Intuit (Germany) Chance of Future Stock Price Finishing Over 578.68
| ITU Stock | EUR 611.70 4.30 0.70% |
Intuit |
Intuit Target Price Odds to finish over 578.68
The tendency of Intuit Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above € 578.68 in 90 days |
| 611.70 | 90 days | 578.68 | about 59.91 |
Based on a normal probability distribution, the odds of Intuit to stay above € 578.68 in 90 days from now is about 59.91 (This Intuit Inc probability density function shows the probability of Intuit Stock to fall within a particular range of prices over 90 days) . Probability of Intuit Inc price to stay between € 578.68 and its current price of €611.7 at the end of the 90-day period is about 38.87 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.09 . This usually indicates Intuit Inc market returns are reactive to returns on the market. As the market goes up or down, Intuit is expected to follow. Additionally Intuit Inc has an alpha of 0.0054, implying that it can generate a 0.005411 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Intuit Price Density |
| Price |
Predictive Modules for Intuit
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Intuit Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Intuit Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Intuit is not an exception. The market had few large corrections towards the Intuit's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Intuit Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Intuit within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 1.09 | |
σ | Overall volatility | 31.26 | |
Ir | Information ratio | 0.01 |
Intuit Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Intuit for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Intuit Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 87.0% of the company shares are owned by institutional investors |
Intuit Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Intuit Stock often depends not only on the future outlook of the current and potential Intuit's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Intuit's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 282.1 M |
Intuit Technical Analysis
Intuit's future price can be derived by breaking down and analyzing its technical indicators over time. Intuit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Intuit Inc. In general, you should focus on analyzing Intuit Stock price patterns and their correlations with different microeconomic environments and drivers.
Intuit Predictive Forecast Models
Intuit's time-series forecasting models is one of many Intuit's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Intuit's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Intuit Inc
Checking the ongoing alerts about Intuit for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Intuit Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 87.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Intuit Stock
When determining whether Intuit Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Intuit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Intuit Inc Stock. Highlighted below are key reports to facilitate an investment decision about Intuit Inc Stock:Check out Intuit Backtesting, Intuit Valuation, Intuit Correlation, Intuit Hype Analysis, Intuit Volatility, Intuit History as well as Intuit Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.