Halliburton Return On Asset vs. Shares Owned By Institutions
| HAL Stock | EUR 30.08 0.30 0.99% |
For Halliburton profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Halliburton to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Halliburton utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Halliburton's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Halliburton over time as well as its relative position and ranking within its peers.
Halliburton |
Halliburton Shares Owned By Institutions vs. Return On Asset Fundamental Analysis
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. Halliburton is rated below average in return on asset category among its peers. It is rated below average in shares owned by institutions category among its peers producing about 1,032 of Shares Owned By Institutions per Return On Asset. 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 Shares Owned By Institutions vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Halliburton |
| = | 0.0824 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Halliburton |
| = | 85.01 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Halliburton Shares Owned By Institutions Comparison
Halliburton is rated below average in shares owned by institutions category among its peers.
Halliburton Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Halliburton, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Halliburton will eventually generate negative long term returns. The profitability progress is the general direction of Halliburton's change in net profit over the period of time. It can combine multiple indicators of Halliburton, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Halliburton Company provides a range of services and products to oil and natural gas companies worldwide. Halliburton Company was founded in 1919 and is based in Houston, Texas. HALLIBURTON operates under Oil Gas Equipment Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 40000 people.
Halliburton Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Halliburton. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Halliburton position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Halliburton's important profitability drivers and their relationship over time.
Use Halliburton in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Halliburton position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Halliburton will appreciate offsetting losses from the drop in the long position's value.Halliburton Pair Trading
Halliburton Pair Trading Analysis
The ability to find closely correlated positions to Halliburton could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Halliburton when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Halliburton - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Halliburton to buy it.
The correlation of Halliburton is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Halliburton moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Halliburton moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Halliburton can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to 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.Did You Try This Idea?
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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. For more detail on how to invest in Halliburton Stock please use our How to Invest in Halliburton guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
To fully project Halliburton's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Halliburton at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Halliburton's income statement, its balance sheet, and the statement of cash flows.