Accenture plc (ACN)
Accenture plc is an Irish-domiciled multinational company that provides consulting and processing services. It has been incorporated in Dublin, Ireland since 2009.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 86.97% per annum.
- ACN price at the close of March 28, 2025 was $304.33 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 89.51% per annum.
- ACN price at the close of March 28, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of ACN price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: February 4, 2025
End date: March 28, 2025
a = 15.8943
b = -0.0056
s = 0.0215
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0056) – 1
= -86.97%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0215) – 1
= 8.99%
February 4, 2025 calculations
Top border of price channel:
Exp(Y1,219)
= Exp(a + b × X1,219 + 2 × s)
= Exp(a + b × 1,772 + 2 × s)
= Exp(15.8943 + -0.0056 × 1,772 + 2 × 0.0215)
= Exp(6.0443)
= $421.70
Bottom border of price channel:
Exp(Y1,219)
= Exp(a + b × X1,219 – 2 × s)
= Exp(a + b × 1,772 – 2 × s)
= Exp(15.8943 + -0.0056 × 1,772 – 2 × 0.0215)
= Exp(5.9582)
= $386.91
March 28, 2025 calculations
Top border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(15.8943 + -0.0056 × 1,824 + 2 × 0.0215)
= Exp(5.7540)
= $315.45
Bottom border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(15.8943 + -0.0056 × 1,824 – 2 × 0.0215)
= Exp(5.6679)
= $289.42
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 86.97% per annum.
- ACN price at the close of March 28, 2025 was $304.33 and was inside the primary price channel.
Secondary Trend
Start date: February 13, 2025
End date: March 28, 2025
a = 16.9682
b = -0.0062
s = 0.0200
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0062) – 1
= -89.51%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0200) – 1
= 8.35%
February 13, 2025 calculations
Top border of price channel:
Exp(Y1,226)
= Exp(a + b × X1,226 + 2 × s)
= Exp(a + b × 1,781 + 2 × s)
= Exp(16.9682 + -0.0062 × 1,781 + 2 × 0.0200)
= Exp(6.0077)
= $406.55
Bottom border of price channel:
Exp(Y1,226)
= Exp(a + b × X1,226 – 2 × s)
= Exp(a + b × 1,781 – 2 × s)
= Exp(16.9682 + -0.0062 × 1,781 – 2 × 0.0200)
= Exp(5.9275)
= $375.22
March 28, 2025 calculations
Top border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(16.9682 + -0.0062 × 1,824 + 2 × 0.0200)
= Exp(5.7421)
= $311.72
Bottom border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(16.9682 + -0.0062 × 1,824 – 2 × 0.0200)
= Exp(5.6619)
= $287.70
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 89.51% per annum.
- ACN price at the close of March 28, 2025 was inside the secondary price channel.