INTU Backtesting

INTU -- USA Stock  

USD 178.57  1.73  0.96%

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

INTU 'What if' Analysis

February 23, 2018
No Change 0.00  0.0%
In 2 months and 2 days
April 24, 2018
If you would invest  0.00  in INTU on February 23, 2018 and sell it all today you would earn a total of 0.00 from holding INTU or generate 0.0% return on investment in INTU over 60 days. INTU is related to or competes with Fiserv, Amdocs Limited, Red Hat, Kingtone Wirelessinfo, ManTech International, and MIND CTI. Intuit Inc. provides financial management and compliance products and services for small businesses, consumers, self-emp...

INTU Upside/Downside Indicators

Downside Deviation1.4
Information Ratio0.0923
Maximum Drawdown6.16
Value At Risk2.05
Potential Upside2.74

INTU Market Premium Indicators

Risk Adjusted Performance0.0872
Jensen Alpha0.07
Total Risk Alpha0.1265
Sortino Ratio0.0958
Treynor Ratio2.37

INTU Backtested Returns

We consider INTU not too risky. INTU holds Efficiency (Sharpe) Ratio of 0.059 which attests that INTU had 0.059% of return per unit of volatility over the last 2 months. Our approach 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 INTU which you can use to evaluate future volatility of the corporation. Please check out INTU Risk Adjusted Performance of 0.0872 and Market Risk Adjusted Performance of 2.38 to validate if risk estimate we provide are consistent with the epected return of 0.0884%. INTU has performance score of 3 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.0288 which attests that as returns on market increase, INTU returns are expected to increase less than the market. However during bear market, the loss on holding INTU will be expected to be smaller as well.. Although it is extremely important to respect INTU current price history, it is better to be realistic regarding the information on equity current price movements. The approach 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 analyzing INTU technical indicators you can now evaluate if the expected return of 0.0884% will be sustainable into the future. INTU currently retains a risk of 1.4973%. Please check out INTU Market Risk Adjusted Performance, Variance as well as the relationship between Variance and Potential Upside to decide if INTU will be following its current trending patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.48 

Average predictability

INTU has average predictability. Overlapping area represents the amount of predictability between INTU time series from February 23, 2018 to March 25, 2018 and March 25, 2018 to April 24, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of INTU price movement. The serial correlation of 0.48 indicates that about 48.0% of current INTU price fluctuation can be explain by its past prices.
Correlation Coefficient 0.48
Spearman Rank Test 0.15
Price Variance 15.86
Lagged Price Variance 17.07

INTU lagged returns against current returns

 Current and Lagged Values 

INTU regressed lagged prices vs. current prices

 Current vs Lagged Prices 

INTU Lagged Returns

 Regressed Prices 

Current Sentiment - INTU

INTU Investor Sentiment
Most of Macroaxis users are currently bullish on INTU. What is your judgment towards investing in INTU? Are you bullish or bearish?
98% Bullish
2% Bearish

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Please also check INTU Hype Analysis, INTU Correlation, INTU Valuation, INTU Volatility as well as analyze INTU Alpha and Beta and INTU Performance. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.