Enbridge Stock Odds of Future Pink Sheet Price Finishing Under 12.21

EBBNF Stock  USD 20.52  0.08  0.39%   
Enbridge's future price is the expected price of Enbridge instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Enbridge performance during a given time horizon utilizing its historical volatility. Check out Enbridge Backtesting, Enbridge Valuation, Enbridge Correlation, Enbridge Hype Analysis, Enbridge Volatility, Enbridge History as well as Enbridge Performance.
For more detail on how to invest in Enbridge Pink Sheet please use our How to Invest in Enbridge guide.
  
Please specify Enbridge's target price for which you would like Enbridge odds to be computed.

Enbridge Target Price Odds to finish below 12.21

The tendency of Enbridge Pink Sheet 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 PriceHorizonTarget PriceOdds to drop to $ 12.21  or more in 90 days
 20.52 90 days 12.21 
near 1
Based on a normal probability distribution, the odds of Enbridge to drop to $ 12.21  or more in 90 days from now is near 1 (This Enbridge probability density function shows the probability of Enbridge Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Enbridge price to stay between $ 12.21  and its current price of $20.52 at the end of the 90-day period is about 90.0 .
Assuming the 90 days horizon Enbridge has a beta of 0.13 suggesting as returns on the market go up, Enbridge average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Enbridge will be expected to be much smaller as well. Additionally Enbridge has an alpha of 0.0957, implying that it can generate a 0.0957 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Enbridge Price Density   
       Price  

Predictive Modules for Enbridge

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. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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'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.
Hype
Prediction
LowEstimatedHigh
19.6420.5221.40
Details
Intrinsic
Valuation
LowRealHigh
19.1920.0720.95
Details
Naive
Forecast
LowNextHigh
19.5120.4021.28
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
20.1220.3220.53
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Enbridge. Your research has to be compared to or analyzed against Enbridge's peers to derive any actionable benefits. When done correctly, Enbridge's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Enbridge.

Enbridge Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Enbridge is not an exception. The market had few large corrections towards the Enbridge'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, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enbridge within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.1
β
Beta against NYSE Composite0.13
σ
Overall volatility
0.60
Ir
Information ratio -0.01

Enbridge 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 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enbridge can help investors quickly react to important events or material 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.

Enbridge Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Enbridge Pink Sheet often depends not only on the future outlook of the current and potential Enbridge's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Enbridge's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding3.9 B
Cash And Short Term Investments16.8 B

Enbridge Technical Analysis

Enbridge's future price can be derived by breaking down and analyzing its technical indicators over time. Enbridge Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Enbridge. In general, you should focus on analyzing Enbridge Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.

Enbridge Predictive Forecast Models

Enbridge's time-series forecasting models is one of many Enbridge's pink sheet 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'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 pink sheet market movement and maximize returns from investment trading.

Things to note about Enbridge

Checking the ongoing alerts about Enbridge for important developments is a great way to find new opportunities for your next move. Our stock 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.
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 Enbridge Backtesting, Enbridge Valuation, Enbridge Correlation, Enbridge Hype Analysis, Enbridge Volatility, Enbridge History as well as Enbridge Performance.
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Enbridge Pink Sheet 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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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.