Closing Bell Enbridge Inc Pref Ser N down on Monday - The Globe and Mail
| ENB-PFV Preferred Stock | USD 23.95 0.05 0.21% |
Slightly above 54% of Enbridge Pref's investor base is interested to short. The analysis of current outlook of investing in Enbridge Pref 5 suggests that many traders are impartial regarding Enbridge Pref's prospects. Enbridge Pref's investing sentiment can be driven by a variety of factors including economic data, Enbridge Pref's earnings reports, geopolitical events, and overall market trends.
Enbridge Pref preferred stock 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 Pref 5 as well as its diversification or hedging effects on your existing portfolios.
Enbridge |
Closing Bell Enbridge Inc Pref Ser N down on Monday The Globe and Mail
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Enbridge Pref Fundamental Analysis
We analyze Enbridge Pref's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enbridge Pref using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enbridge Pref 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 Pref 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 Pref 5 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 Pref preferred stock to make a market-neutral strategy. Peer analysis of Enbridge Pref could also be used in its relative valuation, which is a method of valuing Enbridge Pref by comparing valuation metrics with similar companies.
Peers
Enbridge Pref Related Equities
| ROOF | Northstar Clean | 3.57 | ||||
| CVW | CVW CleanTech | 1.16 | ||||
| FTG | Firan Technology | 0.55 | ||||
| UNH | UnitedHealth Group | 0.45 | ||||
| XTC | Exco Technologies | 0.36 | ||||
| XTRA | Xtract One | 1.49 | ||||
| NLH | Nova Leap | 3.85 |
Additional Tools for Enbridge Preferred Stock Analysis
When running Enbridge Pref's price analysis, check to measure Enbridge Pref'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 Pref is operating at the current time. Most of Enbridge Pref's value examination focuses on studying past and present price action to predict the probability of Enbridge Pref'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 Pref's price. Additionally, you may evaluate how the addition of Enbridge Pref to your portfolios can decrease your overall portfolio volatility.