QUALCOMM INCORPORATED Odds of Future Bond Price Finishing Under 87.83
| 747525BN2 | 85.54 4.59 5.09% |
QUALCOMM |
QUALCOMM Target Price Odds to finish below 87.83
The tendency of QUALCOMM Bond 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 stay under 87.83 after 90 days |
| 85.54 | 90 days | 87.83 | about 6.2 |
Based on a normal probability distribution, the odds of QUALCOMM to stay under 87.83 after 90 days from now is about 6.2 (This QUALCOMM INCORPORATED probability density function shows the probability of QUALCOMM Bond to fall within a particular range of prices over 90 days) . Probability of QUALCOMM INCORPORATED price to stay between its current price of 85.54 and 87.83 at the end of the 90-day period is about 6.33 .
Assuming the 90 days trading horizon QUALCOMM has a beta of 0.0988. This usually implies as returns on the market go up, QUALCOMM average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding QUALCOMM INCORPORATED will be expected to be much smaller as well. Additionally QUALCOMM INCORPORATED has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. QUALCOMM Price Density |
| Price |
Predictive Modules for QUALCOMM
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 bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.QUALCOMM Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. QUALCOMM is not an exception. The market had few large corrections towards the QUALCOMM'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 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.1 | |
σ | Overall volatility | 1.40 | |
Ir | Information ratio | -0.17 |
QUALCOMM 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 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 generated a negative expected return over the last 90 days |
QUALCOMM Technical Analysis
QUALCOMM's future price can be derived by breaking down and analyzing its technical indicators over time. QUALCOMM Bond 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 Bond price patterns and their correlations with different microeconomic environments and drivers.
QUALCOMM Predictive Forecast Models
QUALCOMM's time-series forecasting models is one of many QUALCOMM's bond 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'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 bond market movement and maximize returns from investment trading.
Things to note about QUALCOMM INCORPORATED
Checking the ongoing alerts about QUALCOMM 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 generated a negative expected return over the last 90 days |
Other Information on Investing in QUALCOMM Bond
QUALCOMM financial ratios help investors to determine whether QUALCOMM Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in QUALCOMM with respect to the benefits of owning QUALCOMM security.