Intuit Backtesting

Intuit Inc -- USA Stock  

USD 164.29  3.45  2.06%

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
 Time Horizon     30 Days    Login   to change

Intuit 'What if' Analysis

December 21, 2017
No Change 0.00  0.0%
In 31 days
January 20, 2018
If you would invest  0.00  in Intuit on December 21, 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 

Intuit regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Intuit Inc Backtested Returns

Macroaxis considers Intuit not too risky given 1 month investment horizon. Intuit Inc holds Efficiency (Sharpe) Ratio of 0.3477 which attests that Intuit Inc had 0.3477% 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 utilize Intuit Downside Deviation of 0.6486, Market Risk Adjusted Performance of (0.44) and Risk Adjusted Performance of 0.1032 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Intuit holds performance score of 22. The company retains Market Volatility (i.e. Beta) of -0.392 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 vital to follow to Intuit Inc current price history, it is good to be conservative about what you can actually do with the information regarding 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 0.2981% will be sustainable into the future. Please utilizes Intuit Information Ratio and Downside Variance to make a quick decision on weather Intuit Inc current trending patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.75 

Good predictability

Intuit Inc has good predictability. Overlapping area represents the amount of predictability between Intuit time series from December 21, 2017 to January 5, 2018 and January 5, 2018 to January 20, 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 Inc price movement. The serial correlation of 0.75 indicates that around 75.0% of current Intuit price fluctuation can be explain by its past prices.
Correlation Coefficient 0.75
Spearman Rank Test 0.22
Price Variance 1.86
Lagged Price Variance 3.48

Intuit Lagged Returns

 Regressed Prices 

Intuit Performance vs DOW

The median price of Intuit for the period between Thu, Dec 21, 2017 and Sat, Jan 20, 2018 is 162.01 with a coefficient of variation of 1.77. The daily time series for the period is distributed with a sample standard deviation of 2.86, arithmetic mean of 161.56, and mean deviation of 2.52. The Stock received some media coverage during the period.
January 9, 2018Intuit Dividend Paid
Price Growth (%)  
Intuit Inc. Holdings Lowered by Axa12/27/2017
Acquisition by Daniel Wernikoff of 12100 shares of Intuit su...01/19/2018