Accenture Plc (Mexico) Market Value
| ACNN Stock | MXN 7,300 87.00 1.21% |
| Symbol | Accenture |
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.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Accenture Plc on November 24, 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 International Business, Fiserv, Cognizant Technology, and DXC Technology. Accenture plc provides consulting, technology, and outsourcing services in Ireland and internationally 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.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.0784 | |||
| Maximum Drawdown | 9.28 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.31 |
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.| Risk Adjusted Performance | 0.0854 | |||
| Jensen Alpha | 0.1333 | |||
| Total Risk Alpha | 0.0909 | |||
| Sortino Ratio | 0.0562 | |||
| Treynor Ratio | (1.44) |
Accenture plc Backtested Returns
At this stage we consider Accenture Stock to be very steady. Accenture plc secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Accenture plc, which you can use to evaluate the volatility of the firm. Please confirm Accenture Plc's risk adjusted performance of 0.0854, and Mean Deviation of 0.8445 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. Accenture Plc has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0911, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Accenture Plc are expected to decrease at a much lower rate. During the bear market, Accenture Plc is likely to outperform the market. Accenture plc right now shows a risk of 1.4%. Please confirm Accenture plc semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Accenture plc will be following its price patterns.
Auto-correlation | -0.28 |
Weak reverse predictability
Accenture plc has weak reverse predictability. Overlapping area represents the amount of predictability between Accenture Plc time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th of December 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 -0.28 indicates that nearly 28.0% of current Accenture Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 2592.38 |
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 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Accenture Stock Analysis
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.