Progressive Corp (Germany) Today
| PGR Stock | EUR 47.40 0.20 0.42% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Progressive Corp is trading at 47.40 as of the 19th of April 2024. This is a -0.42 percent decrease since the beginning of the trading day. The stock's lowest day price was 47.4. Progressive Corp has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Progressive Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
Progress Software Corporation develops business applications worldwide. The company was founded in 1981 and is headquartered in Bedford, Massachusetts. PROGRESS SOFTWARE operates under Software - Application classification in Germany and is traded on Frankfurt Stock Exchange. The company has 43.35 M outstanding shares. More on Progressive Corp
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Follow Valuation Odds of Bankruptcy
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Progressive Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Progressive Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Progressive Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | John Auer |
| Business Concentration | Software - Application, Technology (View all Sectors) |
Progressive Corp (PGR) is traded on Frankfurt Exchange in Germany and employs 2,071 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Progressive Corp's market, we take the total number of its shares issued and multiply it by Progressive Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Progressive Corp classifies itself under Technology sector and is part of Software - Application industry. The entity has 43.35 M outstanding shares.
Progressive Corp has accumulated about 128.55 M in cash with 192.16 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.87.
Check Progressive Corp Probability Of Bankruptcy
Ownership AllocationProgressive Corp has a total of 43.35 Million outstanding shares. The majority of Progressive Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Progressive Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Progressive Corp. Please pay attention to any change in the institutional holdings of Progressive Corp as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Progressive Ownership Details
Progressive Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Progressive Corp jumping above the current price in 90 days from now is about 88.3%. The Progressive Corp probability density function shows the probability of Progressive Corp stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Progressive Corp has a beta of -0.4328 indicating as returns on the benchmark increase, returns on holding Progressive Corp are expected to decrease at a much lower rate. During a bear market, however, Progressive Corp is likely to outperform the market. Additionally, progressive Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Progressive Corp to move above the current price in 90 days from now is about 88.3 (This Progressive Corp probability density function shows the probability of Progressive Stock to fall within a particular range of prices over 90 days) .
Progressive Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Progressive Corp market risk premium is the additional return an investor will receive from holding Progressive Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Progressive Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Progressive Corp's alpha and beta are two of the key measurements used to evaluate Progressive Corp's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.07 | |||
| Standard Deviation | 1.41 | |||
| Variance | 2.0 | |||
| Risk Adjusted Performance | (0.01) |
Progressive Stock Against Markets
Picking the right benchmark for Progressive Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Progressive Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Progressive Corp is critical whether you are bullish or bearish towards Progressive Corp at a given time. Please also check how Progressive Corp's historical prices are related to one of the top price index indicators.
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Progressive Corp Corporate Directors
Progressive Corp corporate directors refer to members of a Progressive Corp board of directors. The board of directors generally takes responsibility for the Progressive Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Progressive Corp's board members must vote for the resolution. The Progressive Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Stuart Burgdoerfer | Independent Director | Profile | |
| Patrick Nettles | Independent Director | Profile | |
| Philip Bleser | Independent Director | Profile | |
| Bradley Sheares | Independent Director | Profile |
How to buy Progressive Stock?
Before investing in Progressive Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Progressive Corp. To buy Progressive Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Progressive Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Progressive Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Progressive Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Progressive Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Progressive Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Progressive Stock please use our How to Invest in Progressive Corp guide.
Already Invested in Progressive Corp?
The danger of trading Progressive Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Progressive Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Progressive Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Progressive Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Progressive Corp is a strong investment it is important to analyze Progressive Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Progressive Corp's future performance. For an informed investment choice regarding Progressive Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progressive Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Progressive Stock please use our How to Invest in Progressive Corp guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Progressive Stock analysis
When running Progressive Corp's price analysis, check to measure Progressive Corp'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 Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.
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