Accenture Plc Stock Forecast - Naive Prediction

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ACN -- USA Stock  

Fiscal Quarter End: 31st of August 2020  

Accenture Plc Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Accenture Plc historical stock prices and determine the direction of Accenture Plc's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Accenture Plc historical fundamentals such as revenue growth or operating cash flow patterns. Although Accenture Plc naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Accenture Plc systematic risk associated with finding meaningful patterns of Accenture Plc fundamentals over time. Please continue to Historical Fundamental Analysis of Accenture Plc to cross-verify your projections.

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Asset Turnover is projected to rise to 1.50 this year. Weighted Average Shares Diluted is projected to rise to about 604.4 M this year, although the value of Weighted Average Shares will most likely fall to about 568.9 M.
A naive forecasting model for Accenture Plc is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Accenture Plc value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Accenture Plc Naive Prediction Price Forecast For the 15th of July 2020

Given 30 days horizon, the forecasted value of Accenture Plc on the next trading day is expected to be  223.42  with a mean absolute deviation of  3.44 , mean absolute percentage error of  18.24 , and the sum of the absolute errors of  210.14 
 223.42 

Accenture Plc Stock Forecast Pattern

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Accenture Plc Forecasted Value

Market Value
219.16
14th of July 2020
221.15
Downside
223.42
Expected Value
225.70
Upside

Model Predictive Factors

AICAkaike Information Criteria121.0144
BiasArithmetic mean of the errors None
MADMean absolute deviation3.4449
MAPEMean absolute percentage error0.0175
SAESum of the absolute errors210.1387
This model is not at all useful as a medium-long range forecasting tool of Accenture Plc. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Accenture Plc. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

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.
Earnings
Estimates (11)
LowProjected EPSHigh
7.597.637.68
Details
Hype
Prediction
LowEstimated ValueHigh
214.22216.49218.76
Details
Intrinsic
Valuation
LowReal ValueHigh
194.17229.66231.93
Details
22 Analysts
Consensus
LowTarget PriceHigh
191.00221.89246.00
Details

Other Forecasting Options for Accenture Plc

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Current Sentiment - ACN

Accenture Plc Investor Sentiment

Predominant part of Macroaxis users are presently bullish on Accenture Plc. What is your sentiment towards investing in Accenture Plc? Are you bullish or bearish?
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98% Bullish
2% Bearish
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Accenture Plc Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Accenture Plc and Genpact Limited. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Please continue to Historical Fundamental Analysis of Accenture Plc to cross-verify your projections. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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