ASGN Incorporated (Germany) Market Value

OA2 Stock  EUR 80.00  1.50  1.84%   
ASGN Incorporated's market value is the price at which a share of ASGN Incorporated trades on a public exchange. It measures the collective expectations of ASGN Incorporated investors about its performance. ASGN Incorporated is trading at 80.00 as of the 25th of December 2024. This is a 1.84 percent decrease since the beginning of the trading day. The stock's lowest day price was 80.0.
With this module, you can estimate the performance of a buy and hold strategy of ASGN Incorporated and determine expected loss or profit from investing in ASGN Incorporated over a given investment horizon. Check out ASGN Incorporated Correlation, ASGN Incorporated Volatility and ASGN Incorporated Alpha and Beta module to complement your research on ASGN Incorporated.
Symbol

Please note, there is a significant difference between ASGN Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASGN Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASGN Incorporated'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.

ASGN Incorporated 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ASGN Incorporated's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ASGN Incorporated.
0.00
11/25/2024
No Change 0.00  0.0 
In 30 days
12/25/2024
0.00
If you would invest  0.00  in ASGN Incorporated on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding ASGN Incorporated or generate 0.0% return on investment in ASGN Incorporated over 30 days. ASGN Incorporated is related to or competes with Insperity, ManpowerGroup, Hays Plc, PageGroup Plc, and Kforce. ASGN Incorporated provides information technology and professional staffing services in the technology, digital, creativ... More

ASGN Incorporated Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ASGN Incorporated's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ASGN Incorporated upside and downside potential and time the market with a certain degree of confidence.

ASGN Incorporated Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ASGN Incorporated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ASGN Incorporated's standard deviation. In reality, there are many statistical measures that can use ASGN Incorporated historical prices to predict the future ASGN Incorporated's volatility.
Hype
Prediction
LowEstimatedHigh
77.8280.0082.18
Details
Intrinsic
Valuation
LowRealHigh
77.0279.2081.38
Details

ASGN Incorporated Backtested Returns

ASGN Incorporated secures Sharpe Ratio (or Efficiency) of -0.0245, which signifies that the company had a -0.0245% return per unit of risk over the last 3 months. ASGN Incorporated exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ASGN Incorporated's Risk Adjusted Performance of (0.01), standard deviation of 2.18, and Mean Deviation of 1.49 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ASGN Incorporated's returns are expected to increase less than the market. However, during the bear market, the loss of holding ASGN Incorporated is expected to be smaller as well. At this point, ASGN Incorporated has a negative expected return of -0.0534%. Please make sure to confirm ASGN Incorporated's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if ASGN Incorporated performance from the past will be repeated in the future.

Auto-correlation

    
  0.46  

Average predictability

ASGN Incorporated has average predictability. Overlapping area represents the amount of predictability between ASGN Incorporated time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ASGN Incorporated price movement. The serial correlation of 0.46 indicates that about 46.0% of current ASGN Incorporated price fluctuation can be explain by its past prices.
Correlation Coefficient0.46
Spearman Rank Test0.16
Residual Average0.0
Price Variance4.07

ASGN Incorporated lagged returns against current returns

Autocorrelation, which is ASGN Incorporated stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ASGN Incorporated's stock expected returns. We can calculate the autocorrelation of ASGN Incorporated returns to help us make a trade decision. For example, suppose you find that ASGN Incorporated has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

ASGN Incorporated regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ASGN Incorporated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ASGN Incorporated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ASGN Incorporated stock over time.
   Current vs Lagged Prices   
       Timeline  

ASGN Incorporated Lagged Returns

When evaluating ASGN Incorporated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ASGN Incorporated stock have on its future price. ASGN Incorporated autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ASGN Incorporated autocorrelation shows the relationship between ASGN Incorporated stock current value and its past values and can show if there is a momentum factor associated with investing in ASGN Incorporated.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in ASGN Stock

ASGN Incorporated financial ratios help investors to determine whether ASGN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ASGN with respect to the benefits of owning ASGN Incorporated security.