Halliburton Competitors

Stocks . Germany . 
Stock . Halliburton
HAL Stock   27.72  0.22  0.79%   
Halliburton competes with Tenaris SA, NOV, SIVERS SEMICONDUCTORS, NorAm Drilling, and Norsk Hydro; as well as few others. The company operates under Energy sector and is part of Oil & Gas Equipment & Services industry. Analyzing Halliburton competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Halliburton to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Halliburton Correlation with its peers.
For more information on how to buy Halliburton Stock please use our How to Invest in Halliburton guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Halliburton competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Halliburton's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
25.8427.9430.04
Details
Intrinsic
Valuation
LowRealHigh
23.8725.9728.07
Details
Naive
Forecast
LowNextHigh
23.0725.1727.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.4227.7328.04
Details

Halliburton Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Halliburton and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Halliburton and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Halliburton does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
RS6
+ 0.82
TW1
3RKU
+ 0.71
TW1
RS6
+ 0.68
NO8
2DG
+ 0.67
8SP
RS6
+ 0.65
NOH1
9K1
+ 0.61
2DG
  
High negative correlations   
RS6
- 0.91
2DG
9K1
- 0.84
TW1
3RKU
- 0.82
9K1
2DG
- 0.82
TW1
8SP
- 0.73
TW1
RS6
- 0.69
8SP

Risk-Adjusted Indicators

There is a big difference between Halliburton Stock performing well and Halliburton Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Halliburton's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
TW1  1.13  0.43  0.28  0.42  0.72 
(1.63)
 2.71 
(2.04)
 12.47 
NO8  1.42 (0.04) 0.00 (0.34) 0.00 
 0.00 
 3.29 
(3.19)
 9.99 
8SP  2.09 (0.09) 0.00 (3.90) 0.00 
 0.00 
 3.36 
(3.96)
 20.22 
2DG  4.86 (1.33) 0.00 (0.44) 0.00 
 0.00 
 9.09 
(10.00)
 52.42 
TM9  2.75  0.10  0.00  0.47  4.24 
(3.07)
 5.56 
(6.43)
 36.50 
NOH1  2.04  0.41  0.14 (1.60) 1.72 
(2.69)
 6.61 
(3.25)
 12.96 
RS6  1.32  0.19  0.10  0.42  1.15 
(1.57)
 2.94 
(2.03)
 13.65 
XYTA  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
9K1  1.65 (0.37) 0.00  2.66  0.00 
 0.00 
 2.94 
(4.62)
 14.80 
3RKU  1.52  0.37  0.16  1.31  1.27 
(2.09)
 3.25 
(2.40)
 9.52 
All Fundamental Data

Halliburton Competitive Analysis

The better you understand Halliburton competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Halliburton's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Halliburton's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
HAL TW1 NO8 8SP 2DG TM9 NOH1 RS6 XYTA 9K1
 0.79 
 27.72 
Halliburton
 1.10 
 36.00 
Tenaris
 0.71 
 14.19 
NOV
 0.92 
 4.40 
Superior
 5.88 
 0.16 
SIVERS
 2.03 
 2.89 
NorAm
 2.72 
 5.72 
Norsk
 1.01 
 290.90 
Reliance
 0.00 
 0 
CHINA
 4.62 
 1.65 
NORDIC
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Not too volatile
Relatively risky
Out of control
Very risky
Slightly risky
Very steady
Out of control
Very risky
Market Performance
(90 Days Performance)
Modest
Strong
Very Weak
Very Weak
Very Weak
Modest
OK
OK
Good
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Quite High
Quite High
Low
Low
Low
Average
About Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Under Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Strong Buy
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Sell
Strong Buy
Strong Sell
Strong Sell
Current Ratio
N/A
2.94
3.3
1.33
3.67
3.69
1.77
4.06
0.67
N/A
Net Asset
23.25 B
17.55 B
10.13 B
4.48 B
N/A
N/A
198.62 B
10.33 B
N/A
N/A
Profit Margin
0.0775
0.22
0.0214
-0.0333
-0.89
19.03
0.12
0.11
-2.08
N/A
EBITDA
3.4 B
3.82 B
617 M
202.9 M
N/A
609.06 M
42.55 B
2.73 B
47.39 M
N/A
Operating Margin
0.15
0.25
0.054
0.0049
N/A
19.53
0.24
0.15
0.11
N/A
Current Valuation
35 B
18.22 B
8.84 B
2.78 B
N/A
5.37 B
13.26 B
12.83 B
N/A
N/A
Price To Book
4.09
1.46
1.61
1.76
N/A
0.99
1.48
1.78
N/A
N/A
Five Year Return
N/A
2.95
1.96
5.75
N/A
N/A
3.02
1.9
N/A
N/A
Beta
2.14
1.58
1.89
0.86
0.86
-0.26
1.4
0.89
0.55
N/A
Number Of Employees
45 K
25.29 K
32.31 K
28
130
5.8 K
32.01 K
10
153
N/A
Shares Outstanding
904.12 M
590.27 M
392.83 M
200.7 M
210.89 M
88.28 M
2.04 B
58.79 M
4.77 B
N/A
Cash Flow From Operations
2.24 B
1.17 B
(179 M)
248.7 M
N/A
469.32 M
29.39 B
2.12 B
3.06 M
N/A
Annual Yield
0.0174
0.0303
0.0092
0.0662
N/A
N/A
0.0738
0.0163
N/A
N/A
Total Debt
7.93 B
46.43 M
1.72 B
1.91 B
N/A
3.1 B
1.78 B
1.14 B
3.63 B
N/A
Return On Equity
0.22
0.2
0.0304
-0.0634
-0.18
11.03
0.25
0.28
N/A
N/A
Z Score
1.8
N/A
2.4
N/A
N/A
0.6
5.8
8.2
N/A
N/A
Return On Asset
0.0824
0.12
0.0248
0.0026
-0.11
3.0
0.17
0.16
0.0117
N/A
Book Value Per Share
8.81
5.89
12.97
5.52
0.24
41.02
50.16
120.56
-2.42
N/A
Total Asset
23.25 B
17.55 B
10.13 B
4.48 B
N/A
N/A
198.62 B
10.33 B
N/A
N/A
Last Dividend Paid
0.48
0.51
0.2
0.72
N/A
0.89
5.65
3.5
N/A
N/A
Debt To Equity
N/A
9.2
24.0
163.2
0.088
85.3
31.3
49.0
N/A
N/A
Target Price
N/A
25.65
25.37
N/A
N/A
N/A
N/A
181.17
N/A
N/A
Shares Owned By Institutions
85.01
11.3
94.92
36.16
25.26
99.66
43.18
83.58
N/A
N/A
Market Capitalization
31.48 B
18.25 B
8.18 B
1.54 B
146.56 M
3.58 B
14.57 B
13.85 B
39.16 M
N/A
Price To Earnings To Growth
0.87
4.6
-26.67
N/A
N/A
N/A
0.52
N/A
N/A
N/A
Price To Earning
N/A
12.08
N/A
30.24
N/A
9.37
5.51
8.86
N/A
N/A
Price To Sales
1.69
1.81
1.11
0.46
N/A
1.77
0.0646
0.65
N/A
N/A
Net Income
1.59 B
2.55 B
155 M
(112.5 M)
N/A
384.46 M
24.15 B
1.84 B
(333.9 M)
N/A
Earnings Per Share
1.63
4.1
0.37
-0.4
-0.082
4.34
1.09
28.2
-0.006
N/A
Shares Owned By Insiders
0.26
N/A
0.63
0.35
31.21
0.34
35.49
0.86
51.82
N/A
Revenue
20.3 B
11.76 B
7.24 B
3.38 B
N/A
2.02 B
207.93 B
17.02 B
232.34 M
N/A
Cash And Equivalents
N/A
1.56 B
1.27 B
33.45 M
N/A
1.29 B
986.39 M
133.6 M
6.01 M
N/A
Cash Per Share
N/A
2.65
3.29
0.19
N/A
14.66
0.48
1.99
N/A
N/A
Gross Profit
3.24 B
4.89 B
1.41 B
1.15 B
116.46 M
1.15 B
78.56 B
5.26 B
53.08 M
N/A
Day Typical Price
27.67
36.2
14.19
4.39
0.16
2.91
5.7
290.9
0.0015
1.68
Accumulation Distribution
1.16
0.0164
N/A
0.0091
N/A
0.76
6.85
N/A
N/A
0.0571
Market Facilitation Index
7.0E-4
0.6
N/A
0.04
N/A
0.0036
1.0E-4
N/A
N/A
0.1
Daily Balance Of Power
(1.47)
(0.67)
9.2 T
1.0
(9,223,372,036,855)
(0.67)
(2.29)
9.2 T
0.0
(0.80)
Period Momentum Indicator
(0.22)
(0.40)
0.1
0.04
(0.01)
(0.06)
(0.16)
2.9
N/A
(0.08)
Rate Of Daily Change
0.99
0.99
1.01
1.01
0.94
0.98
0.97
1.01
1.0
0.95
Day Median Price
27.65
36.3
14.19
4.38
0.16
2.92
5.69
290.9
0.0015
1.7
Price Action Indicator
(0.04)
(0.50)
0.05
0.04
(0.01)
(0.06)
(0.04)
1.45
N/A
(0.09)
Relative Strength Index
65.94
81.37
57.65
47.44
35.05
40.74
59.19
69.19
44.82
33.43
Coefficient Of Variation
1309.75
291.35
(11,080)
(4,299)
(774.57)
3443.1
722.51
770.27
N/A
(603.62)
Mean Deviation
1.5
1.13
1.42
2.09
4.86
2.75
2.04
1.32
N/A
1.65
Jensen Alpha
0.0267
0.4321
(0.04)
(0.09)
(1.33)
0.1023
0.4088
0.1853
N/A
(0.37)
Total Risk Alpha
(0.18)
0.3145
(0.33)
(0.62)
(2.33)
(0.66)
(0.07)
(0.07)
N/A
(0.75)
Sortino Ratio
0.0167
0.2799
N/A
N/A
N/A
0.0044
0.1357
0.102
N/A
N/A
Downside Variance
4.14
2.92
N/A
N/A
N/A
22.05
3.87
1.9
N/A
N/A
Standard Deviation
2.07
1.76
1.91
3.37
8.08
5.0
2.83
2.04
N/A
2.29
Kurtosis
2.51
10.77
1.27
10.92
11.92
7.85
2.23
14.01
N/A
2.22
Potential Upside
2.91
2.71
3.29
3.36
9.09
5.56
6.61
2.94
N/A
2.94
Treynor Ratio
0.1396
0.4222
(0.34)
(3.90)
(0.44)
0.4689
(1.60)
0.418
N/A
2.66
Maximum Drawdown
12.29
12.47
9.99
20.22
52.42
36.5
12.96
13.65
N/A
14.8
Variance
4.3
3.09
3.65
11.38
65.28
25.02
8.0
4.17
N/A
5.25
Market Risk Adjusted Performance
0.1496
0.4322
(0.33)
(3.89)
(0.43)
0.4789
(1.59)
0.428
N/A
2.67
Risk Adjusted Performance
0.0617
0.2538
(0.0003)
(0.01)
(0.08)
0.0295
0.1074
0.1002
N/A
(0.11)
Skewness
0.5874
2.05
0.619
(0.72)
(1.58)
1.26
1.2
2.75
N/A
(0.27)
Semi Deviation
1.92
0.717
N/A
N/A
N/A
4.24
1.72
1.15
N/A
N/A
Information Ratio
0.0163
0.2724
(0.07)
(0.06)
(0.14)
0.0042
0.0944
0.0689
N/A
(0.22)
Value At Risk
(3.12)
(2.04)
(3.19)
(3.96)
(10.00)
(6.43)
(3.25)
(2.03)
N/A
(4.62)
Expected Short fall
(1.49)
(1.63)
N/A
N/A
N/A
(3.07)
(2.69)
(1.57)
N/A
N/A
Downside Deviation
2.03
1.71
N/A
N/A
N/A
4.7
1.97
1.38
N/A
N/A
Semi Variance
3.69
0.5141
N/A
N/A
N/A
18.01
2.97
1.32
N/A
N/A

Halliburton Competition Performance Charts

Five steps to successful analysis of Halliburton Competition

Halliburton's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Halliburton in relation to its competition. Halliburton's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Halliburton in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Halliburton's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Halliburton, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Halliburton position

In addition to having Halliburton in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Restaurants
Restaurants Theme
Entities that are involved in restaurant business, as well as coffee shop chains and other eateries. The Restaurants theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Restaurants Theme or any other thematic opportunities.
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Additional 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.
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