Accenture Competitors
| ACN Stock | USD 240.62 7.04 3.01% |
Accenture Plc vs Leidos Holdings Correlation
Good diversification
The correlation between Accenture plc and LDOS is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Accenture plc and LDOS in the same portfolio, assuming nothing else is changed.
Moving against Accenture Stock
| 0.63 | CN6 | BII Railway Transpor | PairCorr |
| 0.59 | ETHZ | ETHZilla Symbol Change | PairCorr |
| 0.49 | DM | Datametrex AI | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Accenture Plc's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Accenture Plc Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Accenture Plc and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Accenture and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Accenture plc does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Accenture Stock performing well and Accenture Plc Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Accenture Plc's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ADBE | 1.44 | (0.41) | 0.00 | (0.38) | 0.00 | 2.13 | 12.64 | |||
| SONY | 1.19 | (0.43) | 0.00 | (0.32) | 0.00 | 2.81 | 7.67 | |||
| TXN | 1.62 | 0.42 | 0.32 | 0.47 | 0.89 | 4.22 | 11.75 | |||
| KLAC | 2.44 | 0.15 | 0.06 | 0.15 | 3.66 | 5.69 | 22.94 | |||
| INFY | 1.72 | 0.02 | (0.01) | 0.11 | 1.97 | 4.32 | 16.01 | |||
| PANW | 1.50 | (0.54) | 0.00 | (0.52) | 0.00 | 2.24 | 11.49 | |||
| APH | 2.16 | (0.11) | 0.00 | (0.01) | 0.00 | 4.77 | 19.08 | |||
| AMAT | 2.34 | 0.37 | 0.14 | 0.30 | 2.64 | 5.69 | 13.55 | |||
| QCOM | 1.56 | (0.52) | 0.00 | (0.24) | 0.00 | 2.56 | 12.44 | |||
| LDOS | 1.13 | (0.07) | (0.05) | 0.01 | 1.33 | 2.51 | 9.17 |
Cross Equities Net Income Analysis
Compare Accenture plc and related stocks such as Adobe Systems, Sony Group Corp, and Texas Instruments Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADBE | 3.6 M | 832.8 M | 290 M | 268.4 M | 629.6 M | 1.2 B | 1.7 B | 2.6 B | 3 B | 5.3 B | 4.8 B | 4.8 B | 5.4 B | 5.6 B | 7.1 B | 8.2 B | 8.6 B |
| SONY | 73 B | (455 B) | 41.5 B | (128.4 B) | (126 B) | 147.8 B | 73.3 B | 490.8 B | 916.3 B | 582.2 B | 1 T | 882.2 B | 1 T | 970.6 B | 1.1 T | 1.3 T | 1.4 T |
| TXN | (118.7 M) | 2.2 B | 1.8 B | 2.1 B | 2.8 B | 3 B | 3.6 B | 3.7 B | 5.6 B | 5 B | 5.6 B | 7.8 B | 8.7 B | 6.5 B | 4.8 B | 5 B | 2.6 B |
| KLAC | 9.9 M | 756 M | 543.1 M | 582.8 M | 366.2 M | 704.4 M | 926.1 M | 802.3 M | 1.2 B | 1.2 B | 2.1 B | 3.3 B | 3.4 B | 2.8 B | 4.1 B | 4.7 B | 4.9 B |
| INFY | 17.4 M | 1.7 B | 1.7 B | 1.8 B | 2 B | 2.1 B | 2.1 B | 2.5 B | 2.2 B | 2.3 B | 2.6 B | 3 B | 3 B | 3.2 B | 3.2 B | 3.6 B | 3.8 B |
| PANW | (19 M) | 737 K | (29.2 M) | (226.5 M) | (165 M) | (225.9 M) | (216.6 M) | (147.9 M) | (81.9 M) | (267 M) | (498.9 M) | (267 M) | 439.7 M | 2.6 B | 1.1 B | 1.3 B | 1.4 B |
| APH | (12.1 M) | 524.2 M | 555.3 M | 635.7 M | 709.1 M | 763.5 M | 822.9 M | 650.5 M | 1.2 B | 1.2 B | 1.2 B | 1.6 B | 1.9 B | 1.9 B | 2.4 B | 4.3 B | 4.5 B |
| AMAT | 9.3 M | 109 M | 256 M | 1.1 B | 1.4 B | 1.7 B | 3.5 B | 3 B | 2.7 B | 3.6 B | 5.9 B | 6.5 B | 6.9 B | 7.2 B | 7 B | 8 B | 8.5 B |
| QCOM | (17.1 M) | 6.1 B | 6.9 B | 8 B | 5.3 B | 5.7 B | 2.5 B | (5 B) | 4.4 B | 5.2 B | 9 B | 12.9 B | 7.2 B | 10.1 B | 5.5 B | 6.4 B | 3.3 B |
| LDOS | 259 M | 59 M | 525 M | 164 M | (323 M) | 254 M | 244 M | 366 M | 581 M | 667 M | 628 M | 753 M | 685 M | 199 M | 1.3 B | 1.4 B | 1.5 B |
Accenture plc and related stocks such as Adobe Systems, Sony Group Corp, and Texas Instruments Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Accenture plc financial statement analysis. It represents the amount of money remaining after all of Accenture plc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Accenture Plc Competitive Analysis
The better you understand Accenture Plc competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Accenture Plc's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Accenture Plc's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Accenture Plc Competition Performance Charts
Five steps to successful analysis of Accenture Plc Competition
Accenture Plc's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Accenture plc in relation to its competition. Accenture Plc's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Accenture Plc in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Accenture Plc's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Accenture plc, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Accenture Plc position
In addition to having Accenture Plc in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gold and Gold Mining Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Accenture Plc Correlation with its peers. To learn how to invest in Accenture Stock, please use our How to Invest in Accenture Plc guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Will IT Consulting & Other Services sector continue expanding? Could Accenture diversify its offerings? Factors like these will boost the valuation of Accenture Plc. If investors know Accenture will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Accenture Plc data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.02) | Dividend Share 6.22 | Earnings Share 12.46 | Revenue Per Share | Quarterly Revenue Growth 0.06 |
Understanding Accenture plc requires distinguishing between market price and book value, where the latter reflects Accenture's accounting equity. The concept of intrinsic value - what Accenture Plc's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Accenture Plc's price substantially above or below its fundamental value.
Understanding that Accenture Plc's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Accenture Plc represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Accenture Plc's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.