Asgn Inc Stock Performance
| ASGN Stock | USD 93.22 0.10 0.11% |
ASGN has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ASGN's returns are expected to increase less than the market. However, during the bear market, the loss of holding ASGN is expected to be smaller as well. ASGN Inc now shows a risk of 2.09%. Please confirm ASGN Inc value at risk, and the relationship between the jensen alpha and skewness , to decide if ASGN Inc will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ASGN Inc are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy technical and fundamental indicators, ASGN is not utilizing all of its potentials. The newest stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 70.3 M |
ASGN |
ASGN Relative Risk vs. Return Landscape
If you would invest 9,106 in ASGN Inc on November 1, 2024 and sell it today you would earn a total of 216.00 from holding ASGN Inc or generate 2.37% return on investment over 90 days. ASGN Inc is currently generating 0.061% in daily expected returns and assumes 2.094% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of stocks are less volatile than ASGN, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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ASGN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASGN's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ASGN Inc, and traders can use it to determine the average amount a ASGN's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0291
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average ASGN is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ASGN by adding it to a well-diversified portfolio.
ASGN Fundamentals Growth
ASGN Stock prices reflect investors' perceptions of the future prospects and financial health of ASGN, and ASGN fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ASGN Stock performance.
| Return On Equity | 0.0994 | ||||
| Return On Asset | 0.0559 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 5.09 B | ||||
| Shares Outstanding | 44.2 M | ||||
| Price To Earning | 16.71 X | ||||
| Price To Book | 2.34 X | ||||
| Price To Sales | 0.98 X | ||||
| Revenue | 4.45 B | ||||
| EBITDA | 364.1 M | ||||
| Cash And Equivalents | 211.2 M | ||||
| Cash Per Share | 4.23 X | ||||
| Total Debt | 1.11 B | ||||
| Debt To Equity | 0.60 % | ||||
| Book Value Per Share | 40.15 X | ||||
| Cash Flow From Operations | 456.9 M | ||||
| Earnings Per Share | 3.96 X | ||||
| Total Asset | 3.54 B | ||||
| Retained Earnings | 1.2 B | ||||
| Current Asset | 414.21 M | ||||
| Current Liabilities | 160.35 M | ||||
About ASGN Performance
By examining ASGN's fundamental ratios, stakeholders can obtain critical insights into ASGN's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that ASGN is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
ASGN Incorporated provides information technology services and professional solutions in the technology, digital, and creative fields for commercial and government sectors in the United States. ASGN Incorporated was incorporated in 1985 and is based in Glen Allen, Virginia. On Assignment operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. It employs 00 people.Things to note about ASGN Inc performance evaluation
Checking the ongoing alerts about ASGN for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ASGN Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ASGN Inc has a strong financial position based on the latest SEC filings | |
| Over 97.0% of the company shares are held by institutions such as insurance companies |
- Analyzing ASGN's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ASGN's stock is overvalued or undervalued compared to its peers.
- Examining ASGN's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ASGN's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ASGN's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ASGN's stock. These opinions can provide insight into ASGN's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASGN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.
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.