Enbridge Stock Price Prediction

ENB Stock  USD 42.90  0.20  0.47%   
The value of relative strength index of Enbridge's the stock price is about 68 suggesting that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Enbridge, making its price go up or down.

Oversold Vs Overbought

68

 
Oversold
 
Overbought
The successful prediction of Enbridge's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Enbridge, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Enbridge's stock price prediction:
Quarterly Earnings Growth
1.271
EPS Estimate Next Quarter
0.52
EPS Estimate Current Year
2.7912
EPS Estimate Next Year
3.0412
Wall Street Target Price
61.9702
Using Enbridge hype-based prediction, you can estimate the value of Enbridge from the perspective of Enbridge response to recently generated media hype and the effects of current headlines on its competitors.

Enbridge Hype to Price Pattern

Investor biases related to Enbridge's public news can be used to forecast risks associated with an investment in Enbridge. The trend in average sentiment can be used to explain how an investor holding Enbridge can time the market purely based on public headlines and social activities around Enbridge. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Enbridge's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Enbridge.
The fear of missing out, i.e., FOMO, can cause potential investors in Enbridge to buy its stock at a price that has no basis in reality. In that case, they are not buying Enbridge because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Enbridge after-hype prediction price

    
  USD 42.94  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Enbridge Basic Forecasting Models to cross-verify your projections.
For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.
Intrinsic
Valuation
LowRealHigh
40.5041.2647.19
Details
22 Analysts
Consensus
LowTargetHigh
35.8939.4443.78
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.680.520.71
Details

Enbridge After-Hype Price Prediction Density Analysis

As far as predicting the price of Enbridge at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Enbridge or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Enbridge, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Enbridge Estimiated After-Hype Price Volatility

In the context of predicting Enbridge's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Enbridge's historical news coverage. Enbridge's after-hype downside and upside margins for the prediction period are 42.18 and 43.70, respectively. We have considered Enbridge's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
42.90
42.94
After-hype Price
43.70
Upside
Enbridge is very steady at this time. Analysis and calculation of next after-hype price of Enbridge is based on 3 months time horizon.

Enbridge Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Enbridge is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Enbridge backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Enbridge, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.13 
0.76
  0.04 
  0.01 
11 Events / Month
5 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
42.90
42.94
0.09 
281.48  
Notes

Enbridge Hype Timeline

On the 28th of November Enbridge is traded for 42.90. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of 0.01. Enbridge is estimated to increase in value after the next headline, with the price projected to jump to 42.94 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.09%, whereas the daily expected return is currently at 0.13%. The volatility of related hype on Enbridge is about 844.44%, with the expected price after the next announcement by competition of 42.91. The company reported the last year's revenue of 43.65 B. Total Income to common stockholders was 6.06 B with profit before taxes, overhead, and interest of 20.72 B. Considering the 90-day investment horizon the next estimated press release will be in about 11 days.
Check out Enbridge Basic Forecasting Models to cross-verify your projections.
For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.

Enbridge Related Hype Analysis

Having access to credible news sources related to Enbridge's direct competition is more important than ever and may enhance your ability to predict Enbridge's future price movements. Getting to know how Enbridge's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Enbridge may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
ETEnergy Transfer LP(0.26)8 per month 0.00  0.22  2.16 (1.01) 4.30 
MMPMagellan Midstream Partners 0.57 1 per month 0.71  0.08  1.95 (1.58) 15.46 
KMIKinder Morgan 0.43 10 per month 0.42  0.23  1.93 (1.40) 8.88 
MPLXMPLX LP(0.18)12 per month 0.00  0.20  2.22 (0.83) 3.38 
PBAPembina Pipeline Corp(1.41)9 per month 1.07 (0.07) 1.49 (1.01) 5.74 
WMBWilliams Companies(0.28)8 per month 0.74  0.22  2.32 (1.67) 6.75 
EPDEnterprise Products Partners(0.03)8 per month 0.36  0.10  1.45 (1.07) 3.75 
OKEONEOK Inc 1.88 12 per month 1.52  0.16  2.90 (2.58) 8.37 

Enbridge Additional Predictive Modules

Most predictive techniques to examine Enbridge price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Enbridge using various technical indicators. When you analyze Enbridge charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Enbridge Predictive Indicators

The successful prediction of Enbridge stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Enbridge, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Enbridge based on analysis of Enbridge hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Enbridge's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Enbridge's related companies.
 2021 2022 2023 2024 (projected)
Dividend Yield0.07140.06820.07780.0817
Price To Sales Ratio2.122.012.252.67

Story Coverage note for Enbridge

The number of cover stories for Enbridge depends on current market conditions and Enbridge's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Enbridge is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Enbridge's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Enbridge Short Properties

Enbridge's future price predictability will typically decrease when Enbridge's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Enbridge often depends not only on the future outlook of the potential Enbridge's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Enbridge's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding2.1 B
Cash And Short Term Investments5.9 B

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.
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