Halliburton Backtesting

Halliburton Company -- USA Stock  

USD 45.16  1.17  2.66%

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
Investment Horizon     30 Days    Login   to change

Halliburton 'What if' Analysis

November 11, 2017
No Change 0.00  0.0%
In 31 days
December 11, 2017
If you would invest  0.00  in Halliburton on November 11, 2017 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, Magellan Midstream, and MRC Global. Halliburton Companys Completion and Production segment offers production enhancement services, including stimulation and...

Halliburton Upside/Downside Indicators


Halliburton Market Premium Indicators

Halliburton lagged returns against current returns

 Current and Lagged Values 

Halliburton regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Halliburton Backtested Returns

We consider Halliburton not too risky. Halliburton holds Efficiency (Sharpe) Ratio of 0.0768 which attests that Halliburton had 0.0768% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Halliburton which you can use to evaluate future volatility of the corporation. Please check out Halliburton Downside Deviation of 1.48, Market Risk Adjusted Performance of 0.0315 and Risk Adjusted Performance of 0.0152 to validate if risk estimate we provide are consistent with the epected return of 0.1175%. Halliburton has performance score of 5 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.7289 which attests that as returns on market increase, Halliburton returns are expected to increase less than the market. However during bear market, the loss on holding Halliburton will be expected to be smaller as well.. Although it is extremely important to respect Halliburton current price history, it is better to be realistic regarding the information on 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 0.1175% will be sustainable into the future. Halliburton right now retains a risk of 1.5291%. Please check out Halliburton Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Halliburton will be following its current trending patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.72) 

Almost perfect reverse predictability

Halliburton Company has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Halliburton time series from November 11, 2017 to November 26, 2017 and November 26, 2017 to December 11, 2017. 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 -0.72 indicates that around 72.0% of current Halliburton price fluctuation can be explain by its past prices. Given that Halliburton Company has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Halliburton for similar time interval.
Correlation Coefficient -0.72
Spearman Rank Test -0.6
Price Variance 1.34
Lagged Price Variance 0.83

Halliburton Lagged Returns

 Regressed Prices 

Halliburton Performance vs DOW

The median price of Halliburton for the period between Sat, Nov 11, 2017 and Mon, Dec 11, 2017 is 42.94 with a coefficient of variation of 3.25. The daily time series for the period is distributed with a sample standard deviation of 1.39, arithmetic mean of 42.69, and mean deviation of 1.25. The Stock received some media coverage during the period.
December 6, 2017Halliburton Dividend Paid
Price Growth (%)  
Halliburton exotic insider transaction detected11/17/2017
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