Enbridge Cumulative Red Preferred Stock Performance
| ENB-PB Preferred Stock | CAD 19.16 0.11 0.58% |
Enbridge Cumulative has a performance score of 17 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0398, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Enbridge Cumulative are expected to decrease at a much lower rate. During the bear market, Enbridge Cumulative is likely to outperform the market. Enbridge Cumulative Red right now shows a risk of 0.54%. Please confirm Enbridge Cumulative Red information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to decide if Enbridge Cumulative Red will be following its price patterns.
Risk-Adjusted Performance
17 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Enbridge Cumulative Red are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unfluctuating fundamental drivers, Enbridge Cumulative may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
| Begin Period Cash Flow | 320 M | |
| Free Cash Flow | 6.4 B |
Enbridge |
Enbridge Cumulative Relative Risk vs. Return Landscape
If you would invest 1,778 in Enbridge Cumulative Red on October 10, 2024 and sell it today you would earn a total of 130.00 from holding Enbridge Cumulative Red or generate 7.31% return on investment over 90 days. Enbridge Cumulative Red is generating 0.1191% of daily returns and assumes 0.542% volatility on return distribution over the 90 days horizon. Simply put, 4% of preferred stocks are less volatile than Enbridge, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Enbridge Cumulative Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enbridge Cumulative's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Enbridge Cumulative Red, and traders can use it to determine the average amount a Enbridge Cumulative'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 = 0.2198
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Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Enbridge Cumulative is performing at about 17% 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 Cumulative by adding it to a well-diversified portfolio.
Enbridge Cumulative Fundamentals Growth
Enbridge Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Enbridge Cumulative, and Enbridge Cumulative 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 Preferred Stock performance.
| Revenue | 53.31 B | ||||
| EBITDA | 12.08 B | ||||
| Total Debt | 72.94 B | ||||
| Cash Flow From Operations | 11.23 B | ||||
| Total Asset | 179.61 B | ||||
About Enbridge Cumulative Performance
By analyzing Enbridge Cumulative's fundamental ratios, stakeholders can gain valuable insights into Enbridge Cumulative's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Enbridge Cumulative has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Enbridge Cumulative has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Enbridge Cumulative Red performance evaluation
Checking the ongoing alerts about Enbridge Cumulative for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Enbridge Cumulative Red help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Enbridge Cumulative's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Enbridge Cumulative's preferred stock performance include:- Analyzing Enbridge Cumulative'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 Cumulative's stock is overvalued or undervalued compared to its peers.
- Examining Enbridge Cumulative'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 Cumulative's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enbridge Cumulative's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enbridge Cumulative's preferred stock. These opinions can provide insight into Enbridge Cumulative's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Enbridge Preferred Stock analysis
When running Enbridge Cumulative's price analysis, check to measure Enbridge Cumulative'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 Cumulative is operating at the current time. Most of Enbridge Cumulative's value examination focuses on studying past and present price action to predict the probability of Enbridge Cumulative'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 Cumulative's price. Additionally, you may evaluate how the addition of Enbridge Cumulative to your portfolios can decrease your overall portfolio volatility.
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