Halliburton Stock Market Value

HAL
 Stock
  

USD 36.82  2.05  5.27%   

Halliburton's market value is the price at which a share of Halliburton stock trades on a public exchange. It measures the collective expectations of Halliburton investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Halliburton and determine expected loss or profit from investing in Halliburton over a given investment horizon. Please check Halliburton Correlation, Halliburton Volatility and Halliburton Alpha and Beta module to complement your research on Halliburton.
Symbol


Is Halliburton's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Halliburton. If investors know Halliburton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Halliburton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.3
Market Capitalization
35.3 B
Quarterly Revenue Growth YOY
0.39
Return On Assets
0.0749
Return On Equity
0.26
The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Halliburton's market value can be influenced by many factors that don't directly affect Halliburton's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine Halliburton value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Halliburton 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Halliburton's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Halliburton.
0.00
11/05/2022
No Change 0.00  0.0 
In 31 days
12/05/2022
0.00
If you would invest  0.00  in Halliburton on November 5, 2022 and sell it all today you would earn a total of 0.00 from holding Halliburton or generate 0.0% return on investment in Halliburton over 30 days. Halliburton is related to or competes with Dmc Global, Now, Enerflex, and Flotek Industries. Halliburton Company provides products and services to the energy industry worldwide More

Halliburton Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Halliburton's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Halliburton upside and downside potential and time the market with a certain degree of confidence.

Halliburton Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Halliburton's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Halliburton's standard deviation. In reality, there are many statistical measures that can use Halliburton historical prices to predict the future Halliburton's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Halliburton's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Halliburton in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
32.9036.1139.32
Details
Intrinsic
Valuation
LowReal ValueHigh
26.6729.8840.10
Details
18 Analysts
Consensus
LowTarget PriceHigh
18.2029.1436.00
Details
Earnings
Estimates (11)
LowProjected EPSHigh
1.041.071.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Halliburton. Your research has to be compared to or analyzed against Halliburton's peers to derive any actionable benefits. When done correctly, Halliburton's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Halliburton.

Halliburton Backtested Returns

Halliburton appears to be not too volatile, given 3 months investment horizon. Halliburton holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had 0.12% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Halliburton, which you can use to evaluate the future volatility of the firm. Please utilize Halliburton's Downside Deviation of 3.18, market risk adjusted performance of 0.3164, and Risk Adjusted Performance of 0.2067 to validate if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Halliburton holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 1.4208, which attests to a somewhat significant risk relative to the market. Let's try to break down what Halliburton's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Halliburton will likely underperform. Although it is vital to follow Halliburton current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Halliburton technical indicators, you can presently evaluate if the expected return of 0.39% will be sustainable into the future. Please utilizes Halliburton potential upside, and the relationship between the sortino ratio and skewness to make a quick decision on whether Halliburton current trending patterns will revert.

Auto-correlation

    
  -0.27  

Weak reverse predictability

Halliburton has weak reverse predictability. Overlapping area represents the amount of predictability between Halliburton time series from 5th of November 2022 to 20th of November 2022 and 20th of November 2022 to 5th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Halliburton price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Halliburton price fluctuation can be explain by its past prices.
Correlation Coefficient-0.27
Spearman Rank Test-0.63
Residual Average0.0
Price Variance0.97

Halliburton lagged returns against current returns

Autocorrelation, which is Halliburton stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Halliburton's stock expected returns. We can calculate the autocorrelation of Halliburton returns to help us make a trade decision. For example, suppose you find that Halliburton stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Halliburton regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Halliburton stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Halliburton stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Halliburton stock over time.
   Current vs Lagged Prices   
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       Timeline  

Halliburton Lagged Returns

When evaluating Halliburton's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Halliburton stock have on its future price. Halliburton autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Halliburton autocorrelation shows the relationship between Halliburton stock current value and its past values and can show if there is a momentum factor associated with investing in Halliburton.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Halliburton without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Halliburton Correlation, Halliburton Volatility and Halliburton Alpha and Beta module to complement your research on Halliburton. Note that the Halliburton information on this page should be used as a complementary analysis to other Halliburton's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Halliburton price analysis, check to measure Halliburton's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Halliburton is operating at the current time. Most of Halliburton's value examination focuses on studying past and present price action to predict the probability of Halliburton's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Halliburton's price. Additionally, you may evaluate how the addition of Halliburton to your portfolios can decrease your overall portfolio volatility.
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Halliburton technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Halliburton technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Halliburton trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...