Asgn Inc Stock Price Prediction

ASGN Stock  USD 90.98  0.09  0.1%   
As of today, the relative strength index (RSI) of ASGN's share price is approaching 42. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling ASGN, making its price go up or down.

Oversold Vs Overbought

42

 
Oversold
 
Overbought
The successful prediction of ASGN's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with ASGN Inc, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting ASGN's stock price prediction:
Quarterly Earnings Growth
(0.14)
EPS Estimate Next Quarter
1.25
EPS Estimate Current Year
5.1588
EPS Estimate Next Year
5.534
Wall Street Target Price
97.8333
Using ASGN hype-based prediction, you can estimate the value of ASGN Inc from the perspective of ASGN response to recently generated media hype and the effects of current headlines on its competitors.

ASGN Inc Hype to Price Pattern

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.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of ASGN's market sentiment to its price can help taders to make decisions based on the overall investors consensus about ASGN.
The fear of missing out, i.e., FOMO, can cause potential investors in ASGN to buy its stock at a price that has no basis in reality. In that case, they are not buying ASGN because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

ASGN after-hype prediction price

    
  USD 90.94  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out ASGN Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
87.0689.1791.28
Details
7 Analysts
Consensus
LowTargetHigh
78.7886.5796.09
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.281.291.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ASGN. Your research has to be compared to or analyzed against ASGN's peers to derive any actionable benefits. When done correctly, ASGN's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ASGN Inc.

ASGN After-Hype Price Prediction Density Analysis

As far as predicting the price of ASGN at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in ASGN or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of ASGN, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

ASGN Estimiated After-Hype Price Volatility

In the context of predicting ASGN's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ASGN's historical news coverage. ASGN's after-hype downside and upside margins for the prediction period are 88.83 and 93.05, respectively. We have considered ASGN's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
90.98
90.94
After-hype Price
93.05
Upside
ASGN is very steady at this time. Analysis and calculation of next after-hype price of ASGN Inc is based on 3 months time horizon.

ASGN Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as ASGN is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ASGN backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with ASGN, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.06 
2.11
  0.04 
  0.04 
10 Events / Month
9 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
90.98
90.94
0.04 
314.93  
Notes

ASGN Hype Timeline

ASGN Inc is presently traded for 90.98. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of -0.04. ASGN is forecasted to decline in value after the next headline, with the price expected to drop to 90.94. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.04%, whereas the daily expected return is presently at -0.06%. The volatility of related hype on ASGN is about 290.7%, with the expected price after the next announcement by competition of 90.94. About 97.0% of the company shares are held by institutions such as insurance companies. The book value of ASGN was presently reported as 40.15. The company has Price/Earnings To Growth (PEG) ratio of 2.02. ASGN Inc last dividend was issued on the 29th of October 2010. The entity had 2:1 split on the 4th of April 2000. Given the investment horizon of 90 days the next forecasted press release will be in about 10 days.
Check out ASGN Basic Forecasting Models to cross-verify your projections.

ASGN Related Hype Analysis

Having access to credible news sources related to ASGN's direct competition is more important than ever and may enhance your ability to predict ASGN's future price movements. Getting to know how ASGN's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how ASGN may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
EXLSExlService Holdings(0.74)10 per month 0.40  0.19  2.56 (1.41) 8.35 
WNSWNS Holdings 0.31 8 per month 0.00 (0.12) 2.95 (3.12) 13.44 
ITGartner(0.95)7 per month 1.05 (0.02) 1.37 (2.06) 7.23 
HCKTThe Hackett Group 1.20 7 per month 0.94  0.08  2.61 (1.80) 19.63 
GGenpact Limited(0.14)9 per month 0.82  0.10  2.64 (1.63) 11.64 
CACICACI International(11.46)11 per month 0.00 (0.08) 2.84 (4.18) 14.84 
PRFTPerficient(0.07)7 per month 0.00 (0.71) 0.23 (0.21) 0.58 
LDOSLeidos Holdings 3.76 9 per month 2.89 (0.01) 2.17 (1.90) 23.10 
PSNParsons Corp(0.61)12 per month 2.23 (0.04) 2.89 (2.83) 15.20 
CDChindata Group Holdings 0.08 1 per month 2.40  0.06  5.00 (3.69) 16.11 
TTECTTEC Holdings(0.09)8 per month 3.36  0.01  6.44 (4.94) 56.54 
TWKSThoughtworks Holding 0.00 10 per month 0.24 (0.18) 0.68 (0.46) 2.49 

ASGN Additional Predictive Modules

Most predictive techniques to examine ASGN price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ASGN using various technical indicators. When you analyze ASGN charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About ASGN Predictive Indicators

The successful prediction of ASGN stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as ASGN Inc, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of ASGN based on analysis of ASGN hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ASGN's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ASGN's related companies.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding64.4768.0160.8144.8
PTB Ratio3.492.172.453.91

Story Coverage note for ASGN

The number of cover stories for ASGN depends on current market conditions and ASGN's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ASGN is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ASGN's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

ASGN Short Properties

ASGN's future price predictability will typically decrease when ASGN's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ASGN Inc often depends not only on the future outlook of the potential ASGN's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ASGN's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding48.7 M
Cash And Short Term Investments175.9 M
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 ASGN Basic Forecasting Models to cross-verify your projections.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.