ASGN Depreciation And Amortization from 2010 to 2024
| ASGN Stock | USD 95.56 0.89 0.92% |
Depreciation And Amortization | First Reported 1993-03-31 | Previous Quarter 43.6 M | Current Value 24.5 M | Quarterly Volatility 12.2 M |
Check ASGN financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASGN 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 exotic 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.
ASGN | Depreciation And Amortization |
Latest ASGN's Depreciation And Amortization Growth Pattern
Below is the plot of the Depreciation And Amortization of ASGN Inc over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. ASGN's Depreciation And Amortization 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.
| Depreciation And Amortization | 10 Years Trend |
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Depreciation And Amortization |
| Timeline |
ASGN Depreciation And Amortization Regression Statistics
| Arithmetic Mean | 55,736,333 | |
| Geometric Mean | 31,438,393 | |
| Coefficient Of Variation | 93.66 | |
| Mean Deviation | 33,768,089 | |
| Median | 39,628,000 | |
| Standard Deviation | 52,204,913 | |
| Sample Variance | 2725.4T | |
| Range | 180.4M | |
| R-Value | 0.82 | |
| Mean Square Error | 973.8T | |
| R-Squared | 0.67 | |
| Significance | 0.0002 | |
| Slope | 9,542,271 | |
| Total Sum of Squares | 38154.9T |
ASGN Depreciation And Amortization History
About ASGN Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ASGN income statement, its balance sheet, and the statement of cash flows. ASGN investors use historical funamental indicators, such as ASGN's Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although ASGN investors may use each financial statement separately, they are all related. The changes in ASGN's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ASGN's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ASGN Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ASGN. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Depreciation And Amortization | 172 M | 180.6 M |
ASGN Investors Sentiment
The influence of ASGN's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ASGN. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ASGN's public news can be used to forecast risks associated with an investment in ASGN. The trend in average sentiment can be used to explain how an investor holding ASGN can time the market purely based on public headlines and social activities around ASGN Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ASGN's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ASGN's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ASGN's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ASGN.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ASGN in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ASGN's short interest history, or implied volatility extrapolated from ASGN options trading.
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
| 0.7 | WM | Waste Management | PairCorr |
| 0.68 | VSEC | VSE Corporation Earnings Call This Week | PairCorr |
Moving against ASGN Stock
| 0.62 | CLVT | CLARIVATE PLC Earnings Call This Week | PairCorr |
| 0.57 | ACU | Acme United | PairCorr |
| 0.5 | LNZA | LanzaTech Global Earnings Call This Week | PairCorr |
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. Note that the ASGN Inc information on this page should be used as a complementary analysis to other ASGN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for ASGN Stock analysis
When running ASGN's price analysis, check to measure ASGN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASGN is operating at the current time. Most of ASGN's value examination focuses on studying past and present price action to predict the probability of ASGN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASGN's price. Additionally, you may evaluate how the addition of ASGN to your portfolios can decrease your overall portfolio volatility.
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Is ASGN's industry 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 (0.18) | Earnings Share 4.32 | Revenue Per Share 91.824 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0627 |
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.