|Horizon||30 Days Login to change|
Accenture plc Market Sensitivity
|As returns on market increase, Accenture plc returns are expected to increase less than the market. However during bear market, the loss on holding Accenture plc will be expected to be smaller as well.One Month Beta |Analyze Accenture plc Demand TrendCheck current 30 days Accenture plc correlation with market (DOW)|
β = 0.8346
Accenture plc Technical Analysis
Accenture plc Projected Return Density Against MarketConsidering 30-days investment horizon, Accenture plc has beta of 0.8346 . This suggests as returns on market go up, Accenture plc average returns are expected to increase less than the benchmark. However during 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 equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Accenture plc Return VolatilityAccenture plc has volatility of 2.02% on return distribution over 30 days investment horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.