Enbridge Pref 1 Preferred Stock Today
| ENB-PV Preferred Stock | USD 21.79 0.02 0.09% |
Performance6 of 100
| Odds Of DistressLess than 29
|
Enbridge Pref is trading at 21.79 as of the 2nd of May 2024, a -0.09% down since the beginning of the trading day. The preferred stock's open price was 21.81. Enbridge Pref has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Enbridge Pref 1 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of April 2024 and ending today, the 2nd of May 2024. Click here to learn more.
Moving together with Enbridge Preferred Stock
| 0.74 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.67 | ENS-PA | E Split Corp | PairCorr |
Moving against Enbridge Preferred Stock
| 0.58 | VMY-H | Voice Mobility Inter | PairCorr |
| 0.53 | SAGE | Sage Potash Corp | PairCorr |
| 0.44 | FLOW | Flow Beverage Corp | PairCorr |
Follow Valuation Odds of Bankruptcy
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Enbridge Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Enbridge Pref's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Enbridge Pref or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) |
Enbridge Pref 1 (ENB-PV) is traded on Toronto Exchange in Canada and employs 11,100 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 64.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enbridge Pref's market, we take the total number of its shares issued and multiply it by Enbridge Pref's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Enbridge Pref 1 operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 1.72 B outstanding shares of which 90.4 K shares are currently shorted by private and institutional investors with about 14.4 days to cover all short positions.
Enbridge Pref generates positive cash flow from operations, but has no cash available
Check Enbridge Pref Probability Of Bankruptcy
Ownership AllocationEnbridge Pref holds a total of 1.72 Billion outstanding shares. Roughly 87.0 percent of Enbridge Pref outstanding shares are held by general public with 13.16 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Enbridge Ownership Details
Enbridge Stock Price Odds Analysis
What are Enbridge Pref's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Enbridge Pref jumping above the current price in 90 days from now is about 26.6%. The Enbridge Pref 1 probability density function shows the probability of Enbridge Pref preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Enbridge Pref 1 has a beta of -0.0293 suggesting as returns on the benchmark increase, returns on holding Enbridge Pref are expected to decrease at a much lower rate. During a bear market, however, Enbridge Pref 1 is likely to outperform the market. Additionally, enbridge Pref 1 has an alpha of 0.0583, implying that it can generate a 0.0583 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Enbridge Pref to move above the current price in 90 days from now is about 26.6 (This Enbridge Pref 1 probability density function shows the probability of Enbridge Preferred Stock to fall within a particular range of prices over 90 days) .
Enbridge Pref 1 Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Enbridge Pref market risk premium is the additional return an investor will receive from holding Enbridge Pref long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Enbridge Pref. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Enbridge Pref's alpha and beta are two of the key measurements used to evaluate Enbridge Pref's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3913 | |||
| Semi Deviation | 0.3616 | |||
| Standard Deviation | 0.5519 | |||
| Variance | 0.3046 |
Enbridge Stock Against Markets
Picking the right benchmark for Enbridge Pref preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Enbridge Pref preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Enbridge Pref is critical whether you are bullish or bearish towards Enbridge Pref 1 at a given time. Please also check how Enbridge Pref's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Enbridge Pref without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Enbridge Pref Corporate Management
Elected by the shareholders, the Enbridge Pref's board of directors comprises two types of representatives: Enbridge Pref inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Enbridge. The board's role is to monitor Enbridge Pref's management team and ensure that shareholders' interests are well served. Enbridge Pref's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Enbridge Pref's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jonathan Morgan | VP Relations | Profile | |
| Colin Gruending | Ex Pipelines | Profile | |
| Bhushan Ivaturi | VP Officer | Profile | |
| Tyler Robinson | VP Officer | Profile | |
| David Bryson | VP Midstream | Profile | |
| Cynthia Hansen | Ex Midstream | Profile | |
| QC LLB | Ex Officer | Profile |
How to buy Enbridge Preferred Stock?
Before investing in Enbridge Pref, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Enbridge Pref. To buy Enbridge Pref preferred stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Enbridge Pref. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Enbridge Pref preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Enbridge Pref 1 preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Enbridge Pref 1 preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Enbridge Pref 1, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Enbridge Pref 1?
The danger of trading Enbridge Pref 1 is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Enbridge Pref is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Enbridge Pref. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Enbridge Pref 1 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge Pref 1. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.
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