Intuit Inc (INTU) — Stock Correlations & Overview
Over the past year, INTU has moved most closely with WDAY, ADBE, ADBG. Explore the stocks most correlated and inversely correlated with INTU below, along with its price, financials, and company profile.
Stocks correlated with INTU
Correlation of daily returns. Higher positive values move with INTU; negative values move opposite it. Informational only, not investment advice.
Most correlated with INTU
| Symbol | Company | Correlation |
|---|---|---|
| WDAY | Workday, Inc. Class A Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | 0.73 |
| ADBE | Adobe Inc.SERVICES-PREPACKAGED SOFTWARE | 0.69 |
| ADBG | Leverage Shares 2X Long ADBE Daily ETF | 0.69 |
| NOW | SERVICENOW, INC.SERVICES-PREPACKAGED SOFTWARE | 0.67 |
| WCLD | WisdomTree Cloud Computing Fund | 0.67 |
Most inversely correlated with INTU
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.44 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.42 |
| VOLT | Tema Electrification ETFSERVICES-HELP SUPPLY SERVICES | -0.39 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.38 |
| ZAP | Global X U.S. Electrification ETF | -0.38 |
Frequently asked questions about INTU correlations
- Which stocks are most correlated with INTU?
- Based on one year of daily returns, the stocks most correlated with Intuit Inc (INTU) are WDAY (0.73), ADBE (0.69) and ADBG (0.69). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with INTU?
- Over the past year, the stocks most inversely correlated with Intuit Inc (INTU) are HDGE (-0.44), DWSH (-0.42) and VOLT (-0.39). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these INTU correlations calculated?
- We compute the correlation of daily returns between INTU and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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