Intuit (Mexico) Market Value
| INTU Stock | MXN 12,849 817.42 5.98% |
| Symbol | Intuit |
Intuit 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Intuit's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Intuit.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in Intuit on January 3, 2023 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 720 days. Intuit is related to or competes with United States, Verizon Communications, KB Home, Genworth Financial, First Republic, Capital One, and United Airlines. Intuit Inc. provides financial management and compliance products and services for small businesses, consumers, self-emp... More
Intuit Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Intuit's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Intuit Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.0 | |||
| Information Ratio | 0.0257 | |||
| Maximum Drawdown | 13.84 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 4.76 |
Intuit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intuit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intuit's standard deviation. In reality, there are many statistical measures that can use Intuit historical prices to predict the future Intuit's volatility.| Risk Adjusted Performance | 0.0381 | |||
| Jensen Alpha | 0.0848 | |||
| Total Risk Alpha | 0.0169 | |||
| Sortino Ratio | 0.0193 | |||
| Treynor Ratio | (0.38) |
Intuit Inc Backtested Returns
At this stage we consider Intuit Stock to be very steady. Intuit Inc holds Efficiency (Sharpe) Ratio of 0.0395, which attests that the entity had a 0.0395% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Intuit Inc, which you can use to evaluate the volatility of the firm. Please check out Intuit's Market Risk Adjusted Performance of (0.37), downside deviation of 3.0, and Risk Adjusted Performance of 0.0381 to validate if the risk estimate we provide is consistent with the expected return of 0.0908%. Intuit has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Intuit are expected to decrease at a much lower rate. During the bear market, Intuit is likely to outperform the market. Intuit Inc right now retains a risk of 2.3%. Please check out Intuit maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Intuit will be following its current trending patterns.
Auto-correlation | 0.85 |
Very good predictability
Intuit Inc has very good predictability. Overlapping area represents the amount of predictability between Intuit time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd of December 2024. 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 0.85 indicates that around 85.0% of current Intuit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 M |
Intuit Inc lagged returns against current returns
Autocorrelation, which is Intuit stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Intuit's stock expected returns. We can calculate the autocorrelation of Intuit returns to help us make a trade decision. For example, suppose you find that Intuit has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Intuit regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Intuit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intuit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intuit stock over time.
Current vs Lagged Prices |
| Timeline |
Intuit Lagged Returns
When evaluating Intuit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intuit stock have on its future price. Intuit autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Intuit autocorrelation shows the relationship between Intuit stock current value and its past values and can show if there is a momentum factor associated with investing in Intuit Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Intuit Stock Analysis
When running Intuit's price analysis, check to measure Intuit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Intuit is operating at the current time. Most of Intuit's value examination focuses on studying past and present price action to predict the probability of Intuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intuit's price. Additionally, you may evaluate how the addition of Intuit to your portfolios can decrease your overall portfolio volatility.