Halliburton Stock Forecast - Price Action Indicator

HAL
 Stock
  

USD 28.41  0.48  1.66%   

Halliburton Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Halliburton historical stock prices and determine the direction of Halliburton's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Halliburton historical fundamentals such as revenue growth or operating cash flow patterns. Although Halliburton naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Halliburton systematic risk associated with finding meaningful patterns of Halliburton fundamentals over time.
Please check Historical Fundamental Analysis of Halliburton to cross-verify your projections.
  
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Halliburton Cash and Equivalents Turnover is relatively stable at the moment as compared to the past year. The company's current value of Cash and Equivalents Turnover is estimated at 7.95. Asset Turnover is expected to hike to 0.75 this year, although the value of PPandE Turnover will most likely fall to 3.41. . Issuance Purchase of Equity Shares is expected to hike to about 85.2 M this year, although the value of Weighted Average Shares will most likely fall to nearly 840.7 M.
Halliburton has current Price Action Indicator of 0.
Most investors in Halliburton cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Halliburton's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Halliburton's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
  Previous Price Action IndicatorPrice Action IndicatorTrend
0.130
Check Halliburton VolatilityBacktest HalliburtonInformation Ratio  

Halliburton Trading Date Momentum

On July 07 2022 Halliburton was traded for  28.41  at the closing time. Highest Halliburton's price during the trading hours was 29.21  and the lowest price during the day was  27.33 . There was no trading activity during the period 0.0. Lack of trading volume on the 7th of July did not cause price change. The trading delta at closing time to current price is 0.11% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Halliburton

For every potential investor in Halliburton, whether a beginner or expert, Halliburton's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Halliburton Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Halliburton. Basic forecasting techniques help filter out the noise by identifying Halliburton's price trends.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Halliburton stock to make a market-neutral strategy. Peer analysis of Halliburton could also be used in its relative valuation, which is a method of valuing Halliburton by comparing valuation metrics with similar companies.

Halliburton Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Halliburton's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Halliburton's current price.

Halliburton Risk Indicators

The analysis of Halliburton's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Halliburton's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Halliburton stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Halliburton Investors Sentiment

The influence of Halliburton's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Halliburton. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Halliburton in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Halliburton's short interest history, or implied volatility extrapolated from Halliburton options trading.

Current Sentiment - HAL

Halliburton Investor Sentiment

Predominant part of Macroaxis users are currently bullish on Halliburton. What is your judgment towards investing in Halliburton? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please check Historical Fundamental Analysis of Halliburton to cross-verify your projections. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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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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
0.53
Market Capitalization
26.1 B
Quarterly Revenue Growth YOY
0.24
Return On Assets
0.0558
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.