Halliburton (Germany) Probability of Future Stock Price Finishing Under 25.05
| HAL Stock | EUR 27.52 0.43 1.54% |
Halliburton |
Halliburton Target Price Odds to finish below 25.05
The tendency of Halliburton Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to € 25.05 or more in 90 days |
| 27.52 | 90 days | 25.05 | about 8.45 |
Based on a normal probability distribution, the odds of Halliburton to drop to € 25.05 or more in 90 days from now is about 8.45 (This Halliburton probability density function shows the probability of Halliburton Stock to fall within a particular range of prices over 90 days) . Probability of Halliburton price to stay between € 25.05 and its current price of €27.52 at the end of the 90-day period is about 44.75 .
Assuming the 90 days horizon Halliburton has a beta of 0.0122. This usually indicates as returns on the market go up, Halliburton average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Halliburton will be expected to be much smaller as well. Additionally Halliburton has an alpha of 0.1592, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Halliburton Price Density |
| Price |
Predictive Modules for Halliburton
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Halliburton. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Halliburton Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Halliburton is not an exception. The market had few large corrections towards the Halliburton's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Halliburton, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Halliburton within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 1.70 | |
Ir | Information ratio | 0.03 |
Halliburton Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Halliburton for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Halliburton can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 85.0% of the company shares are owned by institutional investors |
Halliburton Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Halliburton Stock often depends not only on the future outlook of the current and potential Halliburton's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Halliburton's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 902 M |
Halliburton Technical Analysis
Halliburton's future price can be derived by breaking down and analyzing its technical indicators over time. Halliburton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Halliburton. In general, you should focus on analyzing Halliburton Stock price patterns and their correlations with different microeconomic environments and drivers.
Halliburton Predictive Forecast Models
Halliburton's time-series forecasting models is one of many Halliburton's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Halliburton's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Halliburton
Checking the ongoing alerts about Halliburton for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Halliburton help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 85.0% of the company shares are owned by institutional investors |
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 Halliburton Backtesting, Halliburton Valuation, Halliburton Correlation, Halliburton Hype Analysis, Halliburton Volatility, Halliburton History as well as Halliburton Performance. For more detail on 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.