ENB Earnings Before Interest Taxes and Depreciation Amortization EBITDA from 2010 to 2024
| ENBP Stock | USD 14.60 0.10 0.69% |
Check ENB Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ENB main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . ENB financial statements analysis is a perfect complement when working with ENB Financial Valuation or Volatility modules.
ENB |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ENB Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ENB Financial's short interest history, or implied volatility extrapolated from ENB Financial options trading.
Pair Trading with ENB Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ENB Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ENB Financial will appreciate offsetting losses from the drop in the long position's value.Moving against ENB OTC Stock
| 0.52 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
| 0.45 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.45 | PBCRY | Bank Central Asia | PairCorr |
| 0.44 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.42 | GE | GE Aerospace Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to ENB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ENB Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ENB Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ENB Financial Corp to buy it.
The correlation of ENB Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ENB Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ENB Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ENB Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of ENB Financial Correlation against competitors. Note that the ENB Financial Corp information on this page should be used as a complementary analysis to other ENB Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for ENB OTC Stock analysis
When running ENB Financial's price analysis, check to measure ENB Financial'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 ENB Financial is operating at the current time. Most of ENB Financial's value examination focuses on studying past and present price action to predict the probability of ENB Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENB Financial's price. Additionally, you may evaluate how the addition of ENB Financial to your portfolios can decrease your overall portfolio volatility.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |