If you're considering investing in Halliburton Stock, it is important to understand the factors that can impact its stock price. As of today, the current price of Halliburton is 40.79, as last reported on the 26th of September, with the highest price reaching 41.24 and the lowest price hitting 40.46 during the day. Halliburton appears to be very steady, given 3 months investment horizon. Halliburton holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had 0.22% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Halliburton, which you can use to evaluate the future volatility of the firm. Please utilize Halliburton's Risk Adjusted Performance of 0.1437, market risk adjusted performance of 0.376, and Downside Deviation of 1.23 to validate if our risk estimates are consistent with your expectations. Net Income Common Stock is expected to rise to about 1.7 B this year. Halliburton Price to Earnings Ratio are quite stable at the moment as compared to the past year. The company's current value of Price to Earnings Ratio is estimated at 24.40. Price to Sales Ratio is expected to rise to 1.77 this year, although Price to Book Value will most likely fall to 4.22. Halliburton Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.2207
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Estimated Market Risk
Halliburton Valuation on February 10, 2023
It is possible to determine the worth of Halliburton on a given historical date. On February 10, 2023 Halliburton was worth 38.08 at the beginning of the trading date compared to the closed value of 38.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Halliburton stock. Still, in general, we apply an absolute valuation method to find Halliburton's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Halliburton where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Halliburton's related companies.
Halliburton Trading Date Momentum on February 10, 2023
|On February 13 2023 Halliburton was traded for 38.75 at the closing time. Highest Halliburton's price during the trading hours was 39.72 and the lowest price during the day was 38.16 . The net volume was 6.8 M. The overall trading history on the 13th of February 2023 contributed to the next trading period price upswing. The trading delta at closing time to the next next day price was 0.65% . The trading delta at closing time to current price is 5.58% .|
Halliburton Fundamentals Correlations and TrendsBy evaluating Halliburton's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Halliburton's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Halliburton financial account trend analysis is a perfect complement when working with valuation or volatility modules.
About Halliburton Stock history
Halliburton investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Halliburton is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Halliburton will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Halliburton stock prices may prove useful in developing a viable investing in Halliburton
Halliburton Stock Technical Analysis
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.
Halliburton Period Price Range
|February 10, 2023|
Halliburton September 26, 2023 Market Strength
Market strength 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 undertsting and applying Halliburton stock market strength indicators, traders can identify Halliburton entry and exit signals to maximize returns
Halliburton Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Halliburton stock's direction in advance. Along with the technical and fundamental analysis of Halliburton Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Halliburton to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide. 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 the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Halliburton Stock analysis
When running Halliburton's 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 the 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.
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 if Halliburton is a good investment 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.