Accenture plc Backtesting

Accenture plc -- USA Stock  

USD 160.94  0.73  0.46%

With this equity back-testing module your 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 given investment horizon. Check also 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
 Time Horizon     30 Days    Login   to change

Accenture plc 'What if' Analysis

December 20, 2017
No Change 0.00  0.0%
In 31 days
January 19, 2018
If you would invest  0.00  in Accenture plc on December 20, 2017 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 AECOM, Booz Allen, DST Systems, HR Block, and Marsh McLennan. Its Communications, Media Technology segment offer professional services that help clients accelerate and deliver digita...

Accenture plc Upside/Downside Indicators


Accenture plc Market Premium Indicators

Accenture plc lagged returns against current returns

 Current and Lagged Values 

Accenture plc regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Accenture plc Backtested Returns

Macroaxis considers Accenture plc not too risky given 1 month investment horizon. Accenture plc secures Sharpe Ratio (or Efficiency) of 0.4251 which signifies that Accenture plc had 0.4251% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Accenture plc which you can use to evaluate future volatility of the firm. Please makes use of Accenture plc Mean Deviation of 0.5342 and Risk Adjusted Performance of 0.1532 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Accenture plc holds performance score of 27. The firm shows Beta (market volatility) of -0.1557 which signifies that as returns on market increase, returns on owning Accenture plc are expected to decrease at a much smaller rate. During bear market, Accenture plc is likely to outperform the market.. Although it is vital to follow to Accenture plc historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Accenture plc technical indicators you can presently evaluate if the expected return of 0.2967% will be sustainable into the future. Please makes use of Accenture plc Information Ratio, and the relationship between Downside Deviation and Value At Risk to make a quick decision on weather Accenture plc price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.65 

Good predictability

Accenture plc has good predictability. Overlapping area represents the amount of predictability between Accenture plc time series from December 20, 2017 to January 4, 2018 and January 4, 2018 to January 19, 2018. 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 0.65 indicates that roughly 65.0% of current Accenture plc price fluctuation can be explain by its past prices.
Correlation Coefficient 0.65
Spearman Rank Test 0.73
Price Variance 1.64
Lagged Price Variance 1.3

Accenture plc Lagged Returns

 Regressed Prices 

Accenture plc Performance vs DOW

The median price of Accenture plc for the period between Wed, Dec 20, 2017 and Fri, Jan 19, 2018 is 154.55 with a coefficient of variation of 2.03. The daily time series for the period is distributed with a sample standard deviation of 3.17, arithmetic mean of 155.79, and mean deviation of 2.88. The Stock received some media coverage during the period.
Price Growth (%)  
Accenture plc exotic insider transaction detected01/18/2018