Accenture Short Term Investments from 2010 to 2024

ACN Stock  USD 362.37  0.21  0.06%   
Accenture Plc Short Term Investments yearly trend continues to be very stable with very little volatility. Short Term Investments are likely to drop to about 5.1 M. During the period from 2010 to 2024, Accenture Plc Short Term Investments quarterly data regression pattern had sample variance of 10461.7 T and median of  3,313,000. View All Fundamentals
 
Short Term Investments  
First Reported
2002-08-31
Previous Quarter
4.9 M
Current Value
5.4 M
Quarterly Volatility
128.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Accenture Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Accenture Plc's main balance sheet or income statement drivers, such as Interest Expense of 61.9 M, Selling General Administrative of 3 B or Total Revenue of 34.6 B, as well as many indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 0.0199 or PTB Ratio of 12.43. Accenture financial statements analysis is a perfect complement when working with Accenture Plc Valuation or Volatility modules.
  
Check out the analysis of Accenture Plc Correlation against competitors.
To learn how to invest in Accenture Stock, please use our How to Invest in Accenture Plc guide.

Latest Accenture Plc's Short Term Investments Growth Pattern

Below is the plot of the Short Term Investments of Accenture plc over the last few years. Short Term Investments is an item under the current assets section of Accenture Plc balance sheet. It contains any investments Accenture plc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Accenture plc can easily liquidate in the marketplace. It is Accenture Plc's Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Accenture Plc's overall financial position and show how it may be relating to other accounts over time.
Short Term Investments10 Years Trend
Slightly volatile
   Short Term Investments   
       Timeline  

Accenture Short Term Investments Regression Statistics

Arithmetic Mean35,701,347
Geometric Mean5,779,527
Coefficient Of Variation286.49
Mean Deviation55,803,508
Median3,313,000
Standard Deviation102,282,478
Sample Variance10461.7T
Range393.4M
R-Value(0.39)
Mean Square Error9535.4T
R-Squared0.15
Significance0.15
Slope(8,965,016)
Total Sum of Squares146463.9T

Accenture Short Term Investments History

20245.1 M
20235.4 M
20224.6 M
2021M
20204.3 M
201994.3 M
20183.3 M

Other Fundumenentals of Accenture plc

Accenture Plc Short Term Investments component correlations

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About Accenture Plc Financial Statements

Accenture Plc investors utilize fundamental indicators, such as Short Term Investments, to predict how Accenture Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Short Term Investments5.4 M5.1 M
Cash And Short Term InvestmentsB5.4 B

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 together with Accenture Stock

  0.68IT GartnerPairCorr

Moving against Accenture Stock

  0.37VEEA Veea Inc Symbol ChangePairCorr
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 the analysis of Accenture Plc Correlation against competitors.
To learn how to invest in Accenture Stock, please use our How to Invest in Accenture Plc guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is IT Consulting & Other Services space 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
0.236
Dividend Share
5.35
Earnings Share
11.45
Revenue Per Share
103.363
Quarterly Revenue Growth
0.026
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.