National (Saudi Arabia) Today

2150 Stock  SAR 34.75  0.50  1.46%   
Market Performance
0 of 100
Odds Of Distress
Less than 23
National is selling at 34.75 as of the 6th of February 2023; that is 1.46 percent increase since the beginning of the trading day. The stock's lowest day price was 34.4. National has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for The National are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of January 2023 and ending today, the 6th of February 2023. Click here to learn more.
Fiscal Year End
December
Category
Consumer Cyclical
ISIN
SA0007879329
The National Company for Glass Industries produces and sells glass containers for soft drinks and fruit juices. The National Company for Glass Industries is based in Riyadh, Saudi Arabia. National operates under Packaging Containers classification in Exotistan and is traded on Commodity Exchange.. The company has 32.9 M outstanding shares. More on The National

Moving together with National

+0.889526Jahez InternationalPairCorr
+0.617202Arabian Internet AndPairCorr
+0.884164Nahdi MedicalPairCorr
Follow Valuation Odds of Bankruptcy
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National 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. National's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding National or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
National generated a negative expected return over the last 90 days
The National has accumulated about 13.67 K in cash with (68.64 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.97.
Roughly 23.0% of the company shares are owned by insiders or employees
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 National's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
The National (2150) is traded on Saudi Arabia Exchange in Saudi Arabia and employs 5 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate National's market, we take the total number of its shares issued and multiply it by National'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. National operates under Consumer Cyclical sector and is part of Packaging & Containers industry. The entity has 32.9 M outstanding shares. The National has accumulated about 13.67 K in cash with (68.64 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.97.
Check National Probability Of Bankruptcy
Ownership
National maintains a total of thirty-two million nine hundred thousand outstanding shares. The National holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation

Check National Ownership Details

National Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of National jumping above the current price in 90 days from now is about 56.9%. The The National probability density function shows the probability of National stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon National has a beta of 0.0464. This suggests as returns on the market go up, National average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The National 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. National is significantly underperforming NYSE Composite.
  Odds Below 34.75HorizonTargetOdds Above 34.75
42.91%90 days
 34.75 
56.90%
Based on a normal probability distribution, the odds of National to move above the current price in 90 days from now is about 56.9 (This The National probability density function shows the probability of National Stock to fall within a particular range of prices over 90 days) .

National Risk Profiles

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

National Stock Against Markets

Picking the right benchmark for National 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 National 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 National is critical whether you are bullish or bearish towards The National at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in National 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.

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National Corporate Management

Elected by the shareholders, the National's board of directors comprises two types of representatives: National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of National. The board's role is to monitor National's management team and ensure that shareholders' interests are well served. National'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, National's outside directors are responsible for providing unbiased perspectives on the board's policies.

Invested in The National?

The danger of trading The National 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 National 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 National. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile National 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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