Financial data analysis helps to check if markets are presently mispricing Enbridge. We are able to interpolate and collect twenty-five available fundamental indicators for Enbridge, which can be compared to its peers. The stock experiences a normal upward fluctuation. Check odds of Enbridge to be traded at 63.0 in 90 days. Key indicators impacting Enbridge's financial strength include:
Understanding current and past Enbridge Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Enbridge's financial statements are interrelated, with each one affecting the others. For example, an increase in Enbridge's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Enbridge's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Enbridge. Check Enbridge's Beneish M Score to see the likelihood of Enbridge's management manipulating its earnings.
You should never invest in Enbridge without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Enbridge Stock, because this is throwing your money away. Analyzing the key information contained in Enbridge's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Enbridge Key Financial Ratios
There are many critical financial ratios that Enbridge's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Enbridge reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Enbridge's current stock value. Our valuation model uses many indicators to compare Enbridge value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Enbridge competition to find correlations between indicators driving Enbridge's intrinsic value. More Info.
Enbridge is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.33 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Enbridge is roughly 3.06 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Enbridge's earnings, one of the primary drivers of an investment's value.
Enbridge Systematic Risk
Enbridge's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Enbridge volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Enbridge correlated with the market. If Beta is less than 0 Enbridge generally moves in the opposite direction as compared to the market. If Enbridge Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Enbridge is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Enbridge is generally in the same direction as the market. If Beta > 1 Enbridge moves generally in the same direction as, but more than the movement of the benchmark.
Enbridge Total Assets Over Time
Enbridge November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Enbridge help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Enbridge. We use our internally-developed statistical techniques to arrive at the intrinsic value of Enbridge based on widely used predictive technical indicators. In general, we focus on analyzing Enbridge Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Enbridge's daily price indicators and compare them against related drivers.
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.