Enbridge Stock Price on December 18, 2024

ENB Stock  USD 41.37  0.66  1.62%   
Below is the normalized historical share price chart for Enbridge extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Enbridge stands at 41.37, as last reported on the 22nd of December, with the highest price reaching 41.42 and the lowest price hitting 40.35 during the day.
IPO Date
27th of March 1990
200 Day MA
38.4032
50 Day MA
42.0002
Beta
0.91
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Enbridge Stock, it is important to understand the factors that can impact its price. At this point, Enbridge is very steady. Enbridge secures Sharpe Ratio (or Efficiency) of 0.0529, which denotes the company had a 0.0529% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Enbridge, which you can use to evaluate the volatility of the firm. Please confirm Enbridge's Mean Deviation of 0.6799, semi deviation of 0.7569, and Downside Deviation of 0.8231 to check if the risk estimate we provide is consistent with the expected return of 0.0455%.
  
At present, Enbridge's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 189.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.2 B. . At present, Enbridge's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 24.31, whereas Price Book Value Ratio is forecasted to decline to 1.52. Enbridge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0529

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsENB

Estimated Market Risk

 0.86
  actual daily
7
93% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Enbridge is performing at about 4% 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.
Price Book
2.1867
Enterprise Value Ebitda
12.7035
Price Sales
1.8557
Shares Float
2.2 B
Dividend Share
3.625

Enbridge Main Headline on 18th of December 2024

Canadas Bill C-59s truth in advertising law provisions have teeth, can be used by firms and individuals, and hydrogen claims of zero emissions are false.

Enbridge Valuation on December 18, 2024

It is possible to determine the worth of Enbridge on a given historical date. On December 18, 2024 Enbridge was worth 41.35 at the beginning of the trading date compared to the closed value of 40.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enbridge stock. Still, in general, we apply an absolute valuation method to find Enbridge's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Enbridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enbridge's related companies.
 Open High Low Close Volume
  41.26    41.52    41.10    41.40    2,534,954  
12/18/2024
  41.35    41.35    40.50    40.50    4,401,075  
  40.73    41.13    40.47    40.71    4,677,626  
Backtest Enbridge  |  Enbridge History  |  Enbridge Valuation   PreviousNext  
Open Value
41.35
40.5
Closing Value
43.93
Upside

Enbridge Trading Date Momentum on December 18, 2024

On December 19 2024 Enbridge was traded for  40.71  at the closing time. Highest Enbridge's price during the trading hours was 41.13  and the lowest price during the day was  40.47 . The net volume was 4.7 M. The overall trading history on the 19th of December contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.52% . The overall trading delta to current price is 0.12% .

Enbridge Fundamentals Correlations and Trends

By evaluating Enbridge's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Enbridge's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enbridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Enbridge Stock history

Enbridge investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Enbridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enbridge will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Enbridge stock prices may prove useful in developing a viable investing in Enbridge
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.1 B1.2 B
Net Income Applicable To Common SharesB1.6 B

Enbridge Stock Technical Analysis

Enbridge technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Enbridge technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enbridge trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Enbridge Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Enbridge cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Enbridge December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Enbridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enbridge shares will generate the highest return on investment. By undertsting and applying Enbridge stock market strength indicators, traders can identify Enbridge entry and exit signals to maximize returns

Enbridge Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Enbridge's price direction in advance. Along with the technical and fundamental analysis of Enbridge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enbridge to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Enbridge Stock 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.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Stocks Directory
Find actively traded stocks across global markets
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.