ASGN Property Plant And Equipment Gross from 2010 to 2024

ASGN Stock  USD 89.15  4.65  5.50%   
ASGN Property Plant And Equipment Gross yearly trend continues to be very stable with very little volatility. Property Plant And Equipment Gross is likely to grow to about 323.2 M this year. During the period from 2010 to 2024, ASGN Property Plant And Equipment Gross quarterly data regression pattern had sample variance of 14540.2 T and median of  57,996,000. View All Fundamentals
 
Property Plant And Equipment Gross  
First Reported
1991-12-31
Previous Quarter
139.8 M
Current Value
141 M
Quarterly Volatility
59.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 180.6 M, Interest Expense of 63.1 M or Selling General Administrative of 914 M, as well as many indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0 or PTB Ratio of 3.91. ASGN financial statements analysis is a perfect complement when working with ASGN Valuation or Volatility modules.
  
Check out the analysis of ASGN Correlation against competitors.

Latest ASGN's Property Plant And Equipment Gross Growth Pattern

Below is the plot of the Property Plant And Equipment Gross of ASGN Inc over the last few years. It is ASGN's Property Plant And Equipment Gross 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.
Property Plant And Equipment Gross10 Years Trend
Slightly volatile
   Property Plant And Equipment Gross   
       Timeline  

ASGN Property Plant And Equipment Gross Regression Statistics

Arithmetic Mean128,831,733
Geometric Mean66,039,839
Coefficient Of Variation93.60
Mean Deviation104,159,947
Median57,996,000
Standard Deviation120,582,589
Sample Variance14540.2T
Range322.5M
R-Value0.93
Mean Square Error2200.4T
R-Squared0.86
Slope24,996,950
Total Sum of Squares203562.3T

ASGN Property Plant And Equipment Gross History

2024323.2 M
2023307.8 M
2022314.7 M
2021285.9 M
2020154.3 M
2019168.3 M
201879.1 M

About ASGN Financial Statements

ASGN investors utilize fundamental indicators, such as Property Plant And Equipment Gross, 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 ReportedProjected for Next Year
Property Plant And Equipment Gross307.8 M323.2 M

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 against ASGN Stock

  0.39SPIR Spire Global Symbol ChangePairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether ASGN Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASGN's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asgn Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asgn Inc Stock:
Check out the analysis of ASGN Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASGN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Earnings Share
3.96
Revenue Per Share
91.558
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0559
The market value of ASGN Inc is measured differently than its book value, which is the value of ASGN that is recorded on the company's balance sheet. Investors also form their own opinion of ASGN's value that differs from its market value or its book value, called intrinsic value, which is ASGN's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASGN's market value can be influenced by many factors that don't directly affect ASGN's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASGN's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASGN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASGN's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.