Qualcomm Incorporated Stock Market Value
| QCOM Stock | USD 179.64 0.46 0.26% |
| Symbol | Qualcomm |
Qualcomm Incorporated Price To Book Ratio
Is Qualcomm Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qualcomm Incorporated. If investors know Qualcomm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qualcomm Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.357 | Dividend Share 3.2 | Earnings Share 7.51 | Revenue Per Share 32.637 | Quarterly Revenue Growth 0.012 |
The market value of Qualcomm Incorporated is measured differently than its book value, which is the value of Qualcomm that is recorded on the company's balance sheet. Investors also form their own opinion of Qualcomm Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Qualcomm Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qualcomm Incorporated's market value can be influenced by many factors that don't directly affect Qualcomm Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qualcomm Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualcomm Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualcomm Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Qualcomm Incorporated 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Qualcomm Incorporated's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Qualcomm Incorporated.
| 05/17/2022 |
| 05/06/2024 |
If you would invest 0.00 in Qualcomm Incorporated on May 17, 2022 and sell it all today you would earn a total of 0.00 from holding Qualcomm Incorporated or generate 0.0% return on investment in Qualcomm Incorporated over 720 days. Qualcomm Incorporated is related to or competes with Sunrun, and Sunnova Energy. QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless ind... More
Qualcomm Incorporated Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Qualcomm Incorporated's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Qualcomm Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | 0.1098 | |||
| Maximum Drawdown | 7.59 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 3.36 |
Qualcomm Incorporated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qualcomm Incorporated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qualcomm Incorporated's standard deviation. In reality, there are many statistical measures that can use Qualcomm Incorporated historical prices to predict the future Qualcomm Incorporated's volatility.| Risk Adjusted Performance | 0.0994 | |||
| Jensen Alpha | 0.2024 | |||
| Total Risk Alpha | 0.0691 | |||
| Sortino Ratio | 0.123 | |||
| Treynor Ratio | 0.2006 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Qualcomm Incorporated's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Qualcomm Incorporated Backtested Returns
Qualcomm Incorporated appears to be very steady, given 3 months investment horizon. Qualcomm Incorporated maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for Qualcomm Incorporated, which you can use to evaluate the volatility of the company. Please evaluate Qualcomm Incorporated's Semi Deviation of 1.7, coefficient of variation of 684.32, and Risk Adjusted Performance of 0.0994 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Qualcomm Incorporated holds a performance score of 13. The company holds a Beta of 1.54, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Qualcomm Incorporated will likely underperform. Please check Qualcomm Incorporated's jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to make a quick decision on whether Qualcomm Incorporated's historical price patterns will revert.
Auto-correlation | -0.27 |
Weak reverse predictability
Qualcomm Incorporated has weak reverse predictability. Overlapping area represents the amount of predictability between Qualcomm Incorporated time series from 17th of May 2022 to 12th of May 2023 and 12th of May 2023 to 6th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Qualcomm Incorporated price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Qualcomm Incorporated price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 521.76 |
Qualcomm Incorporated lagged returns against current returns
Autocorrelation, which is Qualcomm Incorporated stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Qualcomm Incorporated's stock expected returns. We can calculate the autocorrelation of Qualcomm Incorporated returns to help us make a trade decision. For example, suppose you find that Qualcomm Incorporated has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Qualcomm Incorporated regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Qualcomm Incorporated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qualcomm Incorporated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qualcomm Incorporated stock over time.
Current vs Lagged Prices |
| Timeline |
Qualcomm Incorporated Lagged Returns
When evaluating Qualcomm Incorporated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qualcomm Incorporated stock have on its future price. Qualcomm Incorporated autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Qualcomm Incorporated autocorrelation shows the relationship between Qualcomm Incorporated stock current value and its past values and can show if there is a momentum factor associated with investing in Qualcomm Incorporated.
Regressed Prices |
| Timeline |
Qualcomm Incorporated Investors Sentiment
The influence of Qualcomm Incorporated's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Qualcomm. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Qualcomm Incorporated's public news can be used to forecast risks associated with an investment in Qualcomm. The trend in average sentiment can be used to explain how an investor holding Qualcomm can time the market purely based on public headlines and social activities around Qualcomm Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Qualcomm Incorporated's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Qualcomm Incorporated's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Qualcomm Incorporated's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Qualcomm Incorporated.
Qualcomm Incorporated Implied Volatility | 28.49 |
Qualcomm Incorporated's implied volatility exposes the market's sentiment of Qualcomm Incorporated stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Qualcomm Incorporated's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Qualcomm Incorporated stock will not fluctuate a lot when Qualcomm Incorporated's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Qualcomm Incorporated in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Qualcomm Incorporated's short interest history, or implied volatility extrapolated from Qualcomm Incorporated options trading.
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Check out Qualcomm Incorporated Correlation, Qualcomm Incorporated Volatility and Qualcomm Incorporated Alpha and Beta module to complement your research on Qualcomm Incorporated. To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Qualcomm Stock analysis
When running Qualcomm Incorporated's price analysis, check to measure Qualcomm Incorporated'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 Qualcomm Incorporated is operating at the current time. Most of Qualcomm Incorporated's value examination focuses on studying past and present price action to predict the probability of Qualcomm Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qualcomm Incorporated's price. Additionally, you may evaluate how the addition of Qualcomm Incorporated to your portfolios can decrease your overall portfolio volatility.
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Qualcomm Incorporated technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.