Intuit Backtesting

Intuit Inc -- USA Stock  

USD 147.97  1.35  0.92%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Intuit Inc and determine expected loss or profit from investing in Intuit over given investment horizon. Please also check Intuit Hype Analysis, Intuit Correlation, Intuit Valuation, Intuit Volatility as well as analyze Intuit Alpha and Beta and Intuit Performance
Investment Horizon     30 Days    Login   to change
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Intuit 'What if' Analysis

September 23, 2017
0.00
No Change 0.00  0.0%
In 31 days
October 23, 2017
0.00
If you would invest  0.00  in Intuit on September 23, 2017 and sell it all today you would earn a total of 0.00 from holding Intuit Inc or generate 0.0% return on investment in Intuit over 30 days. Intuit is related to or competes with Fiserv, Amdocs Limited, Red Hat, Kingtone Wirelessinfo, and ManTech International. Intuit Incs Small Business segment offer QuickBooks financial and business management online services, and desktop softw...

Intuit Upside/Downside Indicators

  

Intuit Market Premium Indicators

Intuit Inc lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Intuit regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Intuit Inc Backtested Returns

We consider Intuit not too risky. Intuit Inc holds Efficiency (Sharpe) Ratio of 0.1736 which attests that Intuit Inc had 0.1736% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Intuit Inc which you can use to evaluate future volatility of the corporation. Please check out Intuit Downside Deviation of 0.7001, Market Risk Adjusted Performance of (0.62) and Risk Adjusted Performance of 0.0489 to validate if risk estimate we provide are consistent with the epected return of 0.107%. Intuit has performance score of 11 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of -0.1586 which attests that as returns on market increase, returns on owning Intuit are expected to decrease at a much smaller rate. During bear market, Intuit is likely to outperform the market.. Although it is extremely important to respect Intuit Inc current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating Intuit Inc technical indicators you can presently evaluate if the expected return of 0.107% will be sustainable into the future. Intuit Inc right now retains a risk of 0.6162%. Please check out Intuit Information Ratio and Downside Variance to decide if Intuit will be following its current trending patternss.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.13) 

Insignificant reverse predictability

Intuit Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Intuit time series from September 23, 2017 to October 8, 2017 and October 8, 2017 to October 23, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Intuit Inc price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Intuit price fluctuation can be explain by its past prices. Given that Intuit Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Intuit for similar time interval.
Correlation Coefficient -0.13
Spearman Rank Test -0.45
Price Variance 1.96
Lagged Price Variance 1.27

Intuit Lagged Returns

 Regressed Prices 
      Timeline 

Intuit Performance vs DOW

The median price of Intuit for the period between Sat, Sep 23, 2017 and Mon, Oct 23, 2017 is 144.49 with a coefficient of variation of 1.15. The daily time series for the period is distributed with a sample standard deviation of 1.66, arithmetic mean of 144.38, and mean deviation of 1.3. The Stock did not receive any noticable media coverage during the period.
October 6, 2017Intuit Dividend Paid
Price Growth (%)  
      Timeline