Accenture Plc Risk Analysis And Volatility

ACN -- USA Stock  

Fiscal Quarter End: November 30, 2019  

Macroaxis considers Accenture Plc to be very steady. Accenture Plc secures Sharpe Ratio (or Efficiency) of -0.0502 which signifies that the organization had -0.0502% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Accenture Plc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Accenture Plc Mean Deviation of 1.02 and Risk Adjusted Performance of (0.04743) to double-check risk estimate we provide.
Interest Expense

90 Days Market Risk

Very steady

Chance of Distress in 24 months

Close to average

90 Days Economic Sensitivity

Almost mirrors market
Horizon     30 Days    Login   to change

Accenture Plc Market Sensitivity

Accenture Plc returns are very sensitive to returns on the market. As market goes up or down, Accenture Plc is expected to follow.
3 Months Beta |Analyze Accenture Plc Demand Trend
Check current 30 days Accenture Plc correlation with market (DOW)
β = 1.041

Accenture Plc Central Daily Price Deviation

Accenture Plc Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Accenture Plc Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Accenture Plc moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

Accenture Plc Projected Return Density Against Market

Considering 30-days investment horizon, the stock has beta coefficient of 1.041 . This suggests Accenture Plc market returns are very sensitive to returns on the market. As the market goes up or down, Accenture Plc is expected to follow. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Accenture Plc is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Considering 30-days investment horizon, the coefficient of variation of Accenture Plc is -1993.1. The daily returns are destributed with a variance of 1.81 and standard deviation of 1.35. The mean deviation of Accenture Plc is currently at 1.02. For similar time horizon, the selected benchmark (DOW) has volatility of 0.97
α
Alpha over DOW
=0.06
β
Beta against DOW=1.04
σ
Overall volatility
=1.35
Ir
Information ratio =0.04

Accenture Plc Return Volatility

the corporation has volatility of 1.3452% on return distribution over 30 days investment horizon. the entity inherits 0.9803% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Accenture Plc Investment Opportunity

Accenture Plc has a volatility of 1.35 and is 1.38 times more volatile than DOW. 12  of all equities and portfolios are less risky than Accenture Plc. Compared to the overall equity markets, volatility of historical daily returns of Accenture Plc is lower than 12 () of all global equities and portfolios over the last 30 days. Use Accenture Plc to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of Accenture Plc to be traded at $203.47 in 30 days. . Accenture Plc returns are very sensitive to returns on the market. As market goes up or down, Accenture Plc is expected to follow.

Accenture Plc correlation with market

correlation synergy
Poor diversification
Overlapping area represents the amount of risk that can be diversified away by holding Accenture Plc and equity matching DJI index in the same portfolio.

Accenture Plc Current Risk Indicators

Accenture Plc Suggested Diversification Pairs

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