QUALCOMM Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast QUALCOMM Incorporated stock prices and determine the direction of QUALCOMM Incorporated's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of QUALCOMM Incorporated's historical fundamentals, such as revenue growth or operating cash flow patterns.
QUALCOMM
At present, QUALCOMM Incorporated's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 7 B, whereas Total Current Liabilities is forecasted to decline to about 8.8 B.
On October 9, 2024 QUALCOMM Incorporated had Daily Balance Of Power of 0.9333. Balance of Power indicator (or BOP) measures the strength of QUALCOMM Incorporated market sensitivity to bulls and bears. It estimates the ability of QUALCOMM Incorporated buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring QUALCOMM Incorporated Balance of Power indicator one can determine a trend of the price direction.
On October 10 2024 QUALCOMM Incorporated was traded for 22.75 at the closing time. The highest price during the trading period was 22.79 and the lowest recorded bid was listed for 22.40 . The volume for the day was 5.7 K. This history from October 10, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.09% . The trading delta at closing time to the current price is 3.83% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Other Forecasting Options for QUALCOMM Incorporated
For every potential investor in QUALCOMM, whether a beginner or expert, QUALCOMM Incorporated's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. QUALCOMM Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in QUALCOMM. Basic forecasting techniques help filter out the noise by identifying QUALCOMM Incorporated's price trends.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with QUALCOMM Incorporated stock to make a market-neutral strategy. Peer analysis of QUALCOMM Incorporated could also be used in its relative valuation, which is a method of valuing QUALCOMM Incorporated by comparing valuation metrics with similar companies.
QUALCOMM Incorporated Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of QUALCOMM Incorporated's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of QUALCOMM Incorporated's current price.
Market strength indicators help investors to evaluate how QUALCOMM Incorporated stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading QUALCOMM Incorporated shares will generate the highest return on investment. By undertsting and applying QUALCOMM Incorporated stock market strength indicators, traders can identify QUALCOMM Incorporated entry and exit signals to maximize returns.
The analysis of QUALCOMM Incorporated's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in QUALCOMM Incorporated's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting qualcomm stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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.
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.
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:
For information on how to trade QUALCOMM Stock refer to our How to Trade QUALCOMM Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.