Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Progressive Corporation is 'Strong Hold'. Macroaxis provides Progressive buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PGR positions. The advice algorithm takes into account all of Progressive available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from PGR buy-and-hold prospective. Additionally take a look at Progressive Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Progressive Corporation has a risk adjusted performance of (0.037098), jensen alpha of (0.016396), total risk alpha of 0.0101, sortino ratio of 0.0 and treynor ratio of (0.07)Macroaxis provides unbiased recommendation on Progressive Corporation that should be used to complement current analysts and expert consensus on Progressive. Our buy or sell recommendations engine determines the corporation potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Progressive is not overpriced, please check all Progressive fundamentals including its Revenue, Cash Flow from Operations, Five Year Return, as well as the relationship between Cash per Share and Beta . Given that Progressive has Number of Shares Shorted of 5.29M, we recommend you check out Progressive market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.
Progressive Trading Alerts and Improvement Suggestions
The company has 4.61B in debt with debt to equity (D/E) ratio of 34.0 . This implies that the company may be unable to create cash to meet all of its financial commitments. Progressive has Current Ratio of 0.36 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
Progressive Corporation exhibits very low volatility with skewness of -1.22 and kurtosis of 2.52. However, we advise investors to further study Progressive Corporation technical indicators to make sure all market info is available and is reliable.