Saudi Kayan (Saudi Arabia) Today

2350 Stock  SAR 11.10  0.14  1.25%   


0 of 100

Very Weak

Odds Of Distress

Over 64

Quite High
Saudi Kayan is selling at 11.10 as of the 6th of December 2023; that is -1.25 percent decrease since the beginning of the trading day. The stock's lowest day price was 11.08. Saudi Kayan has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Saudi Kayan Petrochemical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of December 2021 and ending today, the 6th of December 2023. Click here to learn more.
Saudi Kayan Petrochemical Company manufactures chemicals, polymers, and specialty products. The company was founded in 2007 and is headquartered in Jubail, Saudi Arabia. Saudi Kayan is traded on Commodity Exchange in Exotistan. The company has 1.5 B outstanding shares. More on Saudi Kayan Petrochemical

Moving together with Saudi Stock

+0.684162Almunajem FoodsPairCorr
+0.774164Nahdi MedicalPairCorr

Moving against Saudi Stock

-0.79529Raoom TradingPairCorr
-0.549544Future Care TradingPairCorr

Saudi 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. Saudi Kayan's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Saudi Kayan or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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 Saudi Kayan's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Saudi Kayan Petrochemical (2350) is traded on Saudi Arabia Exchange in Saudi Arabia and employs 4 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 19.2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Saudi Kayan's market, we take the total number of its shares issued and multiply it by Saudi Kayan'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. Saudi Kayan Petrochemical operates under Basic Materials sector and is part of Chemicals industry. The entity has 1.5 B outstanding shares. Saudi Kayan Petrochemical has accumulated about 97.17 M in cash with 4.03 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79.
Check Saudi Kayan Probability Of Bankruptcy
Saudi Kayan Petrochemical shows a total of one billion five hundred million outstanding shares. About 91.0 % of Saudi Kayan outstanding shares are held by general public with 3.0 (%) owned by insiders and only 5.6 % by institutional holders. Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation

Check Saudi Ownership Details

Saudi Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Saudi Kayan jumping above the current price in 90 days from now is about 82.12%. The Saudi Kayan Petrochemical probability density function shows the probability of Saudi Kayan stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Saudi Kayan Petrochemical has a beta of -0.4031. This suggests as returns on benchmark increase, returns on holding Saudi Kayan are expected to decrease at a much lower rate. During the bear market, however, Saudi Kayan Petrochemical is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Saudi Kayan Petrochemical is significantly underperforming NYSE Composite.
  Odds Below 11.1HorizonTargetOdds Above 11.1
17.75%90 days
Based on a normal probability distribution, the odds of Saudi Kayan to move above the current price in 90 days from now is about 82.12 (This Saudi Kayan Petrochemical probability density function shows the probability of Saudi Stock to fall within a particular range of prices over 90 days) .

Saudi Kayan Historical Income Statement

Saudi Kayan Petrochemical Income Statement is one of the three primary financial statements used for reporting Saudi's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Saudi Kayan Petrochemical revenue and expense. Saudi Kayan Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of 12/06/2023, Operating Income is likely to grow to about 440.7 M, while Direct Expenses is likely to drop slightly above 7.4 B. View More Fundamentals

Saudi Stock Against Markets

Picking the right benchmark for Saudi Kayan 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 Saudi Kayan 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 Saudi Kayan is critical whether you are bullish or bearish towards Saudi Kayan Petrochemical at a given time. Please also check how Saudi Kayan'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 Saudi Kayan 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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Saudi Kayan Corporate Management

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

How to buy Saudi Stock?

Before investing in Saudi Kayan, 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 Saudi Kayan. To buy Saudi Kayan stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Saudi Kayan. 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 Saudi Kayan stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Saudi Kayan Petrochemical 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 Saudi Kayan Petrochemical stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Saudi Kayan Petrochemical, 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 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 Saudi Kayan Petrochemical?

The danger of trading Saudi Kayan Petrochemical 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 Saudi Kayan 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 Saudi Kayan. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Saudi Kayan Petrochemical 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Saudi Kayan Petrochemical. 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.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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