Enbridge Inc. stock falls Friday, still outperforms market - MarketWatch
| EBBNF Stock | USD 22.70 0.16 0.71% |
Roughly 52% of Enbridge's investor base is interested to short. The analysis of overall sentiment of trading Enbridge pink sheet suggests that many investors are impartial at this time. The current market sentiment, together with Enbridge's historical and current headlines, can help investors time the market. In addition, many technical investors use Enbridge stock news signals to limit their universe of possible portfolio assets.
Enbridge pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Enbridge daily returns and investor perception about the current price of Enbridge as well as its diversification or hedging effects on your existing portfolios.
Enbridge |
Enbridge Inc. stock falls Friday, still outperforms market MarketWatch
Read at news.google.com
 |
Enbridge Fundamental Analysis
We analyze Enbridge's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enbridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enbridge based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Enbridge is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Enbridge Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Enbridge pink sheet to make a market-neutral strategy. Peer analysis of Enbridge could also be used in its relative valuation, which is a method of valuing Enbridge by comparing valuation metrics with similar companies.
Peers
Enbridge Related Equities
| GLOP-PB | GasLog Partners | 0.87 | ||||
| NGL-PC | NGL Energy | 0.60 | ||||
| EPD | Enterprise Products | 0.42 | ||||
| MPLX | MPLX LP | 0.36 | ||||
| KMI | Kinder Morgan | 0.15 | ||||
| GLOP-PC | GasLog Partners | 0.04 | ||||
| OKE | ONEOK | 0.38 |
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.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |