Accenture Plc Stock Forward View - Simple Exponential Smoothing
| CSA Stock | EUR 177.96 -1.12 -0.63% |
Accenture plc's Simple Exponential Smoothing reference page summarizes the forecasted price and model accuracy metrics derived from daily trading data. This reference information is provided for analytical context.
The Simple Exponential Smoothing forecasted value of Accenture plc on the next trading day is expected to be 177.96 with a mean absolute deviation of 4.29 and the sum of the absolute errors of 261.70.This simple exponential smoothing model begins by setting Accenture plc forecast for the second period equal to the observation of the first period. In other words, recent Accenture Plc observations are given relatively more weight in forecasting than the older observations. This Simple Exponential Smoothing forecast data for Accenture plc is sourced from the most recent available trading data and is intended solely as reference information. Simple Exponential Smoothing Price Forecast For the 22nd of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Accenture plc on the next trading day is expected to be 177.96 with a mean absolute deviation of 4.29 , mean absolute percentage error of 37.30 , and the sum of the absolute errors of 261.70 .Please note that although there have been many attempts to predict Accenture Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Accenture Plc's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
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Forecasted Value
The next-day forecast for Accenture plc focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The projected forecast band currently runs from roughly 174.96 on the downside to about 180.96 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Accenture Plc stock data series using in forecasting. Note that when a statistical model is used to represent Accenture Plc stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 121.7294 |
| Bias | Arithmetic mean of the errors | 0.8482 |
| MAD | Mean absolute deviation | 4.2902 |
| MAPE | Mean absolute percentage error | 0.0214 |
| SAE | Sum of the absolute errors | 261.7 |
Other Forecasting Options for Accenture Plc
The movement of Accenture price is the central consideration for investors deciding whether to enter or hold a position. Noise in Accenture Stock price charts can make it difficult to distinguish meaningful trends from random fluctuations.Accenture Plc Related Equities
The following equities are related to Accenture Plc within the Information Technology space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Accenture Plc against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Accenture Plc Market Strength Events
Investors use market strength indicators for Accenture Plc to evaluate how the stock performs relative to broader market trends. These indicators support more precise timing of Accenture plc positions, helping investors maximize return and minimize poorly-timed trades.
Accenture Plc Risk Indicators
A careful analysis of Accenture Plc's basic risk indicators provides context for understanding the risk environment surrounding accenture stock. This understanding is an essential input for forecasting Accenture Plc's future price and for deciding how to manage the associated investment risk.
| Mean Deviation | 2.02 | |||
| Standard Deviation | 2.86 | |||
| Variance | 8.2 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Accenture Plc
Story coverage around Accenture plc often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
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More Resources for Accenture Stock Analysis
Understanding Accenture plc starts with its core financial statements, trend data, and ratio analysis. Financial ratios help explain how results are produced and sustained. The dataset reflects Accenture Plc's available reporting history.Cross-verify projections for Accenture Plc using Historical Fundamental Analysis of Accenture Plc. The analysis adds historical context for the projection set. Multi-period data helps identify trends and inflection points in Accenture Plc's fundamentals. The figures reflect publicly disclosed earnings, balance sheet, and cash flow data. For a detailed overview of how to trade Accenture Stock, see our How to Trade Accenture Stock guide.At P/E 24.6 and ROE 24.76%, Accenture Plc analysis should be read alongside other portfolio and risk tools before adjusting capital allocation. That valuation within Technology invites comparison with Information Technology Services peers using the tools below to judge whether the multiple is justified. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.