Accenture Plc Stock Forecast - 20 Period Moving Average

ACNB34 Stock  BRL 2,204  55.28  2.57%   
The 20 Period Moving Average forecasted value of Accenture plc on the next trading day is expected to be 2,122 with a mean absolute deviation of 82.16 and the sum of the absolute errors of 3,369. Accenture Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Accenture Plc stock prices and determine the direction of Accenture plc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Accenture Plc's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A commonly used 20-period moving average forecast model for Accenture plc is based on a synthetically constructed Accenture Plcdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Accenture Plc 20 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of Accenture plc on the next trading day is expected to be 2,122 with a mean absolute deviation of 82.16, mean absolute percentage error of 9,129, and the sum of the absolute errors of 3,369.
Please note that although there have been many attempts to predict Accenture Stock prices using its time series forecasting, we generally do not recommend 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).

Accenture Plc Stock Forecast Pattern

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Accenture Plc Forecasted Value

In the context of forecasting Accenture Plc's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Accenture Plc's downside and upside margins for the forecasting period are 2,120 and 2,124, respectively. We have considered Accenture Plc's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
2,204
2,122
Expected Value
2,124
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period 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.
AICAkaike Information Criteria90.4722
BiasArithmetic mean of the errors -55.2859
MADMean absolute deviation82.1639
MAPEMean absolute percentage error0.039
SAESum of the absolute errors3368.7195
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Accenture plc 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

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.
Hype
Prediction
LowEstimatedHigh
2,2022,2042,205
Details
Intrinsic
Valuation
LowRealHigh
2,1012,1032,424
Details
Bollinger
Band Projection (param)
LowMiddleHigh
1,9712,1042,237
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Accenture Plc. Your research has to be compared to or analyzed against Accenture Plc's peers to derive any actionable benefits. When done correctly, Accenture Plc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Accenture plc.

Other Forecasting Options for Accenture Plc

For every potential investor in Accenture, whether a beginner or expert, Accenture Plc's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Accenture Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Accenture. Basic forecasting techniques help filter out the noise by identifying Accenture Plc's price trends.

Accenture Plc Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Accenture Plc stock to make a market-neutral strategy. Peer analysis of Accenture Plc could also be used in its relative valuation, which is a method of valuing Accenture Plc by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Accenture plc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Accenture Plc's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Accenture Plc's current price.

Accenture Plc Market Strength Events

Market strength indicators help investors to evaluate how Accenture Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Accenture Plc shares will generate the highest return on investment. By undertsting and applying Accenture Plc stock market strength indicators, traders can identify Accenture plc entry and exit signals to maximize returns.

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. The process involves identifying the amount of risk involved in Accenture Plc's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting accenture stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in Accenture Stock

When determining whether Accenture plc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Accenture Plc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Accenture Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Accenture Plc Stock:
Check out Historical Fundamental Analysis of Accenture Plc to cross-verify your projections.
For information on how to trade Accenture Stock refer to our How to Trade Accenture Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Please note, there is a significant difference between Accenture Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accenture Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accenture Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.