Abstract The research aim was to identify the capabilities and limitations of tests for uncovering giftedness. The sample consisted of 103 preschoolers and students of elementary school. A comparative analysis using methods “The Creative field” and Raven's Colored Matrices was carried out. The research allowed establishing a system of correlations between different methods, reflecting such factors as educability of a child, mastering a new activity and its successful performance according to various indicators. Thus, the correlations identified point to the presence of an intellectual component in the process of mastering a new activity, but Raven's test does not reflect the factor of activity development, which is supposed to be a significant characteristic of giftedness. So the research results dispute the validity of intellectual testing methods for uncovering child's giftedness and estimating prospects of its development.