QUALCOMM Tax Provision from 2010 to 2024

QCOM Stock   21.49  0.01  0.05%   
QUALCOMM Incorporated's Tax Provision is decreasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 214.7 M. Tax Provision is the amount set aside by QUALCOMM Incorporated to cover any estimated taxes for the current period. It reflects QUALCOMM Incorporated's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
226 M
Current Value
214.7 M
Quarterly Volatility
503.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 214.7 M, Interest Income of 708.8 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.
  
This module can also supplement various QUALCOMM Incorporated Technical models . 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.

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 together with QUALCOMM Stock

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Moving against QUALCOMM Stock

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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.
Pair CorrelationCorrelation Matching
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 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.