|Horizon||30 Days Login to change|
Halliburton Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Halliburton will likely underperform.One Month Beta |Analyze Halliburton Demand TrendCheck current 30 days Halliburton correlation with market (DOW)|
β = 1.3135
Halliburton Technical Analysis
Halliburton Projected Return Density Against MarketConsidering 30-days investment horizon, the stock has beta coefficient of 1.3135 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Halliburton will likely underperform. Additionally, Halliburton Company has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Halliburton Return VolatilityHalliburton Company has volatility of 1.766% on return distribution over 30 days investment horizon. DOW inherits 0.3914% risk (volatility on return distribution) over the 30 days horizon.