Progressive Corp Stock Price on September 13, 2019

PGR Stock  USD 206.15  1.50  0.73%   
Below is the normalized historical share price chart for Progressive Corp extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Progressive Corp stands at 206.15, as last reported on the 28th of March, with the highest price reaching 206.30 and the lowest price hitting 204.26 during the day.
IPO Date
200 Day MA
155.0959
50 Day MA
188.4052
Beta
0.347
 
Black Monday
 
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Covid
If you're considering investing in Progressive Stock, it is important to understand the factors that can impact its price. Progressive Corp appears to be very steady, given 3 months investment horizon. Progressive Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.42, which implies the firm had a 0.42% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Progressive Corp, which you can use to evaluate the volatility of the company. Please evaluate Progressive Corp's Downside Deviation of 0.6086, standard deviation of 1.0, and Risk Adjusted Performance of 0.2427 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Progressive Corp's Total Stockholder Equity is relatively stable compared to the past year. As of 03/28/2024, Common Stock Shares Outstanding is likely to grow to about 620.5 M, while Common Stock Total Equity is likely to drop slightly above 445.3 M. . As of 03/28/2024, Price Earnings To Growth Ratio is likely to grow to 0.06, while Price Earnings Ratio is likely to drop 14.18. Progressive Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.4203

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Estimated Market Risk

 1.04
  actual daily
9
91% of assets are more volatile

Expected Return

 0.44
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.42
  actual daily
32
68% of assets perform better
Based on monthly moving average Progressive Corp is performing at about 32% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Progressive Corp by adding it to a well-diversified portfolio.
Price Book
6.0589
Enterprise Value Ebitda
21.8519
Price Sales
1.9449
Shares Float
583.1 M
Dividend Share
1.15

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About Progressive Corp Stock history

Progressive Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Progressive is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Progressive Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Progressive Corp stock prices may prove useful in developing a viable investing in Progressive Corp
Last ReportedProjected for 2024
Common Stock Shares Outstanding587.5 M620.5 M
Net Income Applicable To Common Shares798.8 M758.9 M

Progressive Corp Stock Technical Analysis

Progressive Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Progressive Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Progressive Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Progressive Corp Period Price Range

Progressive Corp March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Progressive Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Progressive Corp shares will generate the highest return on investment. By undertsting and applying Progressive Corp stock market strength indicators, traders can identify Progressive Corp entry and exit signals to maximize returns

Progressive Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Progressive Corp's price direction in advance. Along with the technical and fundamental analysis of Progressive Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Progressive to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 price.
To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.
Note that the Progressive Corp information on this page should be used as a complementary analysis to other Progressive Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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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Is Progressive Corp's industry 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 Progressive Corp. If investors know Progressive 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 Progressive Corp 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
1.424
Dividend Share
1.15
Earnings Share
6.59
Revenue Per Share
106.142
Quarterly Revenue Growth
0.254
The market value of Progressive Corp is measured differently than its book value, which is the value of Progressive that is recorded on the company's balance sheet. Investors also form their own opinion of Progressive Corp's value that differs from its market value or its book value, called intrinsic value, which is Progressive Corp'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 Progressive Corp's market value can be influenced by many factors that don't directly affect Progressive Corp'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 Progressive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progressive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progressive Corp'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.