Takween Advanced (Saudi Arabia) Today

1201 Stock  SAR 9.82  0.04  0.41%   
Market Performance
0 of 100
Odds Of Distress
Less than 39
Takween Advanced is selling at 9.82 as of the 5th of February 2023; that is -0.41 percent decrease since the beginning of the trading day. The stock's lowest day price was 9.82. Takween Advanced has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Takween Advanced Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of January 2023 and ending today, the 5th of February 2023. Click here to learn more.
Fiscal Year End
Consumer Cyclical
Takween Advanced Industries produces and sells plastic packaging products in the Kingdom of Saudi Arabia and the Arab Republic of Egypt. Takween Advanced Industries was founded in 1993 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia. Takween Advanced operates under Rubber Plastics classification in Exotistan and is traded on Commodity Exchange.. The company has 95 M outstanding shares. More on Takween Advanced Industries

Moving together with Takween Advanced

+0.79526Jahez InternationalPairCorr
+0.677202Arabian Internet AndPairCorr
+0.834164Nahdi MedicalPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Takween Advanced 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. Takween Advanced's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Takween Advanced or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Takween Advanced Ind generated a negative expected return over the last 90 days
Takween Advanced Ind has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 128.89 M in total debt with debt to equity ratio (D/E) of 177.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Takween Advanced Ind has a current ratio of 0.65, 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 Takween Advanced until it has trouble settling it off, either with new capital or with free cash flow. So, Takween Advanced'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 Takween Advanced Ind sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Takween to invest in growth at high rates of return. When we think about Takween Advanced's use of debt, we should always consider it together with cash and equity.
About 64.0% of Takween Advanced shares are owned by insiders or employees
MD CEOJameel AlMolhem
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Takween Advanced's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Takween Advanced Industries (1201) is traded on Saudi Arabia Exchange in Saudi Arabia and employs 4 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 932.9 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Takween Advanced's market, we take the total number of its shares issued and multiply it by Takween Advanced'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. Takween Advanced Ind operates under Consumer Cyclical sector and is part of Rubber & Plastics industry. The entity has 95 M outstanding shares. Takween Advanced Industries has accumulated about 45.3 M in cash with 30.14 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48.
Check Takween Advanced Probability Of Bankruptcy
Takween Advanced maintains a total of 95 Million outstanding shares. Takween Advanced Ind has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 64.49 % of Takween Advanced outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation

Check Takween Ownership Details

Takween Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Takween Advanced jumping above the current price in 90 days from now is about 51.76%. The Takween Advanced Industries probability density function shows the probability of Takween Advanced stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Takween Advanced has a beta of 0.0822. This suggests as returns on the market go up, Takween Advanced average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Takween Advanced Industries will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Takween Advanced Ind is significantly underperforming NYSE Composite.
  Odds Below 9.82HorizonTargetOdds Above 9.82
48.05%90 days
Based on a normal probability distribution, the odds of Takween Advanced to move above the current price in 90 days from now is about 51.76 (This Takween Advanced Industries probability density function shows the probability of Takween Stock to fall within a particular range of prices over 90 days) .

Takween Advanced Ind Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Takween Advanced market risk premium is the additional return an investor will receive from holding Takween Advanced 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 Takween Advanced. 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 Takween Advanced's alpha and beta are two of the key measurements used to evaluate Takween Advanced's performance over the market, the standard measures of volatility play an important role as well.

Takween Stock Against Markets

Picking the right benchmark for Takween Advanced 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 Takween Advanced 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 Takween Advanced is critical whether you are bullish or bearish towards Takween Advanced Industries at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Takween Advanced 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?

Run Volatility Analysis Now


Volatility Analysis

Get historical volatility and risk analysis based on latest market data
All  Next Launch Module

Invested in Takween Advanced Industries?

The danger of trading Takween Advanced Industries 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 Takween Advanced 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 Takween Advanced. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Takween Advanced Ind 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.
Please continue to Trending Equities. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for analysis

When running Takween Advanced Ind price analysis, check to measure Takween Advanced'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 Takween Advanced is operating at the current time. Most of Takween Advanced's value examination focuses on studying past and present price action to predict the probability of Takween Advanced's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Takween Advanced's price. Additionally, you may evaluate how the addition of Takween Advanced to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
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
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Please note, there is a significant difference between Takween Advanced's value and its price as these two are different measures arrived at by different means. Investors typically determine Takween Advanced value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Takween Advanced's 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.