Saudi Enaya (Saudi Arabia) Today

8311 Stock  SAR 13.94  0.28  2.05%   


8 of 100


Odds Of Distress

Less than 17

Saudi Enaya is selling at 13.94 as of the 5th of December 2023; that is 2.05 percent up since the beginning of the trading day. The stock's lowest day price was 13.94. Saudi Enaya has less than a 17 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Saudi Enaya Cooperative are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of November 2023 and ending today, the 5th of December 2023. Click here to learn more.
Saudi Enaya Cooperative Insurance Company provides health insurance services in the Kingdom of Saudi Arabia. Saudi Enaya Cooperative Insurance Company was founded in 2011 and is headquartered in Jeddah, the Kingdom of Saudi Arabia. Saudi Enaya is traded on Commodity Exchange in Exotistan.. The company has 23 M outstanding shares. More on Saudi Enaya Cooperative

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 Enaya's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Saudi Enaya 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 Enaya's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Saudi Enaya Cooperative (8311) is traded on Saudi Arabia Exchange in Saudi Arabia and employs 2 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 239.2 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Saudi Enaya's market, we take the total number of its shares issued and multiply it by Saudi Enaya'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 Enaya Cooperative operates under Financial Services sector and is part of Insurance—Reinsurance industry. The entity has 23 M outstanding shares. Saudi Enaya Cooperative has accumulated about 211.16 M in cash with 10.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 21.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Saudi Enaya Probability Of Bankruptcy
Saudi Enaya maintains a total of 23 Million outstanding shares. Saudi Enaya Cooperative maintains 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's 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. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check Saudi Ownership Details

Saudi Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Saudi Enaya jumping above the current price in 90 days from now is near 1%. The Saudi Enaya Cooperative probability density function shows the probability of Saudi Enaya stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Saudi Enaya has a beta of 0.1199. This suggests as returns on the market go up, Saudi Enaya average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Saudi Enaya Cooperative will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1846, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 13.94HorizonTargetOdds Above 13.94
99.76%90 days
Based on a normal probability distribution, the odds of Saudi Enaya to move above the current price in 90 days from now is near 1 (This Saudi Enaya Cooperative probability density function shows the probability of Saudi Stock to fall within a particular range of prices over 90 days) .

Saudi Enaya Historical Income Statement

Saudi Enaya Cooperative 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 Enaya Cooperative revenue and expense. Saudi Enaya Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Saudi Enaya's Direct Expenses is relatively stable as compared to the past year. As of 12/05/2023, Revenues is likely to grow to about 113.3 M, while Net Income is likely to drop (131.7 M). View More Fundamentals

Saudi Stock Against Markets

Picking the right benchmark for Saudi Enaya 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 Enaya 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 Enaya is critical whether you are bullish or bearish towards Saudi Enaya Cooperative at a given time. Please also check how Saudi Enaya'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 Enaya 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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How to buy Saudi Stock?

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

The danger of trading Saudi Enaya Cooperative 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 Enaya 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 Enaya. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Saudi Enaya Cooperative 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 Enaya Cooperative. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Saudi Stock analysis

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