Intuit Stock Forward View - Simple Exponential Smoothing

INTU Stock  USD 459.98  0.00  0.00%   
The Simple Exponential Smoothing forecast reference data for Intuit Inc is based on the equity's recent trading history. Forecast values and accuracy indicators are summarized on this page for reference. This reference information is provided for analytical context.
The Simple Exponential Smoothing forecasted value of Intuit Inc on the next trading day is expected to be 459.98 with a mean absolute deviation of 12.10 and the sum of the absolute errors of 725.74.This simple exponential smoothing model begins by setting Intuit Inc forecast for the second period equal to the observation of the first period. In other words, recent Intuit observations are given relatively more weight in forecasting than the older observations. The Simple Exponential Smoothing projections for Intuit Inc are reference data based on historical daily prices and are provided as informational context.
Intuit simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Intuit Inc are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Intuit Inc prices get older.

Simple Exponential Smoothing Price Forecast For the 24th of March

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Intuit Inc on the next trading day is expected to be 459.98 with a mean absolute deviation of 12.10 , mean absolute percentage error of 253.56 , and the sum of the absolute errors of 725.74 .
Please note that although there have been many attempts to predict Intuit Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Intuit's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Stock Forecast Pattern

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Forecasted Value

Forecasting Intuit Inc for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The current forecast range spans downside near 456.80 and upside near 463.15.
Market Value
459.98
456.80
Downside
459.98
Expected Value
463.15
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Intuit stock data series using in forecasting. Note that when a statistical model is used to represent Intuit stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria121.8082
BiasArithmetic mean of the errors 3.5603
MADMean absolute deviation12.0957
MAPEMean absolute percentage error0.0254
SAESum of the absolute errors725.745
This simple exponential smoothing model begins by setting Intuit Inc forecast for the second period equal to the observation of the first period. In other words, recent Intuit observations are given relatively more weight in forecasting than the older observations.

Other Forecasting Options for Intuit

Volatility clustering is a well-documented feature of Intuit Stock price data where periods of large moves tend to follow other large moves. When Intuit's RSI reaches extreme levels, it often precedes a short-term price correction or consolidation. Seasonal patterns in Intuit's returns can persist when driven by structural factors like earnings calendars or index rebalancing.

Intuit Related Equities

These stocks within the Information Technology space are often compared to Intuit by analysts and fund managers in the sector. Growth rate gaps between Intuit and its peers often explain pricing differences in the market.
 Risk & Return  Correlation

Intuit Market Strength Events

Analyzing market strength indicators for Intuit enables investors to understand relative stock momentum. Investors use these tools to determine the best times to initiate or close positions in Intuit Inc. Market strength indicators support more precise timing of Intuit Inc positions across market cycles.

Intuit Risk Indicators

Identifying and analyzing Intuit's key risk indicators is a foundational step in projecting how its price may evolve. This process involves measuring the level of investment risk in Intuit's and determining how best to manage it. Studying Intuit's risk indicators helps investors understand the risk level of intuit stock.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for Intuit

The amount of media and story coverage tied to Intuit Inc can signal where market attention is concentrating at the moment. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.

Intuit Short Properties

Short-interest signals around Intuit Inc can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
Common Stock Shares Outstanding283 M
Cash And Short Term Investments4.6 B

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