Halliburton Backtesting

Halliburton Company -- USA Stock  

USD 52.85  0.16  0.3%

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

Halliburton 'What if' Analysis

December 21, 2017
No Change 0.00  0.0%
In 31 days
January 20, 2018
If you would invest  0.00  in Halliburton on December 21, 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 Baker Hughes, Cheniere Energy, Enbridge Energy, TechnipFMC plc, Magellan Midstream. 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

Macroaxis considers Halliburton not too risky given 1 month investment horizon. Halliburton holds Efficiency (Sharpe) Ratio of 0.4715 which attests that Halliburton had 0.4715% 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. By evaluating Halliburton technical indicators you can presently evaluate if the expected return of 0.5107% is justified by implied risk. Please utilize Halliburton Coefficient Of Variation of 168.78, Market Risk Adjusted Performance of 1.38 and Risk Adjusted Performance of 0.2683 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Halliburton holds performance score of 31. The company retains Market Volatility (i.e. Beta) of 0.5074 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 vital to follow to Halliburton current price history, it is good to be conservative about what you can actually 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. We have found twenty technical indicators for Halliburton which you can use to evaluate performance of the corporation. Please utilizes Halliburton Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to make a quick decision on weather Halliburton Company current trending patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.25 

Poor predictability

Halliburton Company has poor predictability. Overlapping area represents the amount of predictability between Halliburton time series from December 21, 2017 to January 5, 2018 and January 5, 2018 to January 20, 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 0.25 indicates that over 25.0% of current Halliburton price fluctuation can be explain by its past prices.
Correlation Coefficient 0.25
Spearman Rank Test 0.53
Price Variance 0.23
Lagged Price Variance 1.72

Halliburton Lagged Returns

 Regressed Prices 

Halliburton Performance vs DOW

The median price of Halliburton for the period between Thu, Dec 21, 2017 and Sat, Jan 20, 2018 is 51.63 with a coefficient of variation of 4.86. The daily time series for the period is distributed with a sample standard deviation of 2.45, arithmetic mean of 50.33, and mean deviation of 2.15. The Stock received some media coverage during the period.
Price Growth (%)  
Halliburton exotic insider transaction detected12/27/2017
Halliburton exotic insider transaction detected01/19/2018