Intuit Backtesting

INTU -- USA Stock  

USD 211.01  1.11  0.53%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Intuit 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.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

Intuit 'What if' Analysis

July 15, 2018
0.00
No Change 0.00  0.0%
In 31 days
August 14, 2018
0.00
If you would invest  0.00  in Intuit on July 15, 2018 and sell it all today you would earn a total of 0.00 from holding Intuit or generate 0.0% return on investment in Intuit over 30 days. Intuit is related to or competes with LINE, MINDBODY, Pluralsight, Descartes Systems, Destiny Media, Datawatch, and AMER SOFTWARE. Intuit Inc. provides financial management and compliance products and services for small businesses, consumers, self-emp...

Intuit Upside/Downside Indicators

Information Ratio0.041115
Maximum Drawdown5.52
Value At Risk2.00
Potential Upside0.9801
  

Intuit Market Premium Indicators

Intuit Backtested Returns

Macroaxis considers Intuit to be not too risky. Intuit holds Efficiency (Sharpe) Ratio of -0.073 which attests that Intuit had -0.073% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Intuit exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Intuit to validate risk estimate we provide. Macroaxis gives Intuit performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Intuit are completely uncorrelated. Even though it is essential to pay attention to Intuit current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Intuit exposes twenty-one different technical indicators which can help you to evaluate its performance. Intuit has expected return of -0.0942%. Please be advised to check out Intuit Information Ratio and Downside Variance to decide if Intuit past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.31) 

Poor reverse predictability

Intuit has poor reverse predictability. Overlapping area represents the amount of predictability between Intuit time series from July 15, 2018 to July 30, 2018 and July 30, 2018 to August 14, 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 Intuit price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Intuit price fluctuation can be explain by its past prices. Given that Intuit 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 -0.31
Spearman Rank Test -0.19
Price Variance 8.63
Lagged Price Variance 17.01

Intuit lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Intuit regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Intuit Lagged Returns

 Regressed Prices 
      Timeline 

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Please also check Intuit Hype Analysis, Intuit Correlation, Intuit Valuation, Intuit Volatility as well as analyze Intuit Alpha and Beta and Intuit Performance. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.