Halliburton Stock Alpha and Beta Analysis

HAL -  USA Stock  

USD 30.95  0.91  3.03%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Halliburton. It also helps investors analyze the systematic and unsystematic risks associated with investing in Halliburton over a specified time horizon. Remember, high Halliburton's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Halliburton Backtesting, Halliburton Valuation, Halliburton Correlation, Halliburton Hype Analysis, Halliburton Volatility, Halliburton History and analyze Halliburton Performance.
  
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Please note that although Halliburton alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Halliburton did 0.020666  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Halliburton stock's relative risk over its benchmark. Halliburton has a beta of 1.33  . 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.
Halliburton Enterprise Value is relatively stable at the moment as compared to the past year. The company's current Enterprise Value is estimated at 30.73 Billion. Tangible Asset Value is expected to hike to about 20.5 B this year, although Enterprise Value over EBITDA will most likely fall to 9.26.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Halliburton Quarterly Book Value per Share

7.805

Share

Halliburton Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Halliburton market risk premium is the additional return an investor will receive from holding Halliburton long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Halliburton. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Halliburton's performance over market.
α-0.02   β1.33
90 days against DJI

Halliburton expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Halliburton's Buy-and-hold return. Our buy-and-hold chart shows how Halliburton performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Halliburton Market Price Analysis

Market price analysis indicators help investors to evaluate how Halliburton stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Halliburton shares will generate the highest return on investment. By understating and applying Halliburton stock market price indicators, traders can identify Halliburton position entry and exit signals to maximize returns.

Halliburton Return and Market Media

The median price of Halliburton for the period between Sun, Mar 27, 2022 and Sat, Jun 25, 2022 is 37.64 with a coefficient of variation of 7.56. The daily time series for the period is distributed with a sample standard deviation of 2.84, arithmetic mean of 37.58, and mean deviation of 2.18. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
EPS Estimate03/31/2022
2
Halliburton exotic insider transaction detected04/04/2022
3
Halliburton exotic insider transaction detected04/06/2022
4
Acquisition by Alan Bennett of 122 shares of Halliburton sub...04/07/2022
5
Halliburton exotic insider transaction detected04/12/2022
6
Halliburton exotic insider transaction detected04/13/2022
7
Halliburton exotic insider transaction detected04/18/2022
8
EPS Reported04/19/2022
9
What Makes Halliburton a Strong Momentum Stock Buy Now - Yah...04/21/2022
10
Nasdaq ends sharply higher after Twitter agrees to be bought...04/25/2022
11
Financial Statements04/28/2022
12
Filing05/02/2022
13
Best Oil Stocks For Q2 2022 Halliburton And Schlumberger - S...05/06/2022
14
Filing05/19/2022
15
Halliburton exotic insider transaction detected05/23/2022
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Halliburton exotic insider transaction detected05/27/2022
17
Halliburton exotic insider transaction detected06/02/2022
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Halliburton exotic insider transaction detected06/06/2022
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Exxon Mobil Shares Hit All-Time High As Oil And Gas Prices K...06/08/2022
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Halliburton exotic insider transaction detected06/10/2022
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Halliburton Co. stock falls Friday, underperforms market - M...06/17/2022

About Halliburton Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Halliburton has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2019 2021 2022 (projected)
Long Term Debt to Equity1.291.361.11
Interest Coverage3.844.414.53

Halliburton Upcoming Company Events

As portrayed in its financial statements, the presentation of Halliburton's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Halliburton's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Halliburton's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Halliburton. Please utilize our Beneish M Score to check the likelihood of Halliburton's management manipulating its earnings.
Upcoming Quarterly Report24th of January 2022
Next Financial Report20th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End24th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Please check Halliburton Backtesting, Halliburton Valuation, Halliburton Correlation, Halliburton Hype Analysis, Halliburton Volatility, Halliburton History and analyze 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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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...