Qualcomm Incorporated Stock Probability of Future Stock Price Finishing Under 74.87
| QCOM Stock | USD 164.32 4.26 2.53% |
Closest to current price Qualcomm long CALL Option Payoff at Expiration
Qualcomm |
Qualcomm Incorporated Target Price Odds to finish below 74.87
The tendency of Qualcomm Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 74.87 or more in 90 days |
| 164.32 | 90 days | 74.87 | near 1 |
Based on a normal probability distribution, the odds of Qualcomm Incorporated to drop to $ 74.87 or more in 90 days from now is near 1 (This Qualcomm Incorporated probability density function shows the probability of Qualcomm Stock to fall within a particular range of prices over 90 days) . Probability of Qualcomm Incorporated price to stay between $ 74.87 and its current price of $164.32 at the end of the 90-day period is about 67.74 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.21 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Qualcomm Incorporated will likely underperform. Additionally Qualcomm Incorporated has an alpha of 0.2505, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Qualcomm Incorporated Price Density |
| Price |
Predictive Modules for Qualcomm Incorporated
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Qualcomm Incorporated. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Qualcomm Incorporated is not an exception. The market had few large corrections towards the Qualcomm Incorporated's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Qualcomm Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Qualcomm Incorporated within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.25 | |
β | Beta against NYSE Composite | 1.21 | |
σ | Overall volatility | 11.42 | |
Ir | Information ratio | 0.13 |
Qualcomm Incorporated Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Qualcomm Incorporated for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Qualcomm Incorporated can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Qualcomm Incorporated has a poor financial position based on the latest SEC disclosures | |
| Over 78.0% of the company shares are owned by institutional investors | |
| On 21st of March 2024 Qualcomm Incorporated paid $ 0.8 per share dividend to its current shareholders | |
| Latest headline from gizmodo.com: Motorola Is Betting on Wood and Fake Leather to Sell Smartphones Overseas |
Qualcomm Incorporated Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Qualcomm Stock often depends not only on the future outlook of the current and potential Qualcomm Incorporated's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Qualcomm Incorporated's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Cash And Short Term Investments | 11.3 B |
Qualcomm Incorporated Technical Analysis
Qualcomm Incorporated's future price can be derived by breaking down and analyzing its technical indicators over time. Qualcomm Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Qualcomm Incorporated. In general, you should focus on analyzing Qualcomm Stock price patterns and their correlations with different microeconomic environments and drivers.
Qualcomm Incorporated Predictive Forecast Models
Qualcomm Incorporated's time-series forecasting models is one of many Qualcomm Incorporated's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Qualcomm Incorporated's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Qualcomm Incorporated
Checking the ongoing alerts about Qualcomm Incorporated for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Qualcomm Incorporated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Qualcomm Incorporated has a poor financial position based on the latest SEC disclosures | |
| Over 78.0% of the company shares are owned by institutional investors | |
| On 21st of March 2024 Qualcomm Incorporated paid $ 0.8 per share dividend to its current shareholders | |
| Latest headline from gizmodo.com: Motorola Is Betting on Wood and Fake Leather to Sell Smartphones Overseas |
Check out Qualcomm Incorporated Backtesting, Qualcomm Incorporated Valuation, Qualcomm Incorporated Correlation, Qualcomm Incorporated Hype Analysis, Qualcomm Incorporated Volatility, Qualcomm Incorporated History as well as Qualcomm Incorporated Performance. To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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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 0.245 | Dividend Share 3.15 | Earnings Share 7.01 | Revenue Per Share 32.534 | Quarterly Revenue Growth 0.05 |
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.