Enbridge Pref L Preferred Stock Probability of Future Preferred Stock Price Finishing Over 20.23
| ENB-PFU Preferred Stock | USD 20.73 0.05 0.24% |
Enbridge |
Enbridge Pref Target Price Odds to finish over 20.23
The tendency of Enbridge Preferred Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 20.23 in 90 days |
| 20.73 | 90 days | 20.23 | about 54.08 |
Based on a normal probability distribution, the odds of Enbridge Pref to stay above $ 20.23 in 90 days from now is about 54.08 (This Enbridge Pref L probability density function shows the probability of Enbridge Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Enbridge Pref L price to stay between $ 20.23 and its current price of $20.73 at the end of the 90-day period is about 42.17 .
Assuming the 90 days trading horizon Enbridge Pref has a beta of 0.22 suggesting as returns on the market go up, Enbridge Pref average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Enbridge Pref L will be expected to be much smaller as well. Additionally Enbridge Pref L has an alpha of 0.0718, implying that it can generate a 0.0718 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Enbridge Pref Price Density |
| Price |
Predictive Modules for Enbridge Pref
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enbridge Pref L. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Enbridge Pref's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Enbridge Pref Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Enbridge Pref is not an exception. The market had few large corrections towards the Enbridge Pref's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Enbridge Pref L, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enbridge Pref within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.07 | |
β | Beta against NYSE Composite | 0.22 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | 0.05 |
Enbridge Pref Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Enbridge Pref for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enbridge Pref L can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Enbridge Pref L has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 47.9 B in total debt with debt to equity ratio (D/E) of 92.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Enbridge Pref L has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Enbridge Pref until it has trouble settling it off, either with new capital or with free cash flow. So, Enbridge Pref's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enbridge Pref L sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enbridge to invest in growth at high rates of return. When we think about Enbridge Pref's use of debt, we should always consider it together with cash and equity. |
Enbridge Pref Technical Analysis
Enbridge Pref's future price can be derived by breaking down and analyzing its technical indicators over time. Enbridge Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Enbridge Pref L. In general, you should focus on analyzing Enbridge Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Enbridge Pref Predictive Forecast Models
Enbridge Pref's time-series forecasting models is one of many Enbridge Pref's preferred stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Enbridge Pref's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the preferred stock market movement and maximize returns from investment trading.
Things to note about Enbridge Pref L
Checking the ongoing alerts about Enbridge Pref for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Enbridge Pref L help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Enbridge Pref L has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 47.9 B in total debt with debt to equity ratio (D/E) of 92.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Enbridge Pref L has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Enbridge Pref until it has trouble settling it off, either with new capital or with free cash flow. So, Enbridge Pref's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enbridge Pref L sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enbridge to invest in growth at high rates of return. When we think about Enbridge Pref's use of debt, we should always consider it together with cash and equity. |
Check out Enbridge Pref Backtesting, Enbridge Pref Valuation, Enbridge Pref Correlation, Enbridge Pref Hype Analysis, Enbridge Pref Volatility, Enbridge Pref History as well as Enbridge Pref Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Enbridge Preferred Stock analysis
When running Enbridge Pref's price analysis, check to measure Enbridge Pref'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 Pref is operating at the current time. Most of Enbridge Pref's value examination focuses on studying past and present price action to predict the probability of Enbridge Pref'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 Pref's price. Additionally, you may evaluate how the addition of Enbridge Pref to your portfolios can decrease your overall portfolio volatility.
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