ASGN Operating Cycle from 2010 to 2026
| ASGN Stock | USD 52.50 0.57 1.07% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 55.72 | Current Value 48.7 | Quarterly Volatility 11.49184343 |
Check ASGN financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASGN's main balance sheet or income statement drivers, such as Depreciation And Amortization of 119.2 M, Interest Expense of 64.3 M or Selling General Administrative of 991.6 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0 or PTB Ratio of 3.86. ASGN financial statements analysis is a perfect complement when working with ASGN Valuation or Volatility modules.
ASGN | Operating Cycle | Build AI portfolio with ASGN Stock |
Evaluating ASGN's Operating Cycle across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into ASGN Inc's fundamental strength.
Latest ASGN's Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of ASGN Inc over the last few years. It is ASGN's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ASGN's overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
|
Operating Cycle |
| Timeline |
ASGN Operating Cycle Regression Statistics
| Arithmetic Mean | 63.74 | |
| Geometric Mean | 62.77 | |
| Coefficient Of Variation | 18.03 | |
| Mean Deviation | 8.70 | |
| Median | 62.83 | |
| Standard Deviation | 11.49 | |
| Sample Variance | 132.06 | |
| Range | 43.8284 | |
| R-Value | (0.09) | |
| Mean Square Error | 139.72 | |
| R-Squared | 0.01 | |
| Significance | 0.73 | |
| Slope | (0.21) | |
| Total Sum of Squares | 2,113 |
ASGN Operating Cycle History
About ASGN Financial Statements
ASGN investors utilize fundamental indicators, such as Operating Cycle, to predict how ASGN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Cycle | 55.72 | 48.70 |
Pair Trading with ASGN
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASGN position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASGN will appreciate offsetting losses from the drop in the long position's value.Moving together with ASGN Stock
Moving against ASGN Stock
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The ability to find closely correlated positions to ASGN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASGN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ASGN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ASGN Inc to buy it.
The correlation of ASGN is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ASGN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASGN Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ASGN can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of ASGN Correlation against competitors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Will Human Resource & Employment Services sector continue expanding? Could ASGN diversify its offerings? Factors like these will boost the valuation of ASGN. If investors know ASGN will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every ASGN data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.38) | Earnings Share 2.6 | Revenue Per Share | Quarterly Revenue Growth (0.01) | Return On Assets |
Investors evaluate ASGN Inc using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating ASGN's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause ASGN's market price to deviate significantly from intrinsic value.
Understanding that ASGN's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether ASGN represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, ASGN's market price signifies the transaction level at which participants voluntarily complete trades.