Enbridge Stock Performance

EBBNF Stock  USD 20.44  0.14  0.69%   
Enbridge has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Enbridge's returns are expected to increase less than the market. However, during the bear market, the loss of holding Enbridge is expected to be smaller as well. Enbridge right now shows a risk of 0.89%. Please confirm Enbridge sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to decide if Enbridge will be following its price patterns.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Enbridge are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Enbridge may actually be approaching a critical reversion point that can send shares even higher in April 2024. ...more
Begin Period Cash Flow320 M
  

Enbridge Relative Risk vs. Return Landscape

If you would invest  1,867  in Enbridge on December 29, 2023 and sell it today you would earn a total of  177.00  from holding Enbridge or generate 9.48% return on investment over 90 days. Enbridge is currently producing 0.1525% returns and takes up 0.8878% volatility of returns over 90 trading days. Put another way, 7% of traded pink sheets are less volatile than Enbridge, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon Enbridge is expected to generate 1.56 times more return on investment than the market. However, the company is 1.56 times more volatile than its market benchmark. It trades about 0.17 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.24 per unit of risk.

Enbridge Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Enbridge's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Enbridge, and traders can use it to determine the average amount a Enbridge's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1717

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Estimated Market Risk

 0.89
  actual daily
7
93% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Enbridge is performing at about 13% of its full potential. 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 it to a well-diversified portfolio.

Enbridge Fundamentals Growth

Enbridge Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Enbridge, and Enbridge fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Enbridge Pink Sheet performance.

About Enbridge Performance

To evaluate Enbridge Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Enbridge generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Enbridge Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Enbridge market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Enbridge's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The company operates through five segments Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. Enbridge operates under Oil Gas Midstream classification in the United States and is traded on OTC Exchange. It employs 10900 people.

Things to note about Enbridge performance evaluation

Checking the ongoing alerts about Enbridge for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Enbridge help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company has accumulated 72.94 B in total debt with debt to equity ratio (D/E) of 1.22, which is about average as compared to similar companies. Enbridge has a current ratio of 0.59, 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 until it has trouble settling it off, either with new capital or with free cash flow. So, Enbridge'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 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's use of debt, we should always consider it together with cash and equity.
Evaluating Enbridge's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Enbridge's pink sheet performance include:
  • Analyzing Enbridge's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Enbridge's stock is overvalued or undervalued compared to its peers.
  • Examining Enbridge's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Enbridge's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enbridge's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Enbridge's pink sheet. These opinions can provide insight into Enbridge's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Enbridge's pink sheet performance is not an exact science, and many factors can impact Enbridge's pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Enbridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enbridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enbridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enbridge Stock:
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 more detail on how to invest in Enbridge Pink Sheet please use our How to Invest in Enbridge guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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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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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.