25 XP   0   0   10

Gulf General Cooperative Insurance
Buy, Hold or Sell?

Let's analyse Gulf General Cooperative Insurance together

PenkeI guess you are interested in Gulf General Cooperative Insurance. 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 Gulf General Cooperative Insurance. 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 Gulf General Cooperative Insurance

I send you an email if I find something interesting about Gulf General Cooperative Insurance.

Quick analysis of Gulf General Cooperative Insurance (30 sec.)










What can you expect buying and holding a share of Gulf General Cooperative Insurance? (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?
0.0%

What is your share worth?

Current worth
SR5.89
Expected worth in 1 year
SR5.38
How sure are you?
42.9%

+ What do you gain per year?

Total Gains per Share
SR-0.51
Return On Investment
-3.8%

For what price can you sell your share?

Current Price per Share
SR13.46
Expected price per share
SR11.77 - SR15.52
How sure are you?
50%

1. Valuation of Gulf General Cooperative Insurance (5 min.)




Live pricePrice per Share (EOD)

SR13.46

Intrinsic Value Per Share

SR-35.83 - SR-42.27

Total Value Per Share

SR-29.95 - SR-36.39

2. Growth of Gulf General Cooperative Insurance (5 min.)




Is Gulf General Cooperative Insurance growing?

Current yearPrevious yearGrowGrow %
How rich?$78.5m$91.6m-$14.6m-19.0%

How much money is Gulf General Cooperative Insurance making?

Current yearPrevious yearGrowGrow %
Making money-$3.4m-$5.4m$1.9m56.0%
Net Profit Margin-19.2%-31.9%--

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

3. Financial Health of Gulf General Cooperative Insurance (5 min.)




What can you expect buying and holding a share of Gulf General Cooperative Insurance? (5 min.)

Welcome investor! Gulf General Cooperative Insurance's management wants to use your money to grow the business. In return you get a share of Gulf General Cooperative Insurance.

What can you expect buying and holding a share of Gulf General Cooperative Insurance?

First you should know what it really means to hold a share of Gulf General Cooperative Insurance. And how you can make/lose money.

Speculation

The Price per Share of Gulf General Cooperative Insurance is SR13.46. 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 Gulf General Cooperative Insurance.
  • 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 Gulf General Cooperative Insurance, 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 SR5.89. Based on the TTM, the Book Value Change Per Share is SR-0.13 per quarter. Based on the YOY, the Book Value Change Per Share is SR-0.41 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 Gulf General Cooperative Insurance.

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 Eps0.010.1%-0.07-0.5%-0.10-0.7%-0.06-0.5%-0.04-0.3%
Usd Book Value Change Per Share0.010.1%-0.03-0.3%-0.11-0.8%0.010.0%0.040.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.010.1%-0.03-0.3%-0.11-0.8%0.010.0%0.040.3%
Usd Price Per Share1.28-0.90-1.65-1.53-1.60-
Price to Earnings Ratio40.26-13.37--4.47--4.78-3.25-
Price-to-Total Gains Ratio161.04-54.78--4.08-96.02-58.79-
Price to Book Ratio0.82-0.59-1.11-1.17-1.02-
Price-to-Total Gains Ratio161.04-54.78--4.08-96.02-58.79-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.591128
Number of shares278
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.030.01
Usd Total Gains Per Share-0.030.01
Gains per Quarter (278 shares)-9.441.56
Gains per Year (278 shares)-37.776.24
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-38-4806-4
20-76-860122
30-113-1240198
40-151-16202514
50-189-20003120
60-227-23803726
70-264-27604432
80-302-31405038
90-340-35205644
100-378-39006250

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 Share2.02.00.050.0%2.010.00.016.7%6.014.00.030.0%13.022.00.037.1%13.022.00.037.1%
Book Value Change Per Share2.02.00.050.0%4.08.00.033.3%7.013.00.035.0%15.017.03.042.9%15.017.03.042.9%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.035.00.0%0.00.035.00.0%
Total Gains per Share2.02.00.050.0%4.08.00.033.3%7.013.00.035.0%15.017.03.042.9%15.017.03.042.9%

Fundamentals of Gulf General Cooperative Insurance

About Gulf General Cooperative Insurance

Gulf General Cooperative Insurance Company provides various insurance products for corporates and individuals in the Kingdom of Saudi Arabia. The company operates through Medical, Motor, Property, Engineering, Marine, and Accident and Liability segments. It offers marine cargo and hull, healthcare and life, personal accident, third-party and public liability, fidelity guarantee, and travel insurance products. Gulf General Cooperative Insurance Company was founded in 2008 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

Fundamental data was last updated by Penke on 2024-03-28 06:21:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable 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 very able to pay all its debts by selling its assets.
The company is very 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 underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Gulf General Cooperative Insurance.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Gulf General Cooperative Insurance earns for each ﷼1 of revenue.

  • Above 10% is considered healthy but always compare Gulf General Cooperative Insurance to the Insurance - Diversified industry mean.
  • A Net Profit Margin of 2.9% means that ﷼0.03 for each ﷼1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Gulf General Cooperative Insurance:

  • The MRQ is 2.9%. The company is making a profit. +1
  • The TTM is -19.2%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ2.9%TTM-19.2%+22.1%
TTM-19.2%YOY-31.9%+12.8%
TTM-19.2%5Y-16.6%-2.5%
5Y-16.6%10Y-10.1%-6.6%
1.1.2. Return on Assets

Shows how efficient Gulf General Cooperative Insurance is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Gulf General Cooperative Insurance to the Insurance - Diversified industry mean.
  • 0.3% Return on Assets means that Gulf General Cooperative Insurance generated ﷼0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Gulf General Cooperative Insurance:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -2.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.3%TTM-2.2%+2.5%
TTM-2.2%YOY-3.1%+0.9%
TTM-2.2%5Y-1.8%-0.4%
5Y-1.8%10Y-1.1%-0.7%
1.1.3. Return on Equity

Shows how efficient Gulf General Cooperative Insurance is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Gulf General Cooperative Insurance to the Insurance - Diversified industry mean.
  • 0.5% Return on Equity means Gulf General Cooperative Insurance generated ﷼0.01 for each ﷼1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Gulf General Cooperative Insurance:

  • The MRQ is 0.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -4.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.5%TTM-4.9%+5.4%
TTM-4.9%YOY-5.9%+1.0%
TTM-4.9%5Y-4.5%-0.4%
5Y-4.5%10Y-2.7%-1.8%

1.2. Operating Efficiency of Gulf General Cooperative Insurance.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Gulf General Cooperative Insurance is operating .

  • Measures how much profit Gulf General Cooperative Insurance 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 Gulf General Cooperative Insurance to the Insurance - Diversified 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 Gulf General Cooperative Insurance:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-16.9%+16.9%
TTM-16.9%YOY-30.0%+13.2%
TTM-16.9%5Y-15.7%-1.1%
5Y-15.7%10Y-6.8%-8.9%
1.2.2. Operating Ratio

Measures how efficient Gulf General Cooperative Insurance is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance - Diversified industry mean).
  • An Operation Ratio of 0.95 means that the operating costs are ﷼0.95 for each ﷼1 in net sales.

Let's take a look of the Operating Ratio trends of Gulf General Cooperative Insurance:

  • The MRQ is 0.953. The company is less efficient in keeping operating costs low.
  • The TTM is 1.178. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ0.953TTM1.178-0.225
TTM1.178YOY1.300-0.122
TTM1.1785Y1.356-0.178
5Y1.35610Y1.155+0.201

1.3. Liquidity of Gulf General Cooperative Insurance.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Gulf General Cooperative Insurance is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance - Diversified 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 Gulf General Cooperative Insurance:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.282-0.282
TTM0.282YOY10.092-9.811
TTM0.2825Y2.930-2.649
5Y2.93010Y1.962+0.969
1.3.2. Quick Ratio

Measures if Gulf General Cooperative Insurance is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Gulf General Cooperative Insurance to the Insurance - Diversified 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 Gulf General Cooperative Insurance:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.103-0.103
TTM0.103YOY6.061-5.958
TTM0.1035Y1.755-1.651
5Y1.75510Y1.114+0.641

1.4. Solvency of Gulf General Cooperative Insurance.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Gulf General Cooperative Insurance assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Gulf General Cooperative Insurance to Insurance - Diversified industry mean.
  • A Debt to Asset Ratio of 0.35 means that Gulf General Cooperative Insurance assets are financed with 35.1% credit (debt) and the remaining percentage (100% - 35.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Gulf General Cooperative Insurance:

  • The MRQ is 0.351. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.424. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.351TTM0.424-0.073
TTM0.424YOY0.476-0.053
TTM0.4245Y0.561-0.137
5Y0.56110Y0.543+0.018
1.4.2. Debt to Equity Ratio

Measures if Gulf General Cooperative Insurance is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Gulf General Cooperative Insurance to the Insurance - Diversified industry mean.
  • A Debt to Equity ratio of 54.1% means that company has ﷼0.54 debt for each ﷼1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Gulf General Cooperative Insurance:

  • The MRQ is 0.541. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.774. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.541TTM0.774-0.233
TTM0.774YOY0.917-0.143
TTM0.7745Y1.431-0.657
5Y1.43110Y1.482-0.052

2. Market Valuation of Gulf General Cooperative Insurance

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 Gulf General Cooperative Insurance generates.

  • Above 15 is considered overpriced but always compare Gulf General Cooperative Insurance to the Insurance - Diversified industry mean.
  • A PE ratio of 40.26 means the investor is paying ﷼40.26 for every ﷼1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Gulf General Cooperative Insurance:

  • The EOD is 112.617. Based on the earnings, the company is expensive. -2
  • The MRQ is 40.261. Based on the earnings, the company is overpriced. -1
  • The TTM is 13.368. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD112.617MRQ40.261+72.356
MRQ40.261TTM13.368+26.893
TTM13.368YOY-4.472+17.840
TTM13.3685Y-4.776+18.144
5Y-4.77610Y3.248-8.025
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Gulf General Cooperative Insurance:

  • The EOD is -6.611. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.363. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 3.349. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-6.611MRQ-2.363-4.248
MRQ-2.363TTM3.349-5.712
TTM3.349YOY-3.052+6.401
TTM3.3495Y-4.442+7.791
5Y-4.44210Y17.144-21.587
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Gulf General Cooperative Insurance is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance - Diversified industry mean).
  • A PB ratio of 0.82 means the investor is paying ﷼0.82 for each ﷼1 in book value.

Let's take a look of the Price to Book Ratio trends of Gulf General Cooperative Insurance:

  • The EOD is 2.287. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.818. Based on the equity, the company is cheap. +2
  • The TTM is 0.588. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.287MRQ0.818+1.469
MRQ0.818TTM0.588+0.229
TTM0.588YOY1.115-0.526
TTM0.5885Y1.173-0.585
5Y1.17310Y1.015+0.158
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Gulf General Cooperative Insurance 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--0.030-0.127+526%-0.411+1474%0.021+42%0.168-82%
Book Value Per Share--5.8855.772+2%6.702-12%5.404+9%5.016+17%
Current Ratio---0.282-100%10.092-100%2.930-100%1.962-100%
Debt To Asset Ratio--0.3510.424-17%0.476-26%0.561-37%0.543-35%
Debt To Equity Ratio--0.5410.774-30%0.917-41%1.431-62%1.482-64%
Dividend Per Share----0%-0%-0%-0%
Eps--0.030-0.261+975%-0.377+1362%-0.229+867%-0.131+539%
Free Cash Flow Per Share---0.509-0.330-35%-0.564+11%-0.372-27%-0.215-58%
Free Cash Flow To Equity Per Share---0.509-0.333-35%-0.568+12%-0.146-71%-0.086-83%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---42.273--------
Intrinsic Value_10Y_min---35.834--------
Intrinsic Value_1Y_max---2.376--------
Intrinsic Value_1Y_min---2.332--------
Intrinsic Value_3Y_max---8.556--------
Intrinsic Value_3Y_min---8.139--------
Intrinsic Value_5Y_max---16.445--------
Intrinsic Value_5Y_min---15.142--------
Market Cap403800000.000+40%240600000.000169125000.000+42%392097437.613-39%251980944.791-5%237996530.319+1%
Net Profit Margin--0.029-0.192+759%-0.319+1199%-0.166+672%-0.101+447%
Operating Margin----0.1690%-0.3000%-0.1570%-0.0680%
Operating Ratio--0.9531.178-19%1.300-27%1.356-30%1.155-17%
Pb Ratio2.287+64%0.8180.588+39%1.115-27%1.173-30%1.015-19%
Pe Ratio112.617+64%40.26113.368+201%-4.472+111%-4.776+112%3.248+1139%
Price Per Share13.460+64%4.8123.383+42%6.195-22%5.735-16%6.002-20%
Price To Free Cash Flow Ratio-6.611-180%-2.3633.349-171%-3.052+29%-4.442+88%17.144-114%
Price To Total Gains Ratio450.469+64%161.04454.776+194%-4.078+103%96.023+68%58.793+174%
Quick Ratio---0.103-100%6.061-100%1.755-100%1.114-100%
Return On Assets--0.003-0.022+764%-0.031+1045%-0.018+646%-0.011+420%
Return On Equity--0.005-0.049+1061%-0.059+1259%-0.045+980%-0.027+626%
Total Gains Per Share--0.030-0.127+526%-0.411+1474%0.021+42%0.168-82%
Usd Book Value--78508568.00076998346.600+2%91646467.000-14%62089055.680+26%53252738.777+47%
Usd Book Value Change Per Share--0.008-0.034+526%-0.110+1474%0.006+42%0.045-82%
Usd Book Value Per Share--1.5701.540+2%1.788-12%1.442+9%1.338+17%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.008-0.070+975%-0.101+1362%-0.061+867%-0.035+539%
Usd Free Cash Flow---6790060.000-4399865.500-35%-8209569.400+21%-4558758.240-33%-2629893.337-61%
Usd Free Cash Flow Per Share---0.136-0.088-35%-0.150+11%-0.099-27%-0.057-58%
Usd Free Cash Flow To Equity Per Share---0.136-0.089-35%-0.152+12%-0.039-71%-0.023-83%
Usd Market Cap107733840.000+40%64192080.00045122550.000+42%104611596.355-39%67228516.070-5%63497474.289+1%
Usd Price Per Share3.591+64%1.2840.902+42%1.653-22%1.530-16%1.601-20%
Usd Profit--398599.200-3486609.100+975%-5440318.800+1465%-2727336.320+784%-1710538.651+529%
Usd Revenue--13710585.20017710584.200-23%16978951.900-19%15833913.000-13%13143185.451+4%
Usd Total Gains Per Share--0.008-0.034+526%-0.110+1474%0.006+42%0.045-82%
 EOD+5 -3MRQTTM+21 -11YOY+21 -115Y+19 -1310Y+19 -13

3.2. Fundamental Score

Let's check the fundamental score of Gulf General Cooperative Insurance based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15112.617
Price to Book Ratio (EOD)Between0-12.287
Net Profit Margin (MRQ)Greater than00.029
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.351
Debt to Equity Ratio (MRQ)Less than10.541
Return on Equity (MRQ)Greater than0.150.005
Return on Assets (MRQ)Greater than0.050.003
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Gulf General Cooperative Insurance based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.295
Ma 20Greater thanMa 5013.658
Ma 50Greater thanMa 10013.003
Ma 100Greater thanMa 20012.907
OpenGreater thanClose13.060
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in SAR. All numbers in thousands.

Summary
Total Assets453,346
Total Liabilities159,086
Total Stockholder Equity294,260
 As reported
Total Liabilities 159,086
Total Stockholder Equity+ 294,260
Total Assets = 453,346

Assets

Total Assets453,346
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 5,313
Short-term Investments 39,703
Total Current Assets  (as reported)0
Total Current Assets  (calculated)45,016
+/- 45,016
Long-term Assets
Property Plant Equipment 16,347
Goodwill 36,260
Long Term Investments 88,111
Intangible Assets 12,482
Long-term Assets  (as reported)0
Long-term Assets  (calculated)153,200
+/- 153,200

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity294,260
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
Total Stockholder Equity (as reported)294,260
Total Stockholder Equity (calculated)0
+/- 294,260
Other
Capital Stock500,000
Common Stock Shares Outstanding 50,000
Net Invested Capital 294,260
Property Plant and Equipment Gross 16,347



Balance Sheet

Currency in SAR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-31
> Total Assets 
0
0
0
666,941
662,927
613,614
523,839
535,640
565,496
583,770
528,899
503,706
528,025
524,011
495,533
457,305
473,524
455,209
453,875
430,201
476,049
464,321
455,142
427,688
464,024
436,320
687,725
639,050
686,432
670,598
630,149
602,511
498,735
479,706
453,346
453,346479,706498,735602,511630,149670,598686,432639,050687,725436,320464,024427,688455,142464,321476,049430,201453,875455,209473,524457,305495,533524,011528,025503,706528,899583,770565,496535,640523,839613,614662,927666,941000
   > Total Current Assets 
0
0
0
0
0
0
0
304,088
349,569
365,204
370,356
371,739
394,169
387,151
411,707
375,328
385,084
367,850
369,625
335,535
388,920
372,984
370,743
337,866
369,560
334,182
580,147
531,182
597,761
391,407
349,941
334,007
226,717
221,126
0
0221,126226,717334,007349,941391,407597,761531,182580,147334,182369,560337,866370,743372,984388,920335,535369,625367,850385,084375,328411,707387,151394,169371,739370,356365,204349,569304,0880000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
28,919
89,111
82,357
128,718
110,768
92,033
133,136
120,087
90,387
154,570
149,623
152,874
113,815
120,072
162,667
170,871
161,394
157,736
109,914
300,074
256,112
223,411
23,896
15,346
5,151
18,264
16,163
5,313
5,31316,16318,2645,15115,34623,896223,411256,112300,074109,914157,736161,394170,871162,667120,072113,815152,874149,623154,57090,387120,087133,13692,033110,768128,71882,35789,11128,9190000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,923
1,923
1,923
1,923
1,923
1,923
1,923
1,923
1,923
1,923
1,923
1,923
1,923
1,923
1,923
1,923
3,923
1,923
39,703
39,703
39,703
39,70339,70339,7031,9233,9231,9231,9231,9231,9231,9231,9231,9231,9231,9231,9231,9231,9231,9231,9231,9231,92300000000000000
       Net Receivables 
0
0
0
0
0
0
0
107,783
102,360
99,082
105,462
85,290
107,439
66,365
58,360
48,465
86,295
82,767
100,677
74,763
117,767
82,417
64,413
43,403
64,599
75,721
66,863
63,940
150,048
148,536
131,044
120,771
0
0
0
000120,771131,044148,536150,04863,94066,86375,72164,59943,40364,41382,417117,76774,763100,67782,76786,29548,46558,36066,365107,43985,290105,46299,082102,360107,7830000000
       Other Current Assets 
0
0
0
0
0
0
0
129,434
260,458
282,847
241,638
138,092
142,722
138,452
289,697
283,018
228,591
216,304
214,828
219,797
266,925
208,394
197,949
174,549
209,901
222,345
278,150
158,170
176,082
155,906
143,957
139,111
124,325
0
0
00124,325139,111143,957155,906176,082158,170278,150222,345209,901174,549197,949208,394266,925219,797214,828216,304228,591283,018289,697138,452142,722138,092241,638282,847260,458129,4340000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
215,927
218,566
158,543
0
0
0
83,826
81,977
88,440
87,359
84,250
94,666
87,129
91,337
84,399
89,822
94,464
102,138
107,578
109,316
113,422
107,270
0
0
0
0
0
00000107,270113,422109,316107,578102,13894,46489,82284,39991,33787,12994,66684,25087,35988,44081,97783,826000158,543218,566215,92700000000
       Property Plant Equipment 
0
0
0
1,796
1,934
1,879
1,705
1,700
1,752
3,177
3,485
5,001
4,942
5,418
5,833
4,160
4,417
4,428
4,168
9,194
9,152
8,513
9,129
9,072
9,908
11,524
14,764
14,675
14,760
15,323
16,466
16,026
18,012
16,995
16,347
16,34716,99518,01216,02616,46615,32314,76014,67514,76411,5249,9089,0729,1298,5139,1529,1944,1684,4284,4174,1605,8335,4184,9425,0013,4853,1771,7521,7001,7051,8791,9341,796000
       Goodwill 
0
0
0
0
0
0
0
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,260
36,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,26036,2600000000
       Long Term Investments 
0
0
0
0
0
0
0
184,923
144,923
144,923
84,923
84,923
84,923
84,923
84,923
83,923
45,544
44,253
41,407
43,348
35,333
40,380
32,675
36,869
40,605
44,374
45,903
48,755
52,143
44,592
44,386
46,790
86,585
89,372
88,111
88,11189,37286,58546,79044,38644,59252,14348,75545,90344,37440,60536,86932,67540,38035,33343,34841,40744,25345,54483,92384,92384,92384,92384,92384,923144,923144,923184,9230000000
       Intangible Assets 
0
0
0
0
0
0
0
6,623
36,260
36,260
36,260
4,870
6,728
6,801
6,454
2,126
2,219
2,418
2,415
5,864
6,384
6,184
6,335
7,621
7,691
9,980
10,651
9,626
10,259
11,095
12,355
13,453
13,087
12,720
12,482
12,48212,72013,08713,45312,35511,09510,2599,62610,6519,9807,6917,6216,3356,1846,3845,8642,4152,4182,2192,1266,4546,8016,7284,87036,26036,26036,2606,6230000000
       Other Assets 
0
0
0
666,941
662,927
613,614
523,839
535,640
565,496
583,770
528,899
503,706
528,025
524,011
495,533
457,305
473,524
455,209
453,875
430,201
476,049
464,321
455,142
427,688
464,024
436,320
687,725
639,050
686,432
670,598
630,149
3,634
35,507
33,475
0
033,47535,5073,634630,149670,598686,432639,050687,725436,320464,024427,688455,142464,321476,049430,201453,875455,209473,524457,305495,533524,011528,025503,706528,899583,770565,496535,640523,839613,614662,927666,941000
> Total Liabilities 
0
0
0
484,895
485,983
427,674
330,107
331,473
371,449
379,878
321,574
294,596
330,299
333,527
309,369
298,178
312,755
290,103
288,238
271,617
322,221
293,123
284,126
264,554
325,250
317,313
287,961
268,177
334,748
336,678
312,616
334,895
198,979
186,940
159,086
159,086186,940198,979334,895312,616336,678334,748268,177287,961317,313325,250264,554284,126293,123322,221271,617288,238290,103312,755298,178309,369333,527330,299294,596321,574379,878371,449331,473330,107427,674485,983484,895000
   > Total Current Liabilities 
0
0
0
0
0
0
0
273,694
355,210
343,307
271,502
244,308
285,983
313,744
294,188
264,818
281,608
263,336
266,536
245,392
300,883
266,111
259,635
240,342
301,337
291,908
254,796
14,826
295,541
298,527
289,816
296,573
0
0
0
000296,573289,816298,527295,54114,826254,796291,908301,337240,342259,635266,111300,883245,392266,536263,336281,608264,818294,188313,744285,983244,308271,502343,307355,210273,6940000000
       Short-term Debt 
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
838
0
0
0
0
0
0
0
0000000838000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
152,748
200,198
214,131
171,618
144,417
129,748
138,347
24,335
19,249
13,496
17,298
11,281
14,783
22,281
22,792
25,326
13,971
18,046
18,080
17,816
13,988
22,560
20,686
14,950
79,921
0
0
0
00079,92114,95020,68622,56013,98817,81618,08018,04613,97125,32622,79222,28114,78311,28117,29813,49619,24924,335138,347129,748144,417171,618214,131200,198152,7480000000
       Other Current Liabilities 
0
0
0
0
0
0
0
97,210
131,662
118,406
95,185
80,172
132,711
148,561
135,184
119,232
145,574
139,307
150,311
135,610
189,062
154,202
138,535
141,238
196,569
177,604
147,818
110,502
187,756
191,318
181,939
159,032
0
0
0
000159,032181,939191,318187,756110,502147,818177,604196,569141,238138,535154,202189,062135,610150,311139,307145,574119,232135,184148,561132,71180,17295,185118,406131,66297,2100000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,280
2,988
2,634
2,665
1,911
1,764
1,796
1,757
386
992
732
0
0
0
0
0
000007329923861,7571,7961,7641,9112,6652,6342,9883,2800000000000000000000
       Long term Debt Total 
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
1,796
1,757
1,224
992
732
0
0
0
0
0
000007329921,2241,7571,7960000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
66,173
16,239
36,571
50,072
60,478
44,280
14,783
15,181
33,360
31,147
26,767
21,702
25,190
18,350
24,378
21,826
23,609
22,149
23,609
31,408
42,149
38,215
37,419
22,127
38,295
0
0
0
00038,29522,12737,41938,21542,14931,40823,60922,14923,60921,82624,37818,35025,19021,70226,76731,14733,36015,18114,78344,28060,47850,07236,57116,23966,1730000000
> Total Stockholder Equity
0
0
0
176,279
171,177
179,221
185,925
195,773
194,047
203,892
207,325
209,110
197,726
190,484
186,164
159,127
160,769
165,106
165,637
158,584
153,828
171,198
171,016
163,134
138,774
119,007
399,764
370,873
351,684
333,920
317,533
267,616
299,756
292,766
294,260
294,260292,766299,756267,616317,533333,920351,684370,873399,764119,007138,774163,134171,016171,198153,828158,584165,637165,106160,769159,127186,164190,484197,726209,110207,325203,892194,047195,773185,925179,221171,177176,279000
   Common Stock
0
0
0
0
0
0
0
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
500,000
500,000
500,000
500,000
500,000
500,000
0
0
0
000500,000500,000500,000500,000500,000500,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,0000000000
   Retained Earnings Total Equity00000000000000000000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000000000000000000
   Capital Surplus 00000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
176,279
171,177
179,221
185,925
-4,227
1,642
1,642
1,642
209,110
197,726
190,484
2,165
2,165
2,165
2,789
2,789
2,472
2,472
2,472
2,472
3,269
3,269
3,269
3,269
2,602
2,602
2,602
2,602
1,370
0
0
0
0001,3702,6022,6022,6022,6023,2693,2693,2693,2692,4722,4722,4722,4722,7892,7892,1652,1652,165190,484197,726209,1101,6421,6421,642-4,227185,925179,221171,177176,279000



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 (+$)
totalRevenue329,679
Cost of Revenue--
Gross Profit-329,679
 
Operating Income (+$)
Gross Profit-
Operating Expense-402,462
Operating Income--402,462
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense402,4620
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-0
Net Interest Income-
 
Pretax Income (+$)
Operating Income-
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-72,783-98
EBIT - interestExpense = 0
-76,251
-76,251
Interest Expense-
Earnings Before Interest and Taxes (EBIT)--72,783
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-72,783
Tax Provision-3,468
Net Income From Continuing Ops-76,251-76,251
Net Income-76,251
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net980
 

Technical Analysis of Gulf General Cooperative Insurance
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 Gulf General Cooperative Insurance. The general trend of Gulf General Cooperative Insurance is BULLISH with 28.6% 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 Gulf General Cooperative Insurance'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 (28.6%) Bearish trend (-28.6%)
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 Gulf General Cooperative Insurance.

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: 15.33 < 15.50 < 15.52.

The bearish price targets are: 13.28 > 12.18 > 11.77.

Tweet this
Gulf General Cooperative Insurance 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 Gulf General Cooperative Insurance. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-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 down: The MA 50 is trending down. -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 lower 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 down: The MA 200 is trending down. -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

Gulf General Cooperative Insurance 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 Gulf General Cooperative Insurance. The current macd is 0.21968815.

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 Gulf General Cooperative Insurance price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Gulf General Cooperative Insurance. 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 Gulf General Cooperative Insurance 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
Gulf General Cooperative Insurance Daily Moving Average Convergence/Divergence (MACD) ChartGulf General Cooperative Insurance 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 Gulf General Cooperative Insurance. The current adx is 27.11.

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 Gulf General Cooperative Insurance 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
Gulf General Cooperative Insurance 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 Gulf General Cooperative Insurance. The current sar is 15.24.

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
Gulf General Cooperative Insurance 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 Gulf General Cooperative Insurance. The current rsi is 49.29. 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
Gulf General Cooperative Insurance Daily Relative Strength Index (RSI) ChartGulf General Cooperative Insurance 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 Gulf General Cooperative Insurance. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 1/6.
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 below the STOCH %D 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 Gulf General Cooperative Insurance price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Gulf General Cooperative Insurance Daily Stochastic Oscillator ChartGulf General Cooperative Insurance 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 Gulf General Cooperative Insurance. The current cci is -22.54758184.

Gulf General Cooperative Insurance Daily Commodity Channel Index (CCI) ChartGulf General Cooperative Insurance 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 Gulf General Cooperative Insurance. The current cmo is -9.18270006.

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
Gulf General Cooperative Insurance Daily Chande Momentum Oscillator (CMO) ChartGulf General Cooperative Insurance 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 Gulf General Cooperative Insurance. The current willr is -78.46153846.

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 Gulf General Cooperative Insurance is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Gulf General Cooperative Insurance Daily Williams %R ChartGulf General Cooperative Insurance 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 Gulf General Cooperative Insurance.

Gulf General Cooperative Insurance 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 Gulf General Cooperative Insurance. The current atr is 0.51397968.

Gulf General Cooperative Insurance Daily Average True Range (ATR) ChartGulf General Cooperative Insurance 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 Gulf General Cooperative Insurance. The current obv is 18,653,399.

Gulf General Cooperative Insurance Daily On-Balance Volume (OBV) ChartGulf General Cooperative Insurance 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 Gulf General Cooperative Insurance. The current mfi is 55.18.

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

  • MFI > 50: +1
Gulf General Cooperative Insurance Daily Money Flow Index (MFI) ChartGulf General Cooperative Insurance Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Gulf General Cooperative Insurance.

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
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-26STOCH 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
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-03STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-14WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-10MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-06MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-11MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18RSI 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).
2024-03-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Gulf General Cooperative Insurance Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Gulf General Cooperative Insurance based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.295
Ma 20Greater thanMa 5013.658
Ma 50Greater thanMa 10013.003
Ma 100Greater thanMa 20012.907
OpenGreater thanClose13.060
Total2/5 (40.0%)
Penke

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

  • Share my analysis of Gulf General Cooperative Insurance with someone you think should read this too:
  • Are you bullish or bearish on Gulf General Cooperative Insurance? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Gulf General Cooperative Insurance? 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 Gulf General Cooperative Insurance

I send you an email if I find something interesting about Gulf General Cooperative Insurance.


Comments

How you think about this?

Leave a comment

Stay informed about Gulf General Cooperative Insurance.

Receive notifications about Gulf General Cooperative Insurance in your mailbox!