HAL | - USA Stock | | USD 38.78 0.30 0.78% |
This module uses fundamental data of Halliburton to approximate its Piotroski F score. Halliburton F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Halliburton. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Halliburton financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please check
Halliburton Altman Z Score,
Halliburton Correlation,
Halliburton Valuation, as well as analyze
Halliburton Alpha and Beta and
Halliburton Hype Analysis.
Halliburton
Total Debt is relatively stable at the moment as compared to the past year. The company's current value of
Total Debt is estimated at 10.99 Billion.
Debt Current is expected to hike to about 354.6
M this year, although the value of
Long Term Debt to Equity will most likely fall to 1.11. Halliburton
Accrued Expenses Turnover is relatively stable at the moment as compared to the past year. The company's current value of
Accrued Expenses Turnover is estimated at 24.21.
Operating Margin is expected to hike to 12.70 this year, although the value of
Calculated Tax Rate will most likely fall to
(20.36) .
At this time, it appears that Halliburton's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized
Piotroski F-Score model, we still consider it an effective method of
predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
1 | Current Return On Assets | Positive | Focus |
2 | Change in Return on Assets | Increased | Focus |
3 | Cash Flow Return on Assets | Positive | Focus |
4 | Current Quality of Earnings (accrual) | Improving | Focus |
5 | Asset Turnover Growth | Increase | Focus |
6 | Current Ratio Change | Increase | Focus |
7 | Long Term Debt Over Assets Change | Higher Leverage | Focus |
8 | Change In Outstending Shares | Decrease | Focus |
9 | Change in Gross Margin | No Change | Focus |
Halliburton Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Halliburton is to make sure Halliburton is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Halliburton's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Halliburton's financial numbers are properly reported.
Halliburton F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical
financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Halliburton's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Halliburton in a much-optimized way.
Click cells to compare fundamentals
About Halliburton Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled
Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.
Halliburton Current Valuation Drivers
We derive many important indicators used in calculating different scores of Halliburton from analyzing Halliburton's financial statements. These drivers represent accounts that assess Halliburton's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Halliburton's important
valuation drivers and their relationship over time.
About Halliburton Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Halliburton's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Halliburton using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Halliburton based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing
financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our
fundamental analysis page.
Halliburton Company provides products and services to the energy industry worldwide. Halliburton Company was founded in 1919 and is based in Houston, Texas. Halliburton operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 40000 people.
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.
Halliburton Implied Volatility | | | | 56.81 |
Halliburton's implied volatility exposes the market's sentiment of Halliburton stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Halliburton's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Halliburton stock will not fluctuate a lot when Halliburton's options are near their expiration.
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.
Predominant part of Macroaxis users are currently bullish on Halliburton. What is your judgment towards investing in Halliburton? Are you bullish or bearish?
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Halliburton using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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.
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.