Qualcomm Incorporated Stock Market Value
| QCOM Stock | USD 161.44 2.88 1.75% |
| 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 0.245 | Dividend Share 3.15 | Earnings Share 7.02 | 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.
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.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Qualcomm Incorporated on March 20, 2024 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 30 days. Qualcomm Incorporated is related to or competes with Marvell Technology, Micron Technology, Advanced Micro, Intel, Taiwan Semiconductor, Broadcom, and NVIDIA. 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 | 2.02 | |||
| Information Ratio | 0.0821 | |||
| Maximum Drawdown | 9.57 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 3.99 |
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 | 0.0791 | |||
| Jensen Alpha | 0.145 | |||
| Total Risk Alpha | 0.0335 | |||
| Sortino Ratio | 0.0803 | |||
| Treynor Ratio | 0.1706 |
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
We consider Qualcomm Incorporated very steady. Qualcomm Incorporated maintains Sharpe Ratio (i.e., Efficiency) of 0.06, which implies the firm had a 0.06% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Qualcomm Incorporated, which you can use to evaluate the volatility of the company. Please check Qualcomm Incorporated's Coefficient Of Variation of 856.23, semi deviation of 1.76, and Risk Adjusted Performance of 0.0791 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Qualcomm Incorporated has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 1.3, 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. Qualcomm Incorporated right now holds a risk of 1.86%. Please check Qualcomm Incorporated value at risk, and the relationship between the jensen alpha and skewness , to decide if Qualcomm Incorporated will be following its historical price patterns.
Auto-correlation | -0.47 |
Modest reverse predictability
Qualcomm Incorporated has modest reverse predictability. Overlapping area represents the amount of predictability between Qualcomm Incorporated time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 -0.47 indicates that about 47.0% of current Qualcomm Incorporated price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 16.59 |
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 |
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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.