NOV vs. HAL
Compare and contrast key facts about National Oilwell Varco, Inc. (NOV) and Halliburton Company (HAL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOV or HAL.
Correlation
The correlation between NOV and HAL is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NOV vs. HAL - Performance Comparison
Key characteristics
NOV:
-0.85
HAL:
-1.20
NOV:
-1.16
HAL:
-1.80
NOV:
0.84
HAL:
0.77
NOV:
-0.42
HAL:
-0.67
NOV:
-1.55
HAL:
-1.81
NOV:
22.82%
HAL:
25.30%
NOV:
41.73%
HAL:
38.39%
NOV:
-89.77%
HAL:
-92.99%
NOV:
-83.94%
HAL:
-66.30%
Fundamentals
NOV:
$4.64B
HAL:
$18.11B
NOV:
$1.60
HAL:
$2.39
NOV:
7.65
HAL:
8.64
NOV:
0.27
HAL:
11.61
NOV:
0.52
HAL:
0.80
NOV:
0.73
HAL:
1.73
NOV:
$6.72B
HAL:
$22.56B
NOV:
$1.68B
HAL:
$4.10B
NOV:
$991.00M
HAL:
$4.06B
Returns By Period
In the year-to-date period, NOV achieves a -17.37% return, which is significantly higher than HAL's -24.03% return. Over the past 10 years, NOV has underperformed HAL with an annualized return of -13.04%, while HAL has yielded a comparatively higher -6.67% annualized return.
NOV
-17.37%
-19.95%
-21.02%
-36.79%
-0.09%
-13.04%
HAL
-24.03%
-18.19%
-24.54%
-46.01%
16.17%
-6.67%
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Risk-Adjusted Performance
NOV vs. HAL — Risk-Adjusted Performance Rank
NOV
HAL
NOV vs. HAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for National Oilwell Varco, Inc. (NOV) 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.
Dividends
NOV vs. HAL - Dividend Comparison
NOV's dividend yield for the trailing twelve months is around 2.50%, less than HAL's 3.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOV National Oilwell Varco, Inc. | 2.50% | 1.88% | 0.99% | 0.96% | 0.37% | 0.36% | 0.80% | 0.78% | 0.56% | 1.63% | 5.49% | 2.46% |
HAL Halliburton Company | 3.32% | 2.50% | 1.77% | 1.22% | 0.79% | 1.67% | 2.94% | 2.71% | 1.47% | 1.33% | 2.12% | 1.60% |
Drawdowns
NOV vs. HAL - Drawdown Comparison
The maximum NOV drawdown since its inception was -89.77%, roughly equal to the maximum HAL drawdown of -92.99%. Use the drawdown chart below to compare losses from any high point for NOV and HAL. For additional features, visit the drawdowns tool.
Volatility
NOV vs. HAL - Volatility Comparison
National Oilwell Varco, Inc. (NOV) and Halliburton Company (HAL) have volatilities of 26.69% and 26.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NOV vs. HAL - Financials Comparison
This section allows you to compare key financial metrics between National Oilwell Varco, Inc. and Halliburton Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities