QUALCOMM Incorporated Return On Asset vs. Price To Sales
| QCI Stock | EUR 149.64 1.38 0.93% |
For QUALCOMM Incorporated profitability analysis, we use financial ratios and fundamental drivers that measure the ability of QUALCOMM Incorporated to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well QUALCOMM Incorporated utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between QUALCOMM Incorporated's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of QUALCOMM Incorporated over time as well as its relative position and ranking within its peers.
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QUALCOMM Incorporated Price To Sales vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining QUALCOMM Incorporated's current stock value. Our valuation model uses many indicators to compare QUALCOMM Incorporated value to that of its competitors to determine the firm's financial worth. QUALCOMM Incorporated is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in price to sales category among its peers fabricating about 14.07 of Price To Sales per Return On Asset. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the QUALCOMM Incorporated's earnings, one of the primary drivers of an investment's value.QUALCOMM Price To Sales vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 2.75 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
QUALCOMM Price To Sales Comparison
QUALCOMM Incorporated is currently under evaluation in price to sales category among its peers.
QUALCOMM Incorporated Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in QUALCOMM Incorporated, profitability is also one of the essential criteria for including it into their portfolios because, without profit, QUALCOMM Incorporated will eventually generate negative long term returns. The profitability progress is the general direction of QUALCOMM Incorporated's change in net profit over the period of time. It can combine multiple indicators of QUALCOMM Incorporated, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California. QUALCOMM INC operates under Semiconductors classification in Germany and is traded on Frankfurt Stock Exchange. It employs 35400 people.
QUALCOMM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on QUALCOMM Incorporated. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of QUALCOMM Incorporated position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the QUALCOMM Incorporated's important profitability drivers and their relationship over time.
Use QUALCOMM Incorporated in pair-trading
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.QUALCOMM Incorporated Pair Trading
QUALCOMM Incorporated Pair Trading Analysis
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.Use Investing Themes to Complement your QUALCOMM Incorporated position
In addition to having QUALCOMM Incorporated in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in QUALCOMM Stock
When determining whether QUALCOMM Incorporated is a strong investment it is important to analyze QUALCOMM Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact QUALCOMM Incorporated's future performance. For an informed investment choice regarding QUALCOMM Stock, refer to the following important reports:Check out Your Equity Center. For more detail on 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.
To fully project QUALCOMM Incorporated's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of QUALCOMM Incorporated at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include QUALCOMM Incorporated's income statement, its balance sheet, and the statement of cash flows.