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Forecasting Halliburton’s Stock Price

Alex Chamberlin
Forecasting Halliburton’s Stock Price

Implied volatility signals a stock’s potential price movement. Between January 22 and April 23, when Halliburton (HAL) announced its 4Q17 and 1Q18 financial results, its implied volatility rose to 24.9% from 23%, and its stock price fell 8%. HAL comprises 3.2% of the SPDR S&P Oil & Gas Equipment & Services ETF (XES), which provides exposure to the oil and gas equipment and service segment of the energy sector. XES fell 11%.  Halliburton’s seven-day stock price forecast