Accenture Stock Market Value

ACN
 Stock
  

USD 299.37  13.54  4.74%   

Accenture Plc's market value is the price at which a share of Accenture Plc stock trades on a public exchange. It measures the collective expectations of Accenture Plc investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Accenture Plc and determine expected loss or profit from investing in Accenture Plc over a given investment horizon. Please continue to Accenture Plc Hype Analysis, Accenture Plc Correlation, Accenture Plc Valuation, Accenture Plc Volatility, as well as analyze Accenture Plc Alpha and Beta and Accenture Plc Performance.
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Backtest


Is Accenture Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Accenture Plc. If investors know Accenture will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Accenture Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Accenture Plc is measured differently than its book value, which is the value of Accenture that is recorded on the company's balance sheet. Investors also form their own opinion of Accenture Plc's value that differs from its market value or its book value, called intrinsic value, which is Accenture Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Accenture Plc's market value can be influenced by many factors that don't directly affect Accenture Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Accenture Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine Accenture Plc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accenture Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Accenture Plc '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 Accenture Plc'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 Accenture Plc.
0.00
05/28/2022
No Change 0.00  0.0 
In 30 days
06/27/2022
0.00
If you would invest  0.00  in Accenture Plc on May 28, 2022 and sell it all today you would earn a total of 0.00 from holding Accenture Plc or generate 0.0% return on investment in Accenture Plc over 30 days. Accenture Plc is related to or competes with Verizon Communications, Caterpillar, International Business, Exxon, Fleetcor Technologies, McDonalds Corp, and Alcoa Corp. Accenture plc, a professional services company, provides strategy and consulting, interactive, and technology and operat...More

Accenture Plc 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 Accenture Plc'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 Accenture Plc upside and downside potential and time the market with a certain degree of confidence.

Accenture Plc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Accenture Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Accenture Plc's standard deviation. In reality, there are many statistical measures that can use Accenture Plc historical prices to predict the future Accenture Plc's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Accenture Plc's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Accenture Plc in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
297.31299.64301.97
Details
Intrinsic
Valuation
LowReal ValueHigh
269.43321.98324.31
Details
Naive
Forecast
LowNext ValueHigh
288.84291.16293.49
Details
21 Analysts
Consensus
LowTarget PriceHigh
285.00401.48475.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Accenture Plc. Your research has to be compared to or analyzed against Accenture Plc's peers to derive any actionable benefits. When done correctly, Accenture Plc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Accenture Plc.

Accenture Plc Backtested Returns

Accenture Plc secures Sharpe Ratio (or Efficiency) of -0.0766, which signifies that the company had -0.0766% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Accenture Plc exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Accenture Plc risk adjusted performance of (0.06), and Mean Deviation of 1.75 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.4902, which signifies a somewhat significant risk relative to the market. Let's try to break down what Accenture's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Accenture Plc will likely underperform. Even though it is essential to pay attention to Accenture Plc historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Accenture Plc exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Accenture Plc has an expected return of -0.18%. Please be advised to confirm Accenture Plc value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall to decide if Accenture Plc performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.8  

Almost perfect reverse predictability

Accenture Plc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Accenture Plc time series from 28th of May 2022 to 12th of June 2022 and 12th of June 2022 to 27th of June 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Accenture Plc price movement. The serial correlation of -0.8 indicates that around 80.0% of current Accenture Plc price fluctuation can be explain by its past prices.
Correlation Coefficient-0.8
Spearman Rank Test-0.04
Residual Average0.0
Price Variance86.69

Accenture Plc lagged returns against current returns

Autocorrelation, which is Accenture Plc 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 Accenture Plc's stock expected returns. We can calculate the autocorrelation of Accenture Plc returns to help us make a trade decision. For example, suppose you find that Accenture Plc stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Accenture Plc 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 Accenture Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Accenture Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Accenture Plc stock over time.
 Current vs Lagged Prices 
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      Timeline 

Accenture Plc Lagged Returns

When evaluating Accenture Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Accenture Plc stock have on its future price. Accenture Plc 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, Accenture Plc autocorrelation shows the relationship between Accenture Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Accenture Plc.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Accenture Plc without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Accenture Plc

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Accenture Plc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Accenture Plc will appreciate offsetting losses from the drop in the long position's value.

Accenture Plc Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Accenture Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Accenture Plc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Accenture Plc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Accenture Plc to buy it.
The correlation of Accenture Plc is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Accenture Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Accenture Plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Accenture Plc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Accenture Plc Hype Analysis, Accenture Plc Correlation, Accenture Plc Valuation, Accenture Plc Volatility, as well as analyze Accenture Plc Alpha and Beta and Accenture Plc Performance. Note that the Accenture Plc information on this page should be used as a complementary analysis to other Accenture Plc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

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Accenture Plc technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Accenture Plc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Accenture Plc trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...