Qualcomm Incorporated Stock Market Value
| QCOM Stock | USD 158.82 2.03 1.29% |
| Symbol | Qualcomm |
Qualcomm Incorporated Price To Book Ratio
Is Semiconductors & Semiconductor Equipment space 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 0.941 | Dividend Share 3.3 | Earnings Share 8.94 | Revenue Per Share 34.912 | Quarterly Revenue Growth 0.187 |
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.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Qualcomm Incorporated on October 26, 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.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 11.08 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 3.34 |
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 | (0.02) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.06) |
Qualcomm Incorporated Backtested Returns
Qualcomm Incorporated maintains Sharpe Ratio (i.e., Efficiency) of -0.0563, which implies the firm had a -0.0563% return per unit of risk over the last 3 months. Qualcomm Incorporated exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qualcomm Incorporated's Variance of 5.33, coefficient of variation of (2,915), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The company holds a Beta of 1.53, 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. At this point, Qualcomm Incorporated has a negative expected return of -0.13%. Please make sure to check Qualcomm Incorporated's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Qualcomm Incorporated performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Qualcomm Incorporated has weak reverse predictability. Overlapping area represents the amount of predictability between Qualcomm Incorporated time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 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 -0.3 indicates that nearly 30.0% of current Qualcomm Incorporated price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 17.53 |
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 |
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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 |
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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 |
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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.