Halliburton Financials
| HAL Stock | EUR 28.74 0.27 0.93% |
Halliburton |
Understanding current and past Halliburton Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Halliburton's financial statements are interrelated, with each one affecting the others. For example, an increase in Halliburton's assets may result in an increase in income on the income statement.
You should never invest in Halliburton without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Halliburton Stock, because this is throwing your money away. Analyzing the key information contained in Halliburton's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Halliburton Key Financial Ratios
There are many critical financial ratios that Halliburton's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Halliburton reports annually and quarterly.Halliburton Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Halliburton's current stock value. Our valuation model uses many indicators to compare Halliburton value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Halliburton competition to find correlations between indicators driving Halliburton's intrinsic value. More Info.Halliburton is rated # 3 in current valuation category among its peers. It is rated # 2 in price to book category among its peers . The ratio of Current Valuation to Price To Book for Halliburton is about 8,749,863,247 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Halliburton's earnings, one of the primary drivers of an investment's value.Halliburton Systematic Risk
Halliburton's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Halliburton volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Halliburton correlated with the market. If Beta is less than 0 Halliburton generally moves in the opposite direction as compared to the market. If Halliburton Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Halliburton is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Halliburton is generally in the same direction as the market. If Beta > 1 Halliburton moves generally in the same direction as, but more than the movement of the benchmark.
Halliburton January 22, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Halliburton help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Halliburton. We use our internally-developed statistical techniques to arrive at the intrinsic value of Halliburton based on widely used predictive technical indicators. In general, we focus on analyzing Halliburton Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Halliburton's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.024 | |||
| Maximum Drawdown | 12.25 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 3.69 |
Additional Information and Resources on Investing in Halliburton Stock
When determining whether Halliburton is a strong investment it is important to analyze Halliburton's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Halliburton's future performance. For an informed investment choice regarding Halliburton Stock, refer to the following important reports: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 closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Halliburton Stock, please use our How to Invest in Halliburton guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.