Halliburton Stock Probability of Future Stock Price Finishing Over 38.48

HAL
 Stock
  

USD 32.38  0.81  2.44%   

Halliburton's future price is the expected price of Halliburton instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Halliburton performance during a given time horizon utilizing its historical volatility. Halliburton Price to Book Value is relatively stable at the moment as compared to the past year. The company's current Price to Book Value is estimated at 3.35. Price to Earnings Ratio is expected to hike to 15.14 this year, although the value of Price to Sales Ratio will most likely fall to 1.30.
  
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Halliburton's implied volatility is one of the determining factors in the pricing options written on Halliburton. Implied volatility approximates the future value of Halliburton based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Halliburton over a specific time period. For example, 2022-07-01 CALL at $32.5 is a CALL option contract on Halliburton's common stock with a strick price of 32.5 expiring on 2022-07-01. The contract was last traded on 2022-06-27 at 15:59:44 for $0.71 and, as of today, has 3 days remaining before the expiration. The option is currently trading at a bid price of $0.68, and an ask price of $0.74. The implied volatility as of the 29th of June is 62.0205. View All Halliburton options

Closest to current price Halliburton long CALL Option Payoff at Expiration

Please check Halliburton Backtesting, Halliburton Valuation, Halliburton Correlation, Halliburton Hype Analysis, Halliburton Volatility, Halliburton History as well as Halliburton Performance. Please specify Halliburton time horizon, a valid symbol (red box) and a target price (blue box) you would like Halliburton odds to be computed.
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Halliburton Target Price Odds to finish over 38.48

The tendency of Halliburton Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 38.48  or more in 90 days
 32.38 90 days 38.48  about 36.27
Based on a normal probability distribution, the odds of Halliburton to move over $ 38.48  or more in 90 days from now is about 36.27 (This Halliburton probability density function shows the probability of Halliburton Stock to fall within a particular range of prices over 90 days) . Probability of Halliburton price to stay between its current price of $ 32.38  and $ 38.48  at the end of the 90-day period is about 59.36 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.34 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Halliburton will likely underperform. Additionally The company has an alpha of 0.0932, implying that it can generate a 0.0932 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Halliburton Price Density 
      Price 

Predictive Modules for Halliburton

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Halliburton. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
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
29.7033.1836.66
Details
Intrinsic
Valuation
LowReal ValueHigh
28.5131.9935.47
Details
Naive
Forecast
LowNext ValueHigh
27.9031.3834.86
Details
18 Analysts
Consensus
LowTarget PriceHigh
18.2029.1436.00
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 Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Halliburton is not an exception. The market had few large corrections towards the Halliburton's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Halliburton, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Halliburton within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.09
β
Beta against DOW1.34
σ
Overall volatility
2.96
Ir
Information ratio 0.01016

Halliburton Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Halliburton for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Halliburton can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Halliburton generated a negative expected return over the last 90 days
Halliburton has high historical volatility and very poor performance
Halliburton has a strong financial position based on the latest SEC filings
Over 81.0% of the company shares are owned by institutional investors
Latest headline from www.marketwatch.com: Halliburton Co. stock falls Friday, underperforms market - MarketWatch

Halliburton Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Halliburton Stock often depends not only on the future outlook of the current and potential Halliburton's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Halliburton's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out1.57%
Trailing Annual Dividend Rate0.18
Short Percent Of Float1.77%
Float Shares898.06M
Average Daily Volume Last 10 Day13.66M
Shares Short Prior Month12.99M
Average Daily Volume In Three Month11.31M
Date Short Interest29th of April 2022
Trailing Annual Dividend Yield0.56%

Halliburton Technical Analysis

Halliburton's future price can be derived by breaking down and analyzing its technical indicators over time. Halliburton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Halliburton. In general, you should focus on analyzing Halliburton Stock price patterns and their correlations with different microeconomic environments and drivers.

Halliburton Predictive Forecast Models

Halliburton time-series forecasting models is one of many Halliburton's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Halliburton's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Halliburton

Checking the ongoing alerts about Halliburton for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Halliburton help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Halliburton Alerts

Halliburton Alerts and Suggestions

Halliburton generated a negative expected return over the last 90 days
Halliburton has high historical volatility and very poor performance
Halliburton has a strong financial position based on the latest SEC filings
Over 81.0% of the company shares are owned by institutional investors
Latest headline from www.marketwatch.com: Halliburton Co. stock falls Friday, underperforms market - MarketWatch
Please check Halliburton Backtesting, Halliburton Valuation, Halliburton Correlation, Halliburton Hype Analysis, Halliburton Volatility, Halliburton History as well as Halliburton Performance. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Halliburton Stock analysis

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
29.1 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.