Accenture Plc Stock Market Value

ACN Stock  USD 346.61  5.67  1.66%   
Accenture Plc's market value is the price at which a share of Accenture Plc trades on a public exchange. It measures the collective expectations of Accenture Plc investors about its performance. Accenture Plc is selling at 346.61 as of the 28th of March 2024; that is 1.66 percent up since the beginning of the trading day. The stock's open price was 340.94.
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. Check out Accenture Plc Correlation, Accenture Plc Volatility and Accenture Plc Alpha and Beta module to complement your research on Accenture Plc.
To learn how to invest in Accenture Stock, please use our How to Invest in Accenture Plc guide.
Symbol

Accenture Plc Price To Book Ratio

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.
Quarterly Earnings Growth
0.101
Dividend Share
4.99
Earnings Share
11.03
Revenue Per Share
102.561
Quarterly Revenue Growth
(0)
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 if Accenture Plc is a good investment 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
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Accenture Plc on February 27, 2024 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 NextTrip, Clarivate Plc, JPMorgan Chase, Deckers Outdoor, Thinkific Labs, WALMART, and General Electric. Accenture plc, a professional services company, provides strategy and consulting, interactive, industry X, song, and tec... 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, anticipate that 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.
Hype
Prediction
LowEstimatedHigh
339.35341.08342.81
Details
Intrinsic
Valuation
LowRealHigh
306.85343.24344.97
Details
Naive
Forecast
LowNextHigh
308.73310.45312.18
Details
27 Analysts
Consensus
LowTargetHigh
305.58335.80372.74
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 toward taking a position in Accenture Plc.

Accenture Plc Backtested Returns

We consider Accenture Plc very steady. Accenture Plc secures Sharpe Ratio (or Efficiency) of 7.0E-4, which signifies that the company had a 7.0E-4% return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Accenture Plc, which you can use to evaluate the volatility of the firm. Please confirm Accenture Plc's mean deviation of 1.11, and Risk Adjusted Performance of 0.0019 to double-check if the risk estimate we provide is consistent with the expected return of 0.0011%. The firm shows a Beta (market volatility) of 1.2, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Accenture Plc will likely underperform. Accenture Plc right now shows a risk of 1.73%. Please confirm Accenture Plc treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if Accenture Plc will be following its price patterns.

Auto-correlation

    
  -0.12  

Insignificant reverse predictability

Accenture Plc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Accenture Plc time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 2024. 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 -0.12 indicates that less than 12.0% of current Accenture Plc price fluctuation can be explain by its past prices.
Correlation Coefficient-0.12
Spearman Rank Test-0.2
Residual Average0.0
Price Variance357.68

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 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 price movement to match the lagging time series.
   Current and Lagged Values   
       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   
       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   
       Timeline  

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.

Moving against Accenture Stock

  0.65VNET VNET Group DRC Financial Report 22nd of May 2024 PairCorr
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 instruments. 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
When determining whether Accenture Plc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Accenture Plc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Accenture Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Accenture Plc Stock:
Check out Accenture Plc Correlation, Accenture Plc Volatility and Accenture Plc Alpha and Beta module to complement your research on Accenture Plc.
To learn how to invest in Accenture Stock, please use our How to Invest in Accenture Plc guide.
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 the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Accenture Plc's price analysis, check to measure Accenture Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Accenture Plc is operating at the current time. Most of Accenture Plc's value examination focuses on studying past and present price action to predict the probability of Accenture Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accenture Plc's price. Additionally, you may evaluate how the addition of Accenture Plc to your portfolios can decrease your overall portfolio volatility.
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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...