Accenture Plc Stock Forward View - Simple Moving Average
| CSA Stock | EUR 167.24 -5.20 -3.02% |
This reference page presents Simple Moving Average forecast data for Accenture plc. The projected values and error metrics are presented below as reference information. The output values and deviation metrics are provided for informational reference.
The Simple Moving Average forecasted value of Accenture plc on the next trading day is expected to be 167.24 with a mean absolute deviation of 5.49 and the sum of the absolute errors of 329.49.The simple moving average model is conceptually a linear regression of the current value of Accenture plc price series against current and previous (unobserved) value of Accenture Plc. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future This Simple Moving Average forecast data for Accenture plc is sourced from the most recent available trading data and is intended solely as reference information. Simple Moving Average Price Forecast For the 26th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Accenture plc on the next trading day is expected to be 167.24 with a mean absolute deviation of 5.49 , mean absolute percentage error of 47.89 , and the sum of the absolute errors of 329.49 .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. At the moment, the model places downside around 164.21 and upside around 170.27 for the forecasting period.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average 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 | 120.1415 |
| Bias | Arithmetic mean of the errors | 1.5349 |
| MAD | Mean absolute deviation | 5.4916 |
| MAPE | Mean absolute percentage error | 0.0277 |
| SAE | Sum of the absolute errors | 329.495 |
Other Forecasting Options for Accenture Plc
Accenture Plc's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in Accenture often signals an upcoming reversal or acceleration. Gap analysis of Accenture Stock data examines overnight jumps between Accenture Plc's closing and opening prices.Accenture Plc Related Equities
These related stocks within the Information Technology space give benchmarks for judging Accenture Plc's results, margins, and growth trend. Checking Accenture Plc against peers on P/E, margins, and return on equity helps put its position in context.
| Risk & Return | Correlation |
Accenture Plc Market Strength Events
Market strength indicators help investors evaluate how Accenture Plc stock reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading Accenture plc. These indicators can identify periods when trading Accenture plc may offer more favorable risk-reward conditions.
Accenture Plc Risk Indicators
The analysis of Accenture Plc's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding Accenture Plc's allows investors to make informed decisions about their exposure. The analysis of Accenture Plc's basic risk metrics provides a foundation for managing investment risk.
| Mean Deviation | 2.09 | |||
| Standard Deviation | 2.9 | |||
| Variance | 8.4 |
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
Coverage intensity for Accenture plc matters because narrative visibility can influence sentiment, participation, and volatility around the name. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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More Resources for Accenture Stock Analysis
Understanding Accenture plc starts with its core financial statements, trend data, and ratio analysis. The dataset reflects Accenture Plc's available reporting history.Cross-verify projections for Accenture Plc using Historical Fundamental Analysis of Accenture Plc. For information on how to trade Accenture Stock refer to our How to Invest in Accenture Plc guide. It explains the process for buying and trading Accenture Stock effectively.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. Solid capital efficiency at a reasonable valuation - the tools below help confirm that read. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.