Halliburton Stock Performance

HAL -  USA Stock  

USD 36.70  1.78  4.63%

On a scale of 0 to 100, Halliburton holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.7304, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Halliburton's beta means in this case. As returns on the market increase, Halliburton returns are expected to increase less than the market. However, during the bear market, the loss on holding Halliburton will be expected to be smaller as well. 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 0.38% will be sustainable into the future. Please utilizes Halliburton jensen alpha, as well as the relationship between the potential upside and skewness to make a quick decision on whether Halliburton current trending patterns will revert.
  
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Halliburton Performance
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Halliburton are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Halliburton revealed solid returns over the last few months and may actually be approaching a breakup point. ...more

Halliburton Price Channel

Quick Ratio1.39
Fifty Two Week Low17.82
Target High Price52.00
Fifty Two Week High42.60
Payout Ratio14.74%
Trailing Annual Dividend Yield0.50%
Target Low Price27.00

Halliburton Relative Risk vs. Return Landscape

If you would invest  3,136  in Halliburton on February 24, 2022 and sell it today you would earn a total of  712.00  from holding Halliburton or generate 22.7% return on investment over 90 days. Halliburton is generating 0.3824% of daily returns assuming volatility of 3.3936% on return distribution over 90 days investment horizon. In other words, 29% of stocks are less volatile than Halliburton, and above 93% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon Halliburton is expected to generate 2.48 times more return on investment than the market. However, the company is 2.48 times more volatile than its market benchmark. It trades about 0.11 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.

Halliburton Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Halliburton's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Halliburton, and traders can use it to determine the average amount a Halliburton's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1127

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Estimated Market Risk
 3.39
  actual daily
 
 29 %
of total potential
 
2929
Expected Return
 0.38
  actual daily
 
 7 %
of total potential
 
77
Risk-Adjusted Return
 0.11
  actual daily
 
 8 %
of total potential
 
88
Based on monthly moving average Halliburton is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Halliburton by adding it to a well-diversified portfolio.

About Halliburton Performance

To evaluate Halliburton Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Halliburton generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Halliburton Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Halliburton stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Halliburton's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-58 M-59.5 M
Return on Investment 11.75  11.08 
Return on Average Assets 0.07  0.07 
Return on Average Equity 0.25  0.28 
Return on Invested Capital 0.08  0.06 
Return on Sales 0.11  0.12 
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.

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

Equity Alerts and Improvement Suggestions

Halliburton has very high historical volatility over the last 90 days
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 MacroaxisInsider: Halliburton exotic insider transaction detected
Please check Risk vs Return Analysis. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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.