25 XP   0   0   10

Arabian Shield Coop Insurance Co
Buy, Hold or Sell?

Let's analyse Arabian Shield Coop Insurance Co together

PenkeI guess you are interested in Arabian Shield Coop Insurance Co. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Arabian Shield Coop Insurance Co. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Arabian Shield Coop Insurance Co

I send you an email if I find something interesting about Arabian Shield Coop Insurance Co.

Quick analysis of Arabian Shield Coop Insurance Co (30 sec.)










What can you expect buying and holding a share of Arabian Shield Coop Insurance Co? (30 sec.)

How much money do you get?

How much money do you get?
SR0.00
When do you have the money?
1 year
How often do you get paid?
11.1%

What is your share worth?

Current worth
SR19.16
Expected worth in 1 year
SR24.37
How sure are you?
88.9%

+ What do you gain per year?

Total Gains per Share
SR5.21
Return On Investment
24.0%

For what price can you sell your share?

Current Price per Share
SR21.70
Expected price per share
SR19.76 - SR24.40
How sure are you?
50%

1. Valuation of Arabian Shield Coop Insurance Co (5 min.)




Live pricePrice per Share (EOD)

SR21.70

Intrinsic Value Per Share

SR27.37 - SR32.88

Total Value Per Share

SR46.53 - SR52.04

2. Growth of Arabian Shield Coop Insurance Co (5 min.)




Is Arabian Shield Coop Insurance Co growing?

Current yearPrevious yearGrowGrow %
How rich?$407.9m$293.6m$50.9m14.8%

How much money is Arabian Shield Coop Insurance Co making?

Current yearPrevious yearGrowGrow %
Making money$3m$2m$1m32.8%
Net Profit Margin5.2%4.5%--

How much money comes from the company's main activities?

3. Financial Health of Arabian Shield Coop Insurance Co (5 min.)




What can you expect buying and holding a share of Arabian Shield Coop Insurance Co? (5 min.)

Welcome investor! Arabian Shield Coop Insurance Co's management wants to use your money to grow the business. In return you get a share of Arabian Shield Coop Insurance Co.

What can you expect buying and holding a share of Arabian Shield Coop Insurance Co?

First you should know what it really means to hold a share of Arabian Shield Coop Insurance Co. And how you can make/lose money.

Speculation

The Price per Share of Arabian Shield Coop Insurance Co is SR21.70. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Arabian Shield Coop Insurance Co.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Arabian Shield Coop Insurance Co, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is SR19.16. Based on the TTM, the Book Value Change Per Share is SR1.30 per quarter. Based on the YOY, the Book Value Change Per Share is SR1.96 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is SR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Arabian Shield Coop Insurance Co.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 SR% of Price per ShareSR% of Price per ShareSR% of Price per ShareSR% of Price per ShareSR% of Price per Share
Usd Eps0.050.2%0.060.3%0.040.2%0.030.1%0.040.2%
Usd Book Value Change Per Share1.014.7%0.351.6%0.522.4%0.180.8%0.120.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.010.1%
Usd Total Gains Per Share1.014.7%0.351.6%0.522.4%0.180.8%0.140.6%
Usd Price Per Share4.90-3.56-4.87-4.98-6.34-
Price to Earnings Ratio23.93-34.60-73.39-106.97-81.77-
Price-to-Total Gains Ratio4.85-76.42-146.27-568.56-615.92-
Price to Book Ratio0.96-0.82-1.32-2.57-4.71-
Price-to-Total Gains Ratio4.85-76.42-146.27-568.56-615.92-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.78956
Number of shares172
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.350.18
Usd Total Gains Per Share0.350.18
Gains per Quarter (172 shares)59.8131.66
Gains per Year (172 shares)239.24126.64
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
102392290127117
204784680253244
307187070380371
409579460507498
50119611850633625
60143514240760752
70167516630886879
8019141902010131006
9021532141011401133
10023922380012661260

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%35.01.00.097.2%38.02.00.095.0%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%31.02.03.086.1%35.02.03.087.5%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%4.00.032.011.1%4.00.036.010.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%32.01.03.088.9%36.01.03.090.0%

Fundamentals of Arabian Shield Coop Insurance Co

About Arabian Shield Coop Insurance Co

Arabian Shield Cooperative Insurance Company provides various insurance products to companies and individuals in the Kingdom of Saudi Arabia. It offers medical, motor, property, engineering, marine, liability, accident, casualty, protection and saving, travel, and medical malpractice insurance, as well as reinsurance products. The company was founded in 1998 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Fundamental data was last updated by Penke on 2024-03-28 05:10:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Arabian Shield Coop Insurance Co.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Arabian Shield Coop Insurance Co earns for each ﷼1 of revenue.

  • Above 10% is considered healthy but always compare Arabian Shield Coop Insurance Co to the Insurance - Property & Casualty industry mean.
  • A Net Profit Margin of 6.1% means that ﷼0.06 for each ﷼1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Arabian Shield Coop Insurance Co:

  • The MRQ is 6.1%. The company is making a profit. +1
  • The TTM is 5.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.1%TTM5.2%+0.9%
TTM5.2%YOY4.5%+0.7%
TTM5.2%5Y5.6%-0.4%
5Y5.6%10Y7.7%-2.1%
1.1.2. Return on Assets

Shows how efficient Arabian Shield Coop Insurance Co is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Arabian Shield Coop Insurance Co to the Insurance - Property & Casualty industry mean.
  • 0.4% Return on Assets means that Arabian Shield Coop Insurance Co generated ﷼0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Arabian Shield Coop Insurance Co:

  • The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.4%+0.0%
TTM0.4%YOY0.3%+0.1%
TTM0.4%5Y0.5%-0.1%
5Y0.5%10Y0.8%-0.3%
1.1.3. Return on Equity

Shows how efficient Arabian Shield Coop Insurance Co is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Arabian Shield Coop Insurance Co to the Insurance - Property & Casualty industry mean.
  • 1.0% Return on Equity means Arabian Shield Coop Insurance Co generated ﷼0.01 for each ﷼1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Arabian Shield Coop Insurance Co:

  • The MRQ is 1.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.0%TTM0.9%+0.1%
TTM0.9%YOY0.7%+0.2%
TTM0.9%5Y1.2%-0.3%
5Y1.2%10Y2.3%-1.1%

1.2. Operating Efficiency of Arabian Shield Coop Insurance Co.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Arabian Shield Coop Insurance Co is operating .

  • Measures how much profit Arabian Shield Coop Insurance Co makes for each ﷼1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Arabian Shield Coop Insurance Co to the Insurance - Property & Casualty industry mean.
  • An Operating Margin of 0.0% means the company generated ﷼0.00  for each ﷼1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Arabian Shield Coop Insurance Co:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM10.5%-10.5%
TTM10.5%YOY5.4%+5.1%
TTM10.5%5Y7.5%+3.0%
5Y7.5%10Y9.8%-2.3%
1.2.2. Operating Ratio

Measures how efficient Arabian Shield Coop Insurance Co is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
  • An Operation Ratio of 0.92 means that the operating costs are ﷼0.92 for each ﷼1 in net sales.

Let's take a look of the Operating Ratio trends of Arabian Shield Coop Insurance Co:

  • The MRQ is 0.917. The company is less efficient in keeping operating costs low.
  • The TTM is 0.925. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.917TTM0.925-0.008
TTM0.925YOY0.927-0.002
TTM0.9255Y0.989-0.064
5Y0.98910Y0.910+0.079

1.3. Liquidity of Arabian Shield Coop Insurance Co.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Arabian Shield Coop Insurance Co is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
  • A Current Ratio of 0.00 means the company has ﷼0.00 in assets for each ﷼1 in short-term debts.

Let's take a look of the Current Ratio trends of Arabian Shield Coop Insurance Co:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.922-1.922
TTM1.922YOY0.874+1.048
TTM1.9225Y1.293+0.629
5Y1.29310Y1.025+0.268
1.3.2. Quick Ratio

Measures if Arabian Shield Coop Insurance Co is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Arabian Shield Coop Insurance Co to the Insurance - Property & Casualty industry mean.
  • A Quick Ratio of 0.00 means the company can pay off ﷼0.00 for each ﷼1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Arabian Shield Coop Insurance Co:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.283-0.283
TTM0.283YOY0.855-0.572
TTM0.2835Y0.930-0.647
5Y0.93010Y0.584+0.346

1.4. Solvency of Arabian Shield Coop Insurance Co.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Arabian Shield Coop Insurance Co assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Arabian Shield Coop Insurance Co to Insurance - Property & Casualty industry mean.
  • A Debt to Asset Ratio of 0.57 means that Arabian Shield Coop Insurance Co assets are financed with 56.7% credit (debt) and the remaining percentage (100% - 56.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Arabian Shield Coop Insurance Co:

  • The MRQ is 0.567. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.529. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.567TTM0.529+0.039
TTM0.529YOY0.599-0.070
TTM0.5295Y0.598-0.069
5Y0.59810Y0.621-0.023
1.4.2. Debt to Equity Ratio

Measures if Arabian Shield Coop Insurance Co is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Arabian Shield Coop Insurance Co to the Insurance - Property & Casualty industry mean.
  • A Debt to Equity ratio of 131.0% means that company has ﷼1.31 debt for each ﷼1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Arabian Shield Coop Insurance Co:

  • The MRQ is 1.310. The company is able to pay all its debts with equity. +1
  • The TTM is 1.126. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.310TTM1.126+0.184
TTM1.126YOY1.495-0.369
TTM1.1265Y1.515-0.389
5Y1.51510Y1.706-0.191

2. Market Valuation of Arabian Shield Coop Insurance Co

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ﷼1 in earnings Arabian Shield Coop Insurance Co generates.

  • Above 15 is considered overpriced but always compare Arabian Shield Coop Insurance Co to the Insurance - Property & Casualty industry mean.
  • A PE ratio of 23.93 means the investor is paying ﷼23.93 for every ﷼1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Arabian Shield Coop Insurance Co:

  • The EOD is 28.284. Based on the earnings, the company is overpriced. -1
  • The MRQ is 23.931. Based on the earnings, the company is fair priced.
  • The TTM is 34.600. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD28.284MRQ23.931+4.353
MRQ23.931TTM34.600-10.669
TTM34.600YOY73.386-38.787
TTM34.6005Y106.974-72.374
5Y106.97410Y81.768+25.206
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Arabian Shield Coop Insurance Co:

  • The EOD is 5.397. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.566. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -8.132. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD5.397MRQ4.566+0.831
MRQ4.566TTM-8.132+12.699
TTM-8.132YOY-117.529+109.396
TTM-8.1325Y-149.261+141.129
5Y-149.26110Y-84.736-64.526
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Arabian Shield Coop Insurance Co is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
  • A PB ratio of 0.96 means the investor is paying ﷼0.96 for each ﷼1 in book value.

Let's take a look of the Price to Book Ratio trends of Arabian Shield Coop Insurance Co:

  • The EOD is 1.133. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.958. Based on the equity, the company is cheap. +2
  • The TTM is 0.817. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.133MRQ0.958+0.174
MRQ0.958TTM0.817+0.142
TTM0.817YOY1.323-0.506
TTM0.8175Y2.570-1.753
5Y2.57010Y4.709-2.139
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Arabian Shield Coop Insurance Co compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--3.7821.303+190%1.955+93%0.690+448%0.450+740%
Book Value Per Share--19.15716.183+18%13.792+39%9.424+103%7.130+169%
Current Ratio---1.922-100%0.874-100%1.293-100%1.025-100%
Debt To Asset Ratio--0.5670.529+7%0.599-5%0.598-5%0.621-9%
Debt To Equity Ratio--1.3101.126+16%1.495-12%1.515-14%1.706-23%
Dividend Per Share----0%-0%-0%0.056-100%
Eps--0.1920.215-11%0.137+40%0.111+73%0.144+33%
Free Cash Flow Per Share--1.0050.123+719%0.297+239%0.066+1432%0.159+533%
Free Cash Flow To Equity Per Share--1.0050.123+719%0.297+239%0.066+1432%0.131+667%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--32.884--------
Intrinsic Value_10Y_min--27.374--------
Intrinsic Value_1Y_max--0.672--------
Intrinsic Value_1Y_min--0.658--------
Intrinsic Value_3Y_max--4.017--------
Intrinsic Value_3Y_min--3.795--------
Intrinsic Value_5Y_max--9.774--------
Intrinsic Value_5Y_min--8.900--------
Market Cap1731991923.200+15%1465408834.5601065135125.120+38%1455431922.560+1%1489433637.732-2%1896973465.669-23%
Net Profit Margin--0.0610.052+18%0.045+36%0.056+8%0.077-21%
Operating Margin---0.105-100%0.054-100%0.075-100%0.098-100%
Operating Ratio--0.9170.925-1%0.927-1%0.989-7%0.910+1%
Pb Ratio1.133+15%0.9580.817+17%1.323-28%2.570-63%4.709-80%
Pe Ratio28.284+15%23.93134.600-31%73.386-67%106.974-78%81.768-71%
Price Per Share21.700+15%18.36013.345+38%18.235+1%18.661-2%23.767-23%
Price To Free Cash Flow Ratio5.397+15%4.566-8.132+278%-117.529+2674%-149.261+3369%-84.736+1956%
Price To Total Gains Ratio5.737+15%4.85476.425-94%146.267-97%568.561-99%615.920-99%
Quick Ratio---0.283-100%0.855-100%0.930-100%0.584-100%
Return On Assets--0.0040.004+5%0.003+52%0.005-7%0.008-43%
Return On Equity--0.0100.009+14%0.007+44%0.012-15%0.023-56%
Total Gains Per Share--3.7821.303+190%1.955+93%0.690+448%0.506+647%
Usd Book Value--407934798.800344608684.900+18%293687503.700+39%200675407.560+103%151840513.716+169%
Usd Book Value Change Per Share--1.0090.348+190%0.522+93%0.184+448%0.120+740%
Usd Book Value Per Share--5.1114.318+18%3.680+39%2.514+103%1.902+169%
Usd Dividend Per Share----0%-0%-0%0.015-100%
Usd Eps--0.0510.057-11%0.037+40%0.030+73%0.038+33%
Usd Free Cash Flow--21405364.0002614840.100+719%6318090.800+239%1397058.180+1432%3383444.166+533%
Usd Free Cash Flow Per Share--0.2680.033+719%0.079+239%0.018+1432%0.042+533%
Usd Free Cash Flow To Equity Per Share--0.2680.033+719%0.079+239%0.018+1432%0.035+667%
Usd Market Cap462095445.110+15%390971077.061284178051.382+38%388309236.939+1%397380894.547-2%506112520.641-23%
Usd Price Per Share5.790+15%4.8983.560+38%4.865+1%4.979-2%6.341-23%
Usd Profit--4084441.2003056527.500+34%2054426.700+99%2080106.200+96%2528599.861+62%
Usd Revenue--67199449.60060424063.600+11%44658184.600+50%38945329.600+73%37851250.352+78%
Usd Total Gains Per Share--1.0090.348+190%0.522+93%0.184+448%0.135+647%
 EOD+4 -4MRQTTM+22 -11YOY+27 -65Y+23 -1010Y+21 -14

3.2. Fundamental Score

Let's check the fundamental score of Arabian Shield Coop Insurance Co based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1528.284
Price to Book Ratio (EOD)Between0-11.133
Net Profit Margin (MRQ)Greater than00.061
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.567
Debt to Equity Ratio (MRQ)Less than11.310
Return on Equity (MRQ)Greater than0.150.010
Return on Assets (MRQ)Greater than0.050.004
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Arabian Shield Coop Insurance Co based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.753
Ma 20Greater thanMa 5022.471
Ma 50Greater thanMa 10020.884
Ma 100Greater thanMa 20019.438
OpenGreater thanClose21.020
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Interest Income  1,4944441,93818,50420,442-12,1758,267-42,145-33,878



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in SAR. All numbers in thousands.

Summary
Total Assets3,531,551
Total Liabilities2,002,560
Total Stockholder Equity1,528,991
 As reported
Total Liabilities 2,002,560
Total Stockholder Equity+ 1,528,991
Total Assets = 3,531,551

Assets

Total Assets3,531,551
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 160,971
Short-term Investments 301,000
Total Current Assets  (as reported)0
Total Current Assets  (calculated)461,971
+/- 461,971
Long-term Assets
Property Plant Equipment 7,844
Goodwill 368,755
Long Term Investments 1,499,284
Intangible Assets 49,979
Long-term Assets  (as reported)0
Long-term Assets  (calculated)1,925,862
+/- 1,925,862

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity1,528,991
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 160,665
Total Stockholder Equity (as reported)1,528,991
Total Stockholder Equity (calculated)160,665
+/- 1,368,326
Other
Capital Stock798,153
Common Stock Shares Outstanding 79,815
Net Invested Capital 1,528,991
Property Plant and Equipment Gross 66,560



Balance Sheet

Currency in SAR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312012-12-312012-09-302012-06-302012-03-31
> Total Assets 
590,134
609,375
612,150
558,227
0
0
0
836,685
995,287
1,048,443
1,082,505
1,080,456
1,198,930
1,110,426
1,160,549
1,052,794
1,170,775
1,129,265
1,157,339
1,179,492
1,339,886
1,211,794
1,083,700
1,108,633
1,268,919
1,201,688
1,203,071
1,208,565
1,333,934
1,205,036
1,156,917
1,148,622
2,859,147
2,758,052
2,687,864
2,678,635
2,479,754
2,516,106
2,514,493
3,531,551
3,531,5512,514,4932,516,1062,479,7542,678,6352,687,8642,758,0522,859,1471,148,6221,156,9171,205,0361,333,9341,208,5651,203,0711,201,6881,268,9191,108,6331,083,7001,211,7941,339,8861,179,4921,157,3391,129,2651,170,7751,052,7941,160,5491,110,4261,198,9301,080,4561,082,5051,048,443995,287836,685000558,227612,150609,375590,134
   > Total Current Assets 
510,935
529,512
532,233
480,886
0
0
0
0
0
0
0
858,960
947,914
883,979
865,656
796,398
924,968
890,630
908,046
917,232
1,059,921
932,985
798,408
811,990
962,573
901,817
895,570
896,907
985,627
814,658
773,261
742,663
1,100,425
1,074,888
1,341,728
0
0
1,106,835
0
0
001,106,835001,341,7281,074,8881,100,425742,663773,261814,658985,627896,907895,570901,817962,573811,990798,408932,9851,059,921917,232908,046890,630924,968796,398865,656883,979947,914858,9600000000480,886532,233529,512510,935
       Cash And Cash Equivalents 
295,801
321,446
332,049
318,885
0
0
0
0
0
0
0
586,862
379,195
532,592
564,998
549,956
457,241
499,421
472,889
430,566
405,808
406,592
314,118
403,376
0
0
507,305
517,745
479,995
411,949
371,349
365,555
354,324
388,445
55,319
146,094
85,276
129,487
246,822
160,971
160,971246,822129,48785,276146,09455,319388,445354,324365,555371,349411,949479,995517,745507,30500403,376314,118406,592405,808430,566472,889499,421457,241549,956564,998532,592379,195586,8620000000318,885332,049321,446295,801
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
198,901
213,604
214,179
121,234
234,134
0
0
241,853
246,555
280,243
325,088
319,333
325,638
344,254
343,687
339,079
362,178
158,799
163,017
216,554
301,000
301,000216,554163,017158,799362,178339,079343,687344,254325,638319,333325,088280,243246,555241,85300234,134121,234214,179213,604198,9010000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
24,474
139,949
81,250
59,026
23,312
190,167
112,043
176,892
129,482
81,933
59,336
67,557
92,630
158,190
109,372
70,181
70,774
142,337
101,064
99,090
125,928
286,208
163,790
156,778
187,621
0
45
0
0
00450187,621156,778163,790286,208125,92899,090101,064142,33770,77470,181109,372158,19092,63067,55759,33681,933129,482176,892112,043190,16723,31259,02681,250139,94924,47400000000000
       Other Current Assets 
215,134
208,066
200,183
162,001
0
0
0
0
0
0
0
238,926
411,976
257,141
224,312
213,965
256,021
263,343
240,507
287,765
440,509
312,214
260,007
174,480
295,979
272,096
146,412
132,607
225,389
77,621
82,579
220,145
381,770
370,018
360,709
343,207
0
315,493
0
0
00315,4930343,207360,709370,018381,770220,14582,57977,621225,389132,607146,412272,096295,979174,480260,007312,214440,509287,765240,507263,343256,021213,965224,312257,141411,976238,9260000000162,001200,183208,066215,134
   > Long-term Assets 
79,199
79,862
79,917
77,341
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
262,260
279,965
278,809
0
296,643
0
0
307,501
311,658
348,307
390,378
383,656
389,984
1,058,957
1,032,637
0
0
0
0
0
0
0000001,032,6371,058,957389,984383,656390,378348,307311,658307,50100296,6430278,809279,965262,26000000000000000077,34179,91779,86279,199
       Property Plant Equipment 
5,176
5,839
5,894
6,765
0
0
0
8,001
7,548
7,347
8,226
8,551
7,423
7,781
7,859
6,577
4,210
4,612
4,898
4,595
4,222
3,816
2,603
3,507
3,219
3,042
3,232
3,049
2,619
2,540
2,262
2,713
5,850
6,401
5,961
5,978
5,521
5,006
4,920
7,844
7,8444,9205,0065,5215,9785,9616,4015,8502,7132,2622,5402,6193,0493,2323,0423,2193,5072,6033,8164,2224,5954,8984,6124,2106,5777,8597,7817,4238,5518,2267,3477,5488,0010006,7655,8945,8395,176
       Goodwill 
49,100
49,100
49,100
49,100
0
0
0
0
0
0
0
46,794
46,794
46,794
46,794
46,794
46,794
46,794
46,794
46,794
46,794
46,794
46,794
46,794
0
0
46,794
46,794
46,794
46,794
46,794
46,794
399,192
399,192
399,192
364,948
364,948
364,948
364,948
368,755
368,755364,948364,948364,948364,948399,192399,192399,19246,79446,79446,79446,79446,79446,7940046,79446,79446,79446,79446,79446,79446,79446,79446,79446,79446,79446,79446,794000000049,10049,10049,10049,100
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
100,765
102,680
140,703
140,728
140,728
176,710
169,895
179,641
198,901
213,604
214,179
214,352
234,134
0
0
241,853
246,555
280,243
325,088
319,333
325,638
634,564
610,915
608,509
636,612
608,340
571,555
609,425
1,499,284
1,499,284609,425571,555608,340636,612608,509610,915634,564325,638319,333325,088280,243246,555241,85300234,134214,352214,179213,604198,901179,641169,895176,710140,728140,728140,703102,680100,76500000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
23,062
18,575
18,256
16,347
10,545
9,846
10,556
11,679
7,557
7,665
7,614
13,469
8,451
0
0
9,536
10,003
9,708
9,061
10,047
10,667
11,682
11,134
10,662
43,711
43,913
42,364
43,355
49,979
49,97943,35542,36443,91343,71110,66211,13411,68210,66710,0479,0619,70810,0039,536008,45113,4697,6147,6657,55711,67910,5569,84610,54516,34718,25618,57523,06200000000000
> Total Liabilities 
358,466
377,576
378,861
323,595
0
0
0
544,525
697,098
749,914
767,389
719,062
856,329
748,558
776,055
648,008
755,234
710,870
736,902
751,807
911,492
779,709
649,337
670,974
831,050
762,550
746,547
746,661
853,113
720,955
664,992
659,909
1,768,761
1,662,495
1,583,582
1,565,749
1,289,011
1,296,404
1,287,382
2,002,560
2,002,5601,287,3821,296,4041,289,0111,565,7491,583,5821,662,4951,768,761659,909664,992720,955853,113746,661746,547762,550831,050670,974649,337779,709911,492751,807736,902710,870755,234648,008776,055748,558856,329719,062767,389749,914697,098544,525000323,595378,861377,576358,466
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
709,966
846,320
737,757
765,198
624,884
737,223
688,926
707,549
725,978
882,285
755,617
624,910
648,812
809,069
734,900
718,486
707,242
823,805
688,587
634,697
628,618
1,038,922
1,009,290
976,696
0
0
143,957
0
0
00143,95700976,6961,009,2901,038,922628,618634,697688,587823,805707,242718,486734,900809,069648,812624,910755,617882,285725,978707,549688,926737,223624,884765,198737,757846,320709,96600000000000
       Accounts payable 
3,110
3,497
5,375
43,230
0
0
0
0
0
0
0
281,314
308,378
323,157
334,561
297,672
370,359
378,074
355,274
19,461
46,960
45,225
369,344
40,614
398,587
383,119
72,614
60,380
71,899
58,375
44,364
57,738
140,202
124,832
107,906
527,502
0
31,324
0
0
0031,3240527,502107,906124,832140,20257,73844,36458,37571,89960,38072,614383,119398,58740,614369,34445,22546,96019,461355,274378,074370,359297,672334,561323,157308,378281,314000000043,2305,3753,4973,110
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
369,467
498,827
369,999
379,992
251,892
317,750
268,271
309,680
285,694
375,104
305,396
211,775
234,909
356,568
304,671
264,061
281,792
389,483
313,303
266,816
243,847
414,177
355,730
311,949
358,967
0
42,050
0
0
0042,0500358,967311,949355,730414,177243,847266,816313,303389,483281,792264,061304,671356,568234,909211,775305,396375,104285,694309,680268,271317,750251,892379,992369,999498,827369,46700000000000
   > Long-term Liabilities 0000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
20,327
23,476
24,112
26,714
23,124
18,011
21,944
29,353
25,829
29,207
24,092
24,427
22,162
21,981
27,650
28,061
39,419
29,308
32,368
30,295
31,291
729,839
653,205
606,886
0
0
1,152,447
0
0
001,152,44700606,886653,205729,83931,29130,29532,36829,30839,41928,06127,65021,98122,16224,42724,09229,20725,82929,35321,94418,01123,12426,71424,11223,47620,32700000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
2,290
2,864
2,773
2,396
1,606
4,290
3,324
3,629
2,829
9,447
7,182
4,399
4,485
8,354
6,307
3,962
3,606
8,921
6,789
5,655
8,048
10,865
7,537
5,297
0
0
0
0
0
000005,2977,53710,8658,0485,6556,7898,9213,6063,9626,3078,3544,4854,3997,1829,4472,8293,6293,3244,2901,6062,3962,7732,8642,29000000000000
> Total Stockholder Equity
231,669
231,799
233,289
234,632
0
0
0
279,655
284,920
292,667
308,740
350,163
329,134
348,557
368,637
404,786
415,541
418,395
420,437
427,685
428,394
432,085
434,363
437,659
437,869
439,138
456,524
461,904
480,821
484,081
491,925
488,713
1,090,386
1,095,557
1,104,282
1,112,886
1,190,743
1,219,702
1,227,111
1,528,991
1,528,9911,227,1111,219,7021,190,7431,112,8861,104,2821,095,5571,090,386488,713491,925484,081480,821461,904456,524439,138437,869437,659434,363432,085428,394427,685420,437418,395415,541404,786368,637348,557329,134350,163308,740292,667284,920279,655000234,632233,289231,799231,669
   Common Stock
200,000
200,000
200,000
200,000
0
0
0
0
0
0
0
200,000
200,000
200,000
200,000
200,000
200,000
300,000
300,000
300,000
300,000
300,000
300,000
300,000
300,000
300,000
300,000
300,000
300,000
400,000
400,000
400,000
638,525
638,525
638,525
0
0
638,525
0
0
00638,52500638,525638,525638,525400,000400,000400,000300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000200,000200,000200,000200,000200,000200,0000000000200,000200,000200,000200,000
   Retained Earnings 
25,553
25,683
27,173
27,706
0
0
0
0
0
0
0
150,163
127,486
146,681
166,716
202,866
212,646
116,362
118,408
92,327
93,585
95,618
129,722
98,138
138,613
143,263
122,201
123,464
135,110
59,941
68,457
64,386
66,956
71,144
83,394
86,722
123,079
179,501
154,192
160,665
160,665154,192179,501123,07986,72283,39471,14466,95664,38668,45759,941135,110123,464122,201143,263138,61398,138129,72295,61893,58592,327118,408116,362212,646202,866166,716146,681127,486150,163000000027,70627,17325,68325,553
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
355,879
355,879
0
0
0
0
0
0
000000355,879355,87900000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000
   Other Stockholders Equity 
6,116
6,116
6,116
6,926
0
0
0
279,655
284,920
292,667
308,740
350,163
329,134
348,557
368,637
404,786
415,541
418,395
420,437
35,358
34,809
36,467
434,363
39,521
437,869
439,138
34,323
38,440
45,711
24,140
23,468
24,327
384,905
385,888
382,363
0
0
45,797
0
0
0045,79700382,363385,888384,90524,32723,46824,14045,71138,44034,323439,138437,86939,521434,36336,46734,80935,358420,437418,395415,541404,786368,637348,557329,134350,163308,740292,667284,920279,6550006,9266,1166,1166,116



Balance Sheet

Currency in SAR. All numbers in thousands.




Cash Flow

Currency in SAR. All numbers in thousands.




Income Statement

Currency in SAR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue869,894
Cost of Revenue-0
Gross Profit0869,894
 
Operating Income (+$)
Gross Profit0
Operating Expense-804,758
Operating Income0-804,758
 
Operating Expense (+$)
Research Development0
Selling General Administrative4,445
Selling And Marketing Expenses0
Operating Expense804,7584,445
 
Net Interest Income (+$)
Interest Income-73,161
Interest Expense-0
Other Finance Cost-59,753
Net Interest Income-13,408
 
Pretax Income (+$)
Operating Income0
Net Interest Income-13,408
Other Non-Operating Income Expenses0
Income Before Tax (EBT)65,136-52
EBIT - interestExpense = 0
44,188
44,188
Interest Expense0
Earnings Before Interest and Taxes (EBIT)065,136
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax65,136
Tax Provision-20,948
Net Income From Continuing Ops44,18844,188
Net Income44,188
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net5213,408
 

Technical Analysis of Arabian Shield Coop Insurance Co
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Arabian Shield Coop Insurance Co. The general trend of Arabian Shield Coop Insurance Co is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Arabian Shield Coop Insurance Co's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Arabian Shield Coop Insurance Co.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 24.40.

The bearish price targets are: 20.94 > 20.62 > 19.76.

Tweet this
Arabian Shield Coop Insurance Co Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Arabian Shield Coop Insurance Co. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Arabian Shield Coop Insurance Co Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Arabian Shield Coop Insurance Co. The current macd is 0.22339767.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Arabian Shield Coop Insurance Co price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Arabian Shield Coop Insurance Co. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Arabian Shield Coop Insurance Co price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Arabian Shield Coop Insurance Co Daily Moving Average Convergence/Divergence (MACD) ChartArabian Shield Coop Insurance Co Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Arabian Shield Coop Insurance Co. The current adx is 33.75.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Arabian Shield Coop Insurance Co shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Arabian Shield Coop Insurance Co Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Arabian Shield Coop Insurance Co. The current sar is 23.29.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Arabian Shield Coop Insurance Co Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Arabian Shield Coop Insurance Co. The current rsi is 47.75. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Arabian Shield Coop Insurance Co Daily Relative Strength Index (RSI) ChartArabian Shield Coop Insurance Co Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Arabian Shield Coop Insurance Co. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Arabian Shield Coop Insurance Co price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Arabian Shield Coop Insurance Co Daily Stochastic Oscillator ChartArabian Shield Coop Insurance Co Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Arabian Shield Coop Insurance Co. The current cci is -107.56540888.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Arabian Shield Coop Insurance Co Daily Commodity Channel Index (CCI) ChartArabian Shield Coop Insurance Co Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Arabian Shield Coop Insurance Co. The current cmo is -14.96561857.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Arabian Shield Coop Insurance Co Daily Chande Momentum Oscillator (CMO) ChartArabian Shield Coop Insurance Co Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Arabian Shield Coop Insurance Co. The current willr is -79.8816568.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Arabian Shield Coop Insurance Co is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Arabian Shield Coop Insurance Co Daily Williams %R ChartArabian Shield Coop Insurance Co Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Arabian Shield Coop Insurance Co.

Arabian Shield Coop Insurance Co Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Arabian Shield Coop Insurance Co. The current atr is 0.7485004.

Arabian Shield Coop Insurance Co Daily Average True Range (ATR) ChartArabian Shield Coop Insurance Co Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Arabian Shield Coop Insurance Co. The current obv is 51,538,563.

Arabian Shield Coop Insurance Co Daily On-Balance Volume (OBV) ChartArabian Shield Coop Insurance Co Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Arabian Shield Coop Insurance Co. The current mfi is 45.53.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Arabian Shield Coop Insurance Co Daily Money Flow Index (MFI) ChartArabian Shield Coop Insurance Co Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Arabian Shield Coop Insurance Co.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-12RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-25STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-01STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-09BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-11STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-18STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-19MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-25STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-03STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-10STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Arabian Shield Coop Insurance Co Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Arabian Shield Coop Insurance Co based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.753
Ma 20Greater thanMa 5022.471
Ma 50Greater thanMa 10020.884
Ma 100Greater thanMa 20019.438
OpenGreater thanClose21.020
Total2/5 (40.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Arabian Shield Coop Insurance Co with someone you think should read this too:
  • Are you bullish or bearish on Arabian Shield Coop Insurance Co? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Arabian Shield Coop Insurance Co? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Arabian Shield Coop Insurance Co

I send you an email if I find something interesting about Arabian Shield Coop Insurance Co.


Comments

How you think about this?

Leave a comment

Stay informed about Arabian Shield Coop Insurance Co.

Receive notifications about Arabian Shield Coop Insurance Co in your mailbox!