enbridge Stock Price on December 7, 2021
| ENB Stock | USD 33.90 0.57 1.71% |
Below is the normalized historical share price chart for Enbridge extending back to November 05, 1984. 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 Enbridge stands at 33.90, as last reported on the 18th of April 2024, with the highest price reaching 33.95 and the lowest price hitting 33.35 during the day.
If you're considering investing in Enbridge Stock, it is important to understand the factors that can impact its price. Enbridge secures Sharpe Ratio (or Efficiency) of -0.0469, which denotes the company had a -0.0469% return per unit of standard deviation over the last 3 months. Enbridge exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enbridge's Coefficient Of Variation of (687.32), standard deviation of 1.01, and Mean Deviation of 0.7966 to check the risk estimate we provide.
At present, Enbridge's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 142.9 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.2 B. . At present, Enbridge's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 24.08, whereas Price Earnings To Growth Ratio is forecasted to decline to 0.12. Enbridge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of March 1990 | 200 Day MA 34.9249 | 50 Day MA 35.0746 | Beta 0.886 |
Enbridge |
Sharpe Ratio = -0.0469
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ENB |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Enbridge is not performing at its full potential. However, 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 Enbridge by adding Enbridge to a well-diversified portfolio.
Price Book 1.8205 | Enterprise Value Ebitda 8.1402 | Price Sales 1.6746 | Shares Float 2.1 B | Dividend Share 3.55 |
Enbridge Valuation on December 7, 2021
It is possible to determine the worth of Enbridge on a given historical date. On December 7, 2021 Enbridge was worth 46.55 at the beginning of the trading date compared to the closed value of 40.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enbridge stock. Still, in general, we apply an absolute valuation method to find Enbridge's 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 Enbridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enbridge's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 46.55 | 46.81 | 40.36 | 40.36 | 2,556,938 |
| 46.80 | 47.42 | 40.26 | 40.26 | 2,678,675 |
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Enbridge Trading Date Momentum on December 7, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Enbridge Fundamentals Correlations and Trends
By evaluating Enbridge's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Enbridge's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enbridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Enbridge Stock history
Enbridge 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 Enbridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enbridge 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 Enbridge stock prices may prove useful in developing a viable investing in Enbridge
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.1 B | 1.2 B | |
| Net Income Applicable To Common Shares | 3 B | 1.6 B |
Enbridge Stock Technical Analysis
Enbridge 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
Enbridge Period Price Range
Low | April 4, 2022
| High |
46.55 | 40.36 |
Enbridge April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Enbridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enbridge shares will generate the highest return on investment. By undertsting and applying Enbridge stock market strength indicators, traders can identify Enbridge entry and exit signals to maximize returns
| Accumulation Distribution | 352323.0 | |||
| Daily Balance Of Power | (0.96) | |||
| Rate Of Daily Change | 0.87 | |||
| Day Median Price | 43.59 | |||
| Day Typical Price | 42.51 | |||
| Price Action Indicator | (6.32) | |||
| Period Momentum Indicator | (6.46) | |||
| Relative Strength Index | 59.87 |
Enbridge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Enbridge's price direction in advance. Along with the technical and fundamental analysis of Enbridge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enbridge 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 | (0.09) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.16) |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. 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. For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.You can also try the 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.
Complementary Tools for Enbridge Stock analysis
When running Enbridge's price analysis, check to measure Enbridge's 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 Enbridge is operating at the current time. Most of Enbridge's value examination focuses on studying past and present price action to predict the probability of Enbridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enbridge's price. Additionally, you may evaluate how the addition of Enbridge to your portfolios can decrease your overall portfolio volatility.
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Is Enbridge's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enbridge. If investors know Enbridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enbridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Dividend Share 3.55 | Earnings Share 2.07 | Revenue Per Share 21.23 | Quarterly Revenue Growth (0.16) |
The market value of Enbridge is measured differently than its book value, which is the value of Enbridge that is recorded on the company's balance sheet. Investors also form their own opinion of Enbridge's value that differs from its market value or its book value, called intrinsic value, which is Enbridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enbridge's market value can be influenced by many factors that don't directly affect Enbridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enbridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enbridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enbridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.