Accenture PLC (ACN) — Stock Correlations & Overview
Over the past year, ACN has moved most closely with CTSH, GLOB, EPAM. Explore the stocks most correlated and inversely correlated with ACN below, along with its price, financials, and company profile.
Stocks correlated with ACN
Correlation of daily returns. Higher positive values move with ACN; negative values move opposite it. Informational only, not investment advice.
Most correlated with ACN
| Symbol | Company | Correlation |
|---|---|---|
| CTSH | Cognizant Technology SolutionsSERVICES-COMPUTER PROGRAMMING SERVICES | 0.84 |
| GLOB | GLOBANT S.A. | 0.75 |
| EPAM | EPAM SYSTEMS, INC.SERVICES-COMPUTER PROGRAMMING SERVICES | 0.73 |
| EXLS | ExlService Holdings, Inc.SERVICES-BUSINESS SERVICES, NEC | 0.72 |
| MDPL | Monarch Dividend Plus Index ETF | 0.72 |
Frequently asked questions about ACN correlations
- Which stocks are most correlated with ACN?
- Based on one year of daily returns, the stocks most correlated with Accenture PLC (ACN) are CTSH (0.84), GLOB (0.75) and EPAM (0.73). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with ACN?
- Over the past year, the stocks most inversely correlated with Accenture PLC (ACN) are HDGE (-0.59), DWSH (-0.55) and GLW (-0.42). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these ACN correlations calculated?
- We compute the correlation of daily returns between ACN and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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