Halliburton Risk Analysis And Volatility Evaluation

HAL -- USA Stock  

USD 46.60  1.13  2.37%

Macroaxis considers Halliburton to be not too risky. Halliburton holds Efficiency (Sharpe) Ratio of -0.598 which attests that Halliburton had -0.598% 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-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Halliburton Risk Adjusted Performance of 0.01 to validate risk estimate we provide.
 Time Horizon     30 Days    Login   to change

Halliburton Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Halliburton Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Considering 30-days investment horizon, Halliburton has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Halliburton are completely uncorrelated. Furthermore, Halliburton CompanyIt does not look like Halliburton alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Considering 30-days investment horizon, the coefficient of variation of Halliburton is -167.23. The daily returns are destributed with a variance of 1.73 and standard deviation of 1.31. The mean deviation of Halliburton Company is currently at 1.01. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.31
Ir
Information ratio =0.39

Actual Return Volatility

Halliburton Company has volatility of 1.3145% on return distribution over 30 days investment horizon. DOW inherits 0.6066% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Halliburton Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

Halliburton Investment Opportunity
Halliburton Company has a volatility of 1.31 and is 2.15 times more volatile than DOW. 12% of all equities and portfolios are less risky than Halliburton. Compared to the overall equity markets, volatility of historical daily returns of Halliburton Company is lower than 12 (%) of all global equities and portfolios over the last 30 days.

Total Debt

Halliburton Total Debt History

Total Debt

Volatility Indicators

Halliburton Current Risk Indicators
Please also check Risk vs Return Analysis. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.