Stock Price Trends

ASGN Inc (ASGN)

ASGN Incorporated provides professional staff and IT solutions in the fields of technology, digital, creative, engineering and life sciences in the commercial and government sectors in the United States and internationally. The company is headquartered in Glen Allen, Virginia.

Stock Price Trends

Stock price trends estimated using linear regression.

Key facts

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 85.17% per annum.
  • ASGN price at the close of April 29, 2025 was $50.86 and was inside the primary price channel.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 77.55% per annum.
  • ASGN price at the close of April 29, 2025 was inside the secondary price channel.

Linear Regression Model

Model equation:
Yi = α + β × Xi + εi

Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)

Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)

where:

i - observation number
Yi - natural logarithm of ASGN price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e


Primary Trend

Start date: January 13, 2025
End date: April 29, 2025

a = 13.5146

b = -0.0052

s = 0.0477

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0052) – 1
= -85.17%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0477) – 1
= 21.05%

January 13, 2025 calculations

Top border of price channel:

Exp(Y1,182)
= Exp(a + b × X1,182 + 2 × s)
= Exp(a + b × 1,719 + 2 × s)
= Exp(13.5146 + -0.0052 × 1,719 + 2 × 0.0477)
= Exp(4.6220)
= $101.69

Bottom border of price channel:

Exp(Y1,182)
= Exp(a + b × X1,182 – 2 × s)
= Exp(a + b × 1,719 – 2 × s)
= Exp(13.5146 + -0.0052 × 1,719 – 2 × 0.0477)
= Exp(4.4310)
= $84.01

April 29, 2025 calculations

Top border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(13.5146 + -0.0052 × 1,825 + 2 × 0.0477)
= Exp(4.0677)
= $58.42

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(13.5146 + -0.0052 × 1,825 – 2 × 0.0477)
= Exp(3.8767)
= $48.27

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 85.17% per annum.
  • ASGN price at the close of April 29, 2025 was $50.86 and was inside the primary price channel.

Secondary Trend

Start date: February 14, 2025
End date: April 29, 2025

a = 11.4741

b = -0.0041

s = 0.0387

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0041) – 1
= -77.55%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0387) – 1
= 16.76%

February 14, 2025 calculations

Top border of price channel:

Exp(Y1,205)
= Exp(a + b × X1,205 + 2 × s)
= Exp(a + b × 1,751 + 2 × s)
= Exp(11.4741 + -0.0041 × 1,751 + 2 × 0.0387)
= Exp(4.3842)
= $80.17

Bottom border of price channel:

Exp(Y1,205)
= Exp(a + b × X1,205 – 2 × s)
= Exp(a + b × 1,751 – 2 × s)
= Exp(11.4741 + -0.0041 × 1,751 – 2 × 0.0387)
= Exp(4.2292)
= $68.66

April 29, 2025 calculations

Top border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(11.4741 + -0.0041 × 1,825 + 2 × 0.0387)
= Exp(4.0813)
= $59.22

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(11.4741 + -0.0041 × 1,825 – 2 × 0.0387)
= Exp(3.9263)
= $50.72

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 77.55% per annum.
  • ASGN price at the close of April 29, 2025 was inside the secondary price channel.