QUALCOMM Incorporated (Argentina) Probability of Future Stock Price Finishing Over 16.29
| QCOMD Stock | USD 13.50 0.10 0.75% |
QUALCOMM |
QUALCOMM Incorporated Target Price Odds to finish over 16.29
The tendency of QUALCOMM Stock 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 move over $ 16.29 or more in 90 days |
| 13.50 | 90 days | 16.29 | near 1 |
Based on a normal probability distribution, the odds of QUALCOMM Incorporated to move over $ 16.29 or more in 90 days from now is near 1 (This QUALCOMM Incorporated probability density function shows the probability of QUALCOMM Stock to fall within a particular range of prices over 90 days) . Probability of QUALCOMM Incorporated price to stay between its current price of $ 13.50 and $ 16.29 at the end of the 90-day period is about 82.27 .
Assuming the 90 days trading horizon QUALCOMM Incorporated has a beta of 0.57 indicating as returns on the market go up, QUALCOMM Incorporated 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 Incorporated Price Density |
| Price |
Predictive Modules for QUALCOMM Incorporated
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 stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of QUALCOMM Incorporated's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
QUALCOMM Incorporated Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. QUALCOMM Incorporated is not an exception. The market had few large corrections towards the QUALCOMM Incorporated'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 Incorporated within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | -0.05 |
QUALCOMM Incorporated Technical Analysis
QUALCOMM Incorporated's future price can be derived by breaking down and analyzing its technical indicators over time. QUALCOMM Stock 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 Stock price patterns and their correlations with different microeconomic environments and drivers.
QUALCOMM Incorporated Predictive Forecast Models
QUALCOMM Incorporated's time-series forecasting models is one of many QUALCOMM Incorporated's stock 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 Incorporated'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 stock market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards QUALCOMM Incorporated in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, QUALCOMM Incorporated's short interest history, or implied volatility extrapolated from QUALCOMM Incorporated options trading.
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 QUALCOMM Incorporated Backtesting, QUALCOMM Incorporated Valuation, QUALCOMM Incorporated Correlation, QUALCOMM Incorporated Hype Analysis, QUALCOMM Incorporated Volatility, QUALCOMM Incorporated History as well as QUALCOMM Incorporated Performance. For information on how to trade QUALCOMM Stock refer to our How to Trade QUALCOMM Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.