AVDL vs. HAL

Last updated Jun 3, 2026

AVDL (Avadel Pharmaceuticals plc) and HAL (Halliburton Company) are both stocks. AVDL operates in Drug Manufacturers - Specialty & Generic (Healthcare), while HAL operates in Oil & Gas Equipment & Services (Energy). At a 0.13 correlation, their price movements are largely independent.

Performance

AVDL vs. HAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avadel Pharmaceuticals plc (AVDL) and Halliburton Company (HAL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AVDL

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HAL

• 1D: 1.98%
• 1M: -3.67%
• YTD: 42.69%
• 6M: 50.80%
• 1Y: 106.05%
• 3Y*: 10.75%
• 5Y*: 12.22%
• 10Y*: 1.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVDL vs. HAL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVDL Avadel Pharmaceuticals plc	0.42%	105.04%	-25.57%	97.21%	-11.39%	20.96%	-11.52%	192.64%	-68.54%	-21.08%
HAL Halliburton Company	42.69%	7.02%	-23.19%	-6.47%	74.45%	21.99%	-21.23%	-4.90%	-44.63%	-8.18%

Correlation

The correlation between AVDL and HAL is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (10Y) Calculated over the trailing 10-year period	0.13
Correlation (All Time) Calculated using the full available price history since Jun 10, 1996	0.13

Fundamentals

Market Cap AVDL : $2.19B HAL : $33.67B
EPS AVDL : -$0.00 HAL : $1.82
PS Ratio AVDL : 8.72 HAL : 1.53
PB Ratio AVDL : 22.31 HAL : 3.11
Total Revenue (TTM) AVDL : $248.52M HAL : $22.17B
Gross Profit (TTM) AVDL : $234.76M HAL : $3.40B
EBITDA (TTM) AVDL : $10.13M HAL : $3.83B

Return for Risk

AVDL vs. HAL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HAL

HAL Risk / Return Rank: 94
HAL Sharpe Ratio Rank: 94
HAL Sortino Ratio Rank: 93
HAL Omega Ratio Rank: 90
HAL Calmar Ratio Rank: 96
HAL Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVDL vs. HAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avadel Pharmaceuticals plc (AVDL) and Halliburton Company (HAL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AVDL	HAL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.92	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.31	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.03	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.14	—

Drawdowns

Drawdown Indicators

	AVDL	HAL	Difference
Max Drawdown Largest peak-to-trough decline	—	-92.99%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-13.10%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-54.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-54.01%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-91.45%	—
Current Drawdown Current decline from peak	—	-32.28%	—
Average Drawdown Average peak-to-trough decline	—	-39.13%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.01%	—

Volatility

Volatility by Period

	AVDL	HAL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	36.54%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	40.10%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	45.97%	—

Dividends

AVDL vs. HAL - Dividend Comparison

AVDL has not paid dividends to shareholders, while HAL's dividend yield for the trailing twelve months is around 1.69%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVDL Avadel Pharmaceuticals plc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HAL Halliburton Company	1.69%	2.41%	2.50%	1.77%	1.22%	0.79%	1.67%	2.94%	2.71%	1.47%	1.33%	2.12%

Financials

Frequently Asked Questions

Can I hold both AVDL and HAL in my portfolio?

AVDL and HAL have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.