Enerplus Stock Performance
| ERF Stock | CAD 26.76 0.13 0.49% |
On a scale of 0 to 100, Enerplus holds a performance score of 25. The firm shows a Beta (market volatility) of 0.7, which means possible diversification benefits within a given portfolio. As returns on the market increase, Enerplus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Enerplus is expected to be smaller as well. Please check Enerplus' maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Enerplus' price patterns will revert.
Risk-Adjusted Performance
25 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Enerplus are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal technical and fundamental indicators, Enerplus displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0132 | Payout Ratio 0.1333 | Last Split Factor 1:6 | Forward Dividend Rate 0.35 | Dividend Date 2024-03-15 |
1 | Enerplus to Release Quarterly Earnings on Thursday - MarketBeat | 02/14/2024 |
2 | Chord Energy signs stock-and-cash deal worth about US3.8B to buy Enerplus - Yahoo Canada Finance | 02/22/2024 |
3 | Theres A Lot To Like About Enerplus Upcoming US0.065 Dividend - Yahoo Finance UK | 02/27/2024 |
4 | Enerplus Co. Shares Bought by American Century Companies Inc. - MarketBeat | 03/22/2024 |
5 | Capital One Financial Weighs in on Enerplus Co.s FY2024 Earnings - Defense World | 04/05/2024 |
6 | Enerplus Is Up 3.51 percent in One Week What You Should Know - Yahoo Finance | 04/09/2024 |
7 | Closing Bell Enerplus Corp down on Wednesday - The Globe and Mail | 04/17/2024 |
8 | Closing Bell Enerplus Corp up on Monday - The Globe and Mail | 04/22/2024 |
9 | Enerplus To Report First Quarter 2024 Results May 8 - Barchart | 04/26/2024 |
| Begin Period Cash Flow | 42.2 M |
Enerplus |
Enerplus Relative Risk vs. Return Landscape
If you would invest 1,871 in Enerplus on February 3, 2024 and sell it today you would earn a total of 805.00 from holding Enerplus or generate 43.03% return on investment over 90 days. Enerplus is generating 0.5852% of daily returns assuming 1.8085% volatility of returns over the 90 days investment horizon. Simply put, 16% of all stocks have less volatile historical return distribution than Enerplus, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Enerplus Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enerplus' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Enerplus, and traders can use it to determine the average amount a Enerplus' 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 = 0.3236
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Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average Enerplus is performing at about 25% 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.
Enerplus Fundamentals Growth
Enerplus Stock prices reflect investors' perceptions of the future prospects and financial health of Enerplus, and Enerplus 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 Enerplus Stock performance.
| Return On Equity | 0.4 | ||||
| Return On Asset | 0.18 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.34 % | ||||
| Current Valuation | 5.54 B | ||||
| Shares Outstanding | 204.25 M | ||||
| Price To Earning | 3.98 X | ||||
| Price To Book | 3.44 X | ||||
| Price To Sales | 3.79 X | ||||
| Revenue | 1.69 B | ||||
| Gross Profit | 1.67 B | ||||
| EBITDA | 958.28 M | ||||
| Net Income | 456.08 M | ||||
| Cash And Equivalents | 38 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 80.6 M | ||||
| Debt To Equity | 0.63 % | ||||
| Current Ratio | 0.55 X | ||||
| Book Value Per Share | 6.07 X | ||||
| Cash Flow From Operations | 956.83 M | ||||
| Earnings Per Share | 2.86 X | ||||
| Market Capitalization | 5.44 B | ||||
| Total Asset | 2.07 B | ||||
| Retained Earnings | (1.21 B) | ||||
| Working Capital | (95.07 M) | ||||
| Current Asset | 221.04 M | ||||
| Current Liabilities | 250.25 M | ||||
About Enerplus Performance
To evaluate Enerplus Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Enerplus generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Enerplus Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Enerplus market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Enerplus's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.10 | 1.05 | |
| Return On Tangible Assets | 0.22 | 0.23 | |
| Return On Capital Employed | 0.37 | 0.39 | |
| Return On Assets | 0.22 | 0.23 | |
| Return On Equity | 0.37 | 0.39 |
Things to note about Enerplus performance evaluation
Checking the ongoing alerts about Enerplus for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Enerplus help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company has accumulated 80.6 M in total debt with debt to equity ratio (D/E) of 0.63, which is about average as compared to similar companies. Enerplus has a current ratio of 0.54, 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 Enerplus until it has trouble settling it off, either with new capital or with free cash flow. So, Enerplus' 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 Enerplus sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enerplus to invest in growth at high rates of return. When we think about Enerplus' use of debt, we should always consider it together with cash and equity. | |
| About 62.0% of Enerplus shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Enerplus To Report First Quarter 2024 Results May 8 - Barchart |
- Analyzing Enerplus' 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 Enerplus' stock is overvalued or undervalued compared to its peers.
- Examining Enerplus' 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 Enerplus' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enerplus' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enerplus' stock. These opinions can provide insight into Enerplus' potential for growth and whether the stock is currently undervalued or overvalued.
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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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