Halliburton Stock Forward View - Simple Regression
| HAL Stock | MXN 593.49 0.26 0.04% |
Halliburton Stock outlook is based on your current time horizon.
At this time, The value of RSI of Halliburton's share price is at 55. This usually indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Halliburton, making its price go up or down. Momentum 55
Impartial
Oversold | Overbought |
Using Halliburton hype-based prediction, you can estimate the value of Halliburton from the perspective of Halliburton response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Halliburton on the next trading day is expected to be 615.49 with a mean absolute deviation of 16.35 and the sum of the absolute errors of 1,013. Halliburton after-hype prediction price | MXN 593.49 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Halliburton |
Halliburton Additional Predictive Modules
Most predictive techniques to examine Halliburton price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Halliburton using various technical indicators. When you analyze Halliburton charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Halliburton Simple Regression Price Forecast For the 26th of February
Given 90 days horizon, the Simple Regression forecasted value of Halliburton on the next trading day is expected to be 615.49 with a mean absolute deviation of 16.35, mean absolute percentage error of 431.05, and the sum of the absolute errors of 1,013.Please note that although there have been many attempts to predict Halliburton Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Halliburton's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Halliburton Stock Forecast Pattern
| Backtest Halliburton | Halliburton Price Prediction | Research Analysis |
Halliburton Forecasted Value
In the context of forecasting Halliburton's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Halliburton's downside and upside margins for the forecasting period are 612.86 and 618.13, respectively. We have considered Halliburton's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Halliburton stock data series using in forecasting. Note that when a statistical model is used to represent Halliburton stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 126.0146 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 16.3457 |
| MAPE | Mean absolute percentage error | 0.0303 |
| SAE | Sum of the absolute errors | 1013.4325 |
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 After-Hype Price Density Analysis
As far as predicting the price of Halliburton at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Halliburton or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Halliburton, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Halliburton Estimiated After-Hype Price Volatility
In the context of predicting Halliburton's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Halliburton's historical news coverage. Halliburton's after-hype downside and upside margins for the prediction period are 590.85 and 596.13, respectively. We have considered Halliburton's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Halliburton is very steady at this time. Analysis and calculation of next after-hype price of Halliburton is based on 3 months time horizon.
Halliburton Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Halliburton is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Halliburton backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Halliburton, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.41 | 2.64 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
593.49 | 593.49 | 0.00 |
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Halliburton Hype Timeline
Halliburton is currently traded for 593.49on Mexican Exchange of Mexico. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Halliburton is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at 0.41%. %. The volatility of related hype on Halliburton is about 0.0%, with the expected price after the next announcement by competition of 593.49. About 86.0% of the company shares are owned by institutional investors. The book value of Halliburton was currently reported as 8.81. The company has Price/Earnings To Growth (PEG) ratio of 0.84. Halliburton recorded earning per share (EPS) of 32.51. The entity last dividend was issued on the 28th of February 2023. Assuming the 90 days trading horizon the next expected press release will be in a few days. Check out Historical Fundamental Analysis of Halliburton to cross-verify your projections. For more information on how to buy Halliburton Stock please use our How to Invest in Halliburton guide.Halliburton Related Hype Analysis
Having access to credible news sources related to Halliburton's direct competition is more important than ever and may enhance your ability to predict Halliburton's future price movements. Getting to know how Halliburton's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Halliburton may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NOV | NOV Inc | 0.00 | 0 per month | 0.00 | 0.09 | 0.00 | 0.00 | 25.68 | |
| COST | Costco Wholesale | 0.00 | 0 per month | 1.08 | (0.01) | 2.45 | (1.70) | 5.62 | |
| CTSH | Cognizant Technology Solutions | 0.00 | 0 per month | 0.00 | 0.03 | 0.00 | 0.00 | 14.34 | |
| BOLSAA | Bolsa Mexicana de | 0.00 | 0 per month | 1.59 | 0 | 3.47 | (2.55) | 12.38 | |
| TERRA13 | Fibra Terrafina | 0.00 | 0 per month | 1.21 | 0.06 | 2.93 | (2.47) | 17.71 | |
| FIBRAMQ12 | FIBRA Macquarie Mxico | 0.00 | 0 per month | 0.45 | 0.21 | 2.37 | (1.50) | 6.84 | |
| BIMBOA | Grupo Bimbo SAB | 0.00 | 0 per month | 1.52 | 0.01 | 3.41 | (2.33) | 9.87 |
Other Forecasting Options for Halliburton
For every potential investor in Halliburton, whether a beginner or expert, Halliburton's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Halliburton Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Halliburton. Basic forecasting techniques help filter out the noise by identifying Halliburton's price trends.Halliburton Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Halliburton stock to make a market-neutral strategy. Peer analysis of Halliburton could also be used in its relative valuation, which is a method of valuing Halliburton by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Halliburton Market Strength Events
Market strength indicators help investors to evaluate how Halliburton stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Halliburton shares will generate the highest return on investment. By undertsting and applying Halliburton stock market strength indicators, traders can identify Halliburton entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 593.49 | |||
| Day Typical Price | 593.49 | |||
| Price Action Indicator | (0.13) | |||
| Period Momentum Indicator | (0.26) | |||
| Relative Strength Index | 55.86 |
Halliburton Risk Indicators
The analysis of Halliburton's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Halliburton's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting halliburton stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.75 | |||
| Semi Deviation | 1.95 | |||
| Standard Deviation | 2.77 | |||
| Variance | 7.68 | |||
| Downside Variance | 10.72 | |||
| Semi Variance | 3.79 | |||
| Expected Short fall | (3.10) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Halliburton
The number of cover stories for Halliburton depends on current market conditions and Halliburton's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Halliburton is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Halliburton's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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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.