Accenture plc
US StockTechnologyIndustrial Support Services
ACN Swing Trading Score
3
24
15
Explosive Bullish
- AI analysis rates ACN with the highest swing trading score of 5.
- It is mainly due to the positive AI swing signal,along with the relatively low short-term volatility.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 5 and exiting with a score of 1, resulted in 29 trades with a 62.07% win rate and an average profit/loss of 7.96%.
ACN Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
ACN Swing Trading Strategy Backtest
The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.
Entry
Exit
The Backtest Result of ACN from 2007/01 till Now
- 231.31%
- Cumulative Return
- 7.35%
- Annual Return
- 21.09%
- Volatility
- 0.35
- Sharpe Ratio
Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from January, 2007 to November, 2023. (Total Trades: 86)
| ACN | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 47% | 38% | 39% |
| Avg Return | 1.8% | 5.1% | 2.5% |
| Avg Profit | 8.8% | 27% | 17.9% |
| Avg Loss | -4.2% | -8.7% | -7.6% |
| Avg Risk-Reward Ratio | 209.2% | 310.3% | 235.8% |
Update to 2023/11/28 (Monthly Update)