Accenture Plc (Brazil) Probability of Future Stock Price Finishing Over 1552.77
| ACNB34 Stock | BRL 1,553 25.81 1.64% |
Accenture |
Accenture Plc Target Price Odds to finish over 1552.77
The tendency of Accenture Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 1,553 | 90 days | 1,553 | about 99.0 |
Based on a normal probability distribution, the odds of Accenture Plc to move above the current price in 90 days from now is about 99.0 (This Accenture plc probability density function shows the probability of Accenture Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Accenture Plc has a beta of 0.34. This suggests as returns on the market go up, Accenture Plc average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Accenture plc will be expected to be much smaller as well. Additionally Accenture plc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Accenture Plc Price Density |
| Price |
Predictive Modules for Accenture Plc
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Accenture plc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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.
Accenture Plc Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Accenture Plc is not an exception. The market had few large corrections towards the Accenture Plc's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Accenture plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Accenture Plc within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.25 | |
β | Beta against NYSE Composite | 0.34 | |
σ | Overall volatility | 101.30 | |
Ir | Information ratio | -0.17 |
Accenture Plc Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Accenture Plc for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Accenture plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Accenture plc generated a negative expected return over the last 90 days |
Accenture Plc Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Accenture Stock often depends not only on the future outlook of the current and potential Accenture Plc's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Accenture Plc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 632 M |
Accenture Plc Technical Analysis
Accenture Plc's future price can be derived by breaking down and analyzing its technical indicators over time. Accenture Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Accenture plc. In general, you should focus on analyzing Accenture Stock price patterns and their correlations with different microeconomic environments and drivers.
Accenture Plc Predictive Forecast Models
Accenture Plc's time-series forecasting models is one of many Accenture Plc's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Accenture Plc's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Accenture plc
Checking the ongoing alerts about Accenture Plc for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Accenture plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Accenture plc generated a negative expected return over the last 90 days |
Check out Accenture Plc Backtesting, Accenture Plc Valuation, Accenture Plc Correlation, Accenture Plc Hype Analysis, Accenture Plc Volatility, Accenture Plc History as well as Accenture Plc Performance. For information on how to trade Accenture Stock refer to our How to Trade Accenture Stock 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary 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.
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