QUALCOMM Intangible Assets from 2010 to 2026
| QCOM Stock | 18.44 0.23 1.26% |
Intangible Assets | First Reported 2010-12-31 | Previous Quarter 1.1 B | Current Value 1.2 B | Quarterly Volatility 164.1 M |
Check QUALCOMM Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QUALCOMM Incorporated's main balance sheet or income statement drivers, such as Tax Provision of 193.2 M, Interest Income of 815.1 M or Interest Expense of 671 M, as well as many indicators such as . QUALCOMM financial statements analysis is a perfect complement when working with QUALCOMM Incorporated Valuation or Volatility modules.
QUALCOMM | Intangible Assets |
Analyzing QUALCOMM Incorporated's Intangible Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Intangible Assets has evolved provides context for assessing QUALCOMM Incorporated's current valuation and future prospects.
Latest QUALCOMM Incorporated's Intangible Assets Growth Pattern
Below is the plot of the Intangible Assets of QUALCOMM Incorporated over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. QUALCOMM Incorporated's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in QUALCOMM Incorporated's overall financial position and show how it may be relating to other accounts over time.
| Intangible Assets | 10 Years Trend |
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Intangible Assets |
| Timeline |
QUALCOMM Intangible Assets Regression Statistics
| Arithmetic Mean | 1,419,647,059 | |
| Geometric Mean | 1,410,981,128 | |
| Coefficient Of Variation | 11.56 | |
| Mean Deviation | 104,027,682 | |
| Median | 1,458,000,000 | |
| Standard Deviation | 164,082,411 | |
| Sample Variance | 26923T | |
| Range | 762.4M | |
| R-Value | (0.43) | |
| Mean Square Error | 23357.5T | |
| R-Squared | 0.19 | |
| Significance | 0.08 | |
| Slope | (14,038,235) | |
| Total Sum of Squares | 430768.6T |
QUALCOMM Intangible Assets History
About QUALCOMM Incorporated Financial Statements
QUALCOMM Incorporated stakeholders use historical fundamental indicators, such as QUALCOMM Incorporated's Intangible Assets, to determine how well the company is positioned to perform in the future. Although QUALCOMM Incorporated investors may analyze each financial statement separately, they are all interrelated. For example, changes in QUALCOMM Incorporated's assets and liabilities are reflected in the revenues and expenses on QUALCOMM Incorporated's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in QUALCOMM Incorporated. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Intangible Assets | 1.1 B | 1.2 B |
Pair Trading with QUALCOMM Incorporated
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if QUALCOMM Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in QUALCOMM Incorporated will appreciate offsetting losses from the drop in the long position's value.Moving against QUALCOMM Stock
| 0.73 | TXN | Texas Instruments CDR | PairCorr |
| 0.73 | TXN | Texas Instruments CDR | PairCorr |
| 0.69 | MU | Micron Technology | PairCorr |
| 0.61 | OMM | Omineca Mining | PairCorr |
| 0.33 | SWA | Sarama Resource | PairCorr |
The ability to find closely correlated positions to QUALCOMM Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QUALCOMM Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back QUALCOMM Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling QUALCOMM Incorporated to buy it.
The correlation of QUALCOMM Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as QUALCOMM Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QUALCOMM Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for QUALCOMM Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of QUALCOMM Incorporated Correlation against competitors. For information on how to trade QUALCOMM Stock refer to our How to Trade QUALCOMM Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.