Saudi Electricity is selling at 18.06 as of the 3rd of December 2023; that is 0.67 percent increase since the beginning of the trading day. The stock's lowest day price was 17.86. Saudi Electricity has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Saudi Electricity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2023 and ending today, the 3rd of December 2023. Click here to learn more.
Saudi Electricity Company engages in the generation, transmission, and distribution of electricity to governmental, industrial, agricultural, commercial, and residential consumers in the Kingdom of Saudi Arabia. The company was incorporated in 2000 and is headquartered in Riyadh, the Kingdom of Saudi Arabia. The company has 4.17 B outstanding shares. More on Saudi Electricity
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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 Electricity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Saudi Electricity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Saudi Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Saudi Electricity jumping above the current price in 90 days from now is about 74.75%. The Saudi Electricity probability density function shows the probability of Saudi Electricity stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Saudi Electricity has a beta of 0.3412. This suggests as returns on the market go up, Saudi Electricity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Saudi Electricity 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. Saudi Electricity is significantly underperforming NYSE Composite.
Saudi Electricity Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Saudi Electricity market risk premium is the additional return an investor will receive from holding Saudi Electricity 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 Saudi Electricity. 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 Saudi Electricity's alpha and beta are two of the key measurements used to evaluate Saudi Electricity's performance over the market, the standard measures of volatility play an important role as well.
Saudi Stock Against Markets
Picking the right benchmark for Saudi Electricity 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 Electricity 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 Electricity is critical whether you are bullish or bearish towards Saudi Electricity at a given time. Please also check how Saudi Electricity's historical prices are related to one of the top price index indicators.
Be your own money managerOur tools can tell you how much better you can do entering a position in Saudi Electricity 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 Electricity Corporate Management
Elected by the shareholders, the Saudi Electricity's board of directors comprises two types of representatives: Saudi Electricity 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 Electricity's management team and ensure that shareholders' interests are well served. Saudi Electricity'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 Electricity's outside directors are responsible for providing unbiased perspectives on the board's policies.
How to buy Saudi Stock?Before investing in Saudi Electricity, 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 Electricity. To buy Saudi Electricity stock, you can follow these steps:
- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Saudi Electricity. 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 Electricity stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Saudi Electricity 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 Electricity 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 Electricity, 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 Electricity?
The danger of trading Saudi Electricity 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 Electricity 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 Electricity. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Saudi Electricity 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 Electricity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Saudi Stock analysis
When running Saudi Electricity's price analysis, check to measure Saudi Electricity'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 Electricity is operating at the current time. Most of Saudi Electricity's value examination focuses on studying past and present price action to predict the probability of Saudi Electricity'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 Electricity's price. Additionally, you may evaluate how the addition of Saudi Electricity to your portfolios can decrease your overall portfolio volatility.