Enbridge 6375 Fixed Alpha and Beta Analysis
| ENBADelisted Stock | USD 25.40 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Enbridge 6375 Fixed. It also helps investors analyze the systematic and unsystematic risks associated with investing in Enbridge 6375 over a specified time horizon. Remember, high Enbridge 6375's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Enbridge 6375's market risk premium analysis include:
Beta (0.03) | Alpha 0.0493 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Enbridge |
Enbridge 6375 Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Enbridge 6375 market risk premium is the additional return an investor will receive from holding Enbridge 6375 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Enbridge 6375. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Enbridge 6375's performance over market.| α | 0.05 | β | -0.03 |
Enbridge 6375 Fundamentals Vs Peers
Comparing Enbridge 6375's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Enbridge 6375's direct or indirect competition across all of the common fundamentals between Enbridge 6375 and the related equities. This way, we can detect undervalued stocks with similar characteristics as Enbridge 6375 or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Enbridge 6375's fundamental indicators could also be used in its relative valuation, which is a method of valuing Enbridge 6375 by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Enbridge 6375 to competition |
| Fundamentals | Enbridge 6375 | Peer Average |
| Price To Earning | 22.88 X | 28.72 X |
| Revenue | 53.31 B | 9.43 B |
| Gross Profit | 15.74 B | 27.38 B |
| EBITDA | 12.04 B | 3.9 B |
| Net Income | 1.28 B | 570.98 M |
| Cash And Equivalents | 478.85 M | 2.7 B |
| Cash Per Share | 0.28 X | 5.01 X |
Enbridge 6375 Opportunities
Enbridge 6375 Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Cramers week ahead Take advantage of the bull market by selling some shares | 02/03/2023 |
2 | Enbridge to redeem outstanding 6.375 percent notes due 2078 - Seeking Alpha | 03/10/2023 |
About Enbridge 6375 Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Enbridge or other delisted stocks. Alpha measures the amount that position in Enbridge 6375 Fixed has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
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 Enbridge 6375 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, Enbridge 6375's short interest history, or implied volatility extrapolated from Enbridge 6375 options trading.
Build Portfolio with Enbridge 6375
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Consideration for investing in Enbridge Stock
If you are still planning to invest in Enbridge 6375 Fixed check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Enbridge 6375's history and understand the potential risks before investing.
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