Enerplus Stock Price on March 21, 2017

ERF Stock  CAD 28.20  0.27  0.95%   
Below is the normalized historical share price chart for Enerplus extending back to January 19, 1990. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Enerplus stands at 28.20, as last reported on the 16th of April 2024, with the highest price reaching 28.55 and the lowest price hitting 28.16 during the day.
200 Day MA
22.2887
50 Day MA
24.122
Beta
2.65
 
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Covid
If you're considering investing in Enerplus Stock, it is important to understand the factors that can impact its price. Enerplus appears to be very steady, given 3 months investment horizon. Enerplus secures Sharpe Ratio (or Efficiency) of 0.36, which denotes the company had a 0.36% return per unit of risk over the last 3 months. By reviewing Enerplus' technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize Enerplus' Coefficient Of Variation of 324.63, downside deviation of 1.23, and Mean Deviation of 1.23 to check if our risk estimates are consistent with your expectations.
  
At this time, Enerplus' Total Stockholder Equity is very stable compared to the past year. As of the 16th of April 2024, Liabilities And Stockholders Equity is likely to grow to about 2.9 B, while Common Stock Shares Outstanding is likely to drop about 160.9 M. . At this time, Enerplus' Price To Sales Ratio is very stable compared to the past year. As of the 16th of April 2024, Price To Operating Cash Flows Ratio is likely to grow to 6.41, while Price Earnings Ratio is likely to drop 6.74. Enerplus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3612

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Estimated Market Risk

 1.85
  actual daily
16
84% of assets are more volatile

Expected Return

 0.67
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.36
  actual daily
28
72% of assets perform better
Based on monthly moving average Enerplus is performing at about 28% 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 Enerplus by adding it to a well-diversified portfolio.
Price Book
3.444
Enterprise Value Ebitda
6.2194
Price Sales
3.7875
Shares Float
200.6 M
Dividend Share
0.23

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About Enerplus Stock history

Enerplus investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Enerplus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enerplus will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Enerplus stock prices may prove useful in developing a viable investing in Enerplus
Last ReportedProjected for Next Year
Common Stock Shares Outstanding202.2 M160.9 M
Net Income Applicable To Common Shares1.1 B1.1 B

Enerplus Stock Technical Analysis

Enerplus technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Enerplus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enerplus trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Enerplus Period Price Range

Enerplus April 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Enerplus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enerplus shares will generate the highest return on investment. By undertsting and applying Enerplus stock market strength indicators, traders can identify Enerplus entry and exit signals to maximize returns

Enerplus Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Enerplus' price direction in advance. Along with the technical and fundamental analysis of Enerplus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enerplus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Enerplus is a strong investment it is important to analyze Enerplus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Enerplus' future performance. For an informed investment choice regarding Enerplus Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerplus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Enerplus Stock, please use our How to Invest in Enerplus guide.
Note that the Enerplus information on this page should be used as a complementary analysis to other Enerplus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Enerplus Stock analysis

When running Enerplus' price analysis, check to measure Enerplus' 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 Enerplus is operating at the current time. Most of Enerplus' value examination focuses on studying past and present price action to predict the probability of Enerplus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerplus' price. Additionally, you may evaluate how the addition of Enerplus to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Enerplus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enerplus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enerplus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.