Enbridge Pref 3 Preferred Stock Performance
| ENB-PY Preferred Stock | CAD 18.60 0.02 0.11% |
Enbridge Pref has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0488, which means not very significant fluctuations relative to the market. As returns on the market increase, Enbridge Pref's returns are expected to increase less than the market. However, during the bear market, the loss of holding Enbridge Pref is expected to be smaller as well. Enbridge Pref 3 right now shows a risk of 0.6%. Please confirm Enbridge Pref 3 information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to decide if Enbridge Pref 3 will be following its price patterns.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Enbridge Pref 3 are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong fundamental drivers, Enbridge Pref is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 320 M |
Enbridge |
Enbridge Pref Relative Risk vs. Return Landscape
If you would invest 1,806 in Enbridge Pref 3 on September 29, 2024 and sell it today you would earn a total of 54.00 from holding Enbridge Pref 3 or generate 2.99% return on investment over 90 days. Enbridge Pref 3 is generating 0.0493% of daily returns and assumes 0.6039% volatility on return distribution over the 90 days horizon. Simply put, 5% of preferred stocks are less volatile than Enbridge, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Enbridge Pref Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enbridge Pref's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Enbridge Pref 3, and traders can use it to determine the average amount a Enbridge Pref'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 = 0.0817
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ENB-PY |
Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Enbridge Pref is performing at about 6% 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 Pref by adding it to a well-diversified portfolio.
Enbridge Pref Fundamentals Growth
Enbridge Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Enbridge Pref, and Enbridge Pref 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.
| Return On Equity | 0.0464 | ||||
| Return On Asset | 0.0302 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 117.58 B | ||||
| Shares Outstanding | 1.72 B | ||||
| Price To Earning | 5.28 X | ||||
| Price To Sales | 1.83 X | ||||
| Revenue | 53.31 B | ||||
| EBITDA | 12.08 B | ||||
| Cash And Equivalents | 710 M | ||||
| Cash Per Share | 0.35 X | ||||
| Total Debt | 72.94 B | ||||
| Debt To Equity | 92.20 % | ||||
| Book Value Per Share | 26.21 X | ||||
| Cash Flow From Operations | 11.23 B | ||||
| Earnings Per Share | 2.88 X | ||||
| Total Asset | 179.61 B | ||||
About Enbridge Pref Performance
By analyzing Enbridge Pref's fundamental ratios, stakeholders can gain valuable insights into Enbridge Pref's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Enbridge Pref 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 Pref has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Enbridge Inc. operates as an energy infrastructure company in Canada and the United States. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. ENBRIDGE INC operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 12000 people.Things to note about Enbridge Pref 3 performance evaluation
Checking the ongoing alerts about Enbridge Pref for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Enbridge Pref 3 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Enbridge Pref 3 has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Enbridge Pref 3 has accumulated 72.94 B in total debt with debt to equity ratio (D/E) of 92.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Enbridge Pref 3 has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Enbridge Pref until it has trouble settling it off, either with new capital or with free cash flow. So, Enbridge Pref's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enbridge Pref 3 sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enbridge to invest in growth at high rates of return. When we think about Enbridge Pref's use of debt, we should always consider it together with cash and equity. |
- Analyzing Enbridge Pref'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 Pref's stock is overvalued or undervalued compared to its peers.
- Examining Enbridge Pref'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 Pref's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enbridge Pref's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enbridge Pref's preferred stock. These opinions can provide insight into Enbridge Pref's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary 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.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Stocks Directory Find actively traded stocks across global markets |