Halliburton Backtesting

Halliburton Company -- USA Stock  

USD 47.16  0.34  0.72%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Halliburton Company and determine expected loss or profit from investing in Halliburton over given investment horizon. Please also check Halliburton Hype Analysis, Halliburton Correlation, Halliburton Valuation, Halliburton Volatility as well as analyze Halliburton Alpha and Beta and Halliburton Performance
 Time Horizon     30 Days    Login   to change
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Backtest

Halliburton 'What if' Analysis

January 22, 2018
0.00
No Change 0.00  0.0%
In 31 days
February 21, 2018
0.00
If you would invest  0.00  in Halliburton on January 22, 2018 and sell it all today you would earn a total of 0.00 from holding Halliburton Company or generate 0.0% return on investment in Halliburton over 30 days. Halliburton is related to or competes with Cheniere Energy, Enbridge Energy, TechnipFMC plc, Magellan Midstream. Halliburton Company provides a range of services and products to oil and natural gas companies worldwide

Halliburton Upside/Downside Indicators

  

Halliburton Market Premium Indicators

Halliburton lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Halliburton regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Halliburton Backtested Returns

Macroaxis considers Halliburton to be not too risky. Halliburton holds Efficiency (Sharpe) Ratio of -0.4069 which attests that Halliburton had -0.4069% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Halliburton exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Halliburton Market Risk Adjusted Performance of 0.54 and Risk Adjusted Performance of 0.34 to validate risk estimate we provide. Macroaxis gives Halliburton performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.9296 which attests that Halliburton returns are very sensitive to returns on the market. as market goes up or down, Halliburton is expected to follow.. Even though it is essential to pay attention to Halliburton current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Halliburton exposes twenty-one different technical indicators which can help you to evaluate its performance. Halliburton has expected return of -0.7917%. Please be advised to check out Halliburton Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Halliburton past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.58 

Modest predictability

Halliburton Company has modest predictability. Overlapping area represents the amount of predictability between Halliburton time series from January 22, 2018 to February 6, 2018 and February 6, 2018 to February 21, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Halliburton price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Halliburton price fluctuation can be explain by its past prices.
Correlation Coefficient 0.58
Spearman Rank Test 0.39
Price Variance 1.35
Lagged Price Variance 3.41

Halliburton Lagged Returns

 Regressed Prices 
      Timeline 

Halliburton Performance vs DOW

The median price of Halliburton for the period between Mon, Jan 22, 2018 and Wed, Feb 21, 2018 is 52.19 with a coefficient of variation of 7.06. The daily time series for the period is distributed with a sample standard deviation of 3.63, arithmetic mean of 51.41, and mean deviation of 3.3. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Exercise or conversion by Probert Timothy J of 8400 shares o...01/29/2018
2
Halliburton exotic insider transaction detected02/20/2018