Rabigh Refining (Saudi Arabia) Today

2380 Stock  SAR 10.90  0.20  1.87%   


6 of 100


Odds Of Distress

Less than 1

Very Small
Rabigh Refining is selling at 10.90 as of the 4th of December 2023; that is 1.87 percent up since the beginning of the trading day. The stock's lowest day price was 10.5. Rabigh Refining has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Rabigh Refining Petrochemical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of November 2023 and ending today, the 4th of December 2023. Click here to learn more.
Rabigh Refining and Petrochemical Company engages in the development, construction, and operation of an integrated refining and petrochemical complex in the Middle East, the Asia Pacific, and internationally. The company was founded in 2005 and is based in Rabigh, the Kingdom of Saudi Arabia. The company has 1.67 B outstanding shares. More on Rabigh Refining Petrochemical

Moving together with Rabigh Stock

+0.634081Nayifat FinancePairCorr

Moving against Rabigh Stock

-0.449529Raoom TradingPairCorr

Rabigh 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. Rabigh Refining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Rabigh Refining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaSynthetics (View all Themes)
Business ConcentrationSynthetics (View all Sectors)
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 Rabigh Refining's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Rabigh Refining Petrochemical (2380) is traded on Saudi Arabia Exchange in Saudi Arabia and employs 5 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 18.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rabigh Refining's market, we take the total number of its shares issued and multiply it by Rabigh Refining'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. Rabigh Refining Petr operates under Energy sector and is part of Oil & Gas Integrated industry. The entity has 1.67 B outstanding shares. Rabigh Refining Petrochemical has accumulated about 675.36 M in cash with 5.3 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.77.
Check Rabigh Refining Probability Of Bankruptcy
Rabigh Refining owns a total of one billion six hundred seventy-one million sixty-four outstanding shares. Rabigh Refining holds 7.0 pct. of its outstanding shares held by insiders and 2.46 pct. owned by third-party entities. Please note that no matter how much assets the company maintains, 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 Rabigh Ownership Details

Rabigh Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Rabigh Refining jumping above the current price in 90 days from now is roughly 2.46%. The Rabigh Refining Petrochemical probability density function shows the probability of Rabigh Refining stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Rabigh Refining has a beta of 0.0705. This suggests as returns on the market go up, Rabigh Refining average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Rabigh Refining Petrochemical will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0894, implying that it can generate a 0.0894 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.9HorizonTargetOdds Above 10.9
97.48%90 days
Based on a normal probability distribution, the odds of Rabigh Refining to move above the current price in 90 days from now is roughly 2.46 (This Rabigh Refining Petrochemical probability density function shows the probability of Rabigh Stock to fall within a particular range of prices over 90 days) .

Rabigh Refining Historical Income Statement

Rabigh Refining Petrochemical Income Statement is one of the three primary financial statements used for reporting Rabigh's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Rabigh Refining Petr revenue and expense. Rabigh Refining Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Rabigh Refining's Direct Expenses is relatively stable as compared to the past year. As of 12/04/2023, Operating Income is likely to grow to about 400.9 M, while Net Income is likely to drop (642.2 M). View More Fundamentals

Rabigh Stock Against Markets

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

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

How to buy Rabigh Stock?

Before investing in Rabigh Refining, 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 Rabigh Refining. To buy Rabigh Refining stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Rabigh Refining. 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 Rabigh Refining stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Rabigh Refining 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 Rabigh Refining 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 Rabigh Refining 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 Rabigh Refining Petrochemical?

The danger of trading Rabigh Refining 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 Rabigh Refining 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 Rabigh Refining. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Rabigh Refining Petr 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 Rabigh Refining 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 industry.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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