Halliburton Risk Analysis

Halliburton Company -- USA Stock  

USD 52.13  1.01  1.9%

Macroaxis considers Halliburton not too risky given 1 month investment horizon. Halliburton holds Efficiency (Sharpe) Ratio of 0.5814 which attests that Halliburton had 0.5814% 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 0.6913% is justified by implied risk. Please utilize Halliburton Coefficient Of Variation of 170.8, Market Risk Adjusted Performance of (0.7) and Risk Adjusted Performance of 0.2342 to validate if our risk estimates are consistent with your expectations.
 Time Horizon     30 Days    Login   to change

Halliburton Market Sensitivity

One Month Beta |Analyze Halliburton Demand Trend
Check current 30 days Halliburton correlation with market (DOW)
β = -0.9794
Halliburton llmost one BetaHalliburton Beta Legend

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 Company has beta of -0.9794 . This indicates Moreover, Halliburton Company has an alpha of 0.9131 implying that it can potentially generate 0.9131% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Considering 30-days investment horizon, the coefficient of variation of Halliburton is 172.0. The daily returns are destributed with a variance of 1.41 and standard deviation of 1.19. The mean deviation of Halliburton Company is currently at 0.93. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39
α
Alpha over DOW
=0.91
β
Beta against DOW=0.98
σ
Overall volatility
=1.19
Ir
Information ratio =0.39

Actual Return Volatility

Halliburton Company has volatility of 1.1891% on return distribution over 30 days investment horizon. DOW inherits 0.3852% 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

Totally opposite to market

Total Debt

Halliburton Total Debt History

Total Debt

Largest Trends

Halliburton Largest Period Trend

Investment Outlook

Halliburton Investment Opportunity
Halliburton Company has a volatility of 1.19 and is 3.05 times more volatile than DOW. 10% 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 10 (%) of all global equities and portfolios over the last 30 days. Use Halliburton Company to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Halliburton to be traded at $50.57 in 30 days.

Halliburton correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Halliburton Company and equity matching DJI index in the same portfolio.