Progressive Performance

PGR -- USA Stock  

USD 74.02  0.62  0.84%

The organization holds Beta of 0.459 which implies as returns on market increase, Progressive returns are expected to increase less than the market. However during bear market, the loss on holding Progressive will be expected to be smaller as well. Even though it is essential to pay attention to Progressive current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Progressive exposes twenty-one different technical indicators which can help you to evaluate its performance. Progressive has expected return of -0.143%. Please be advised to check Progressive Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Progressive past performance will be repeated at some point in the near future.

Risk-Adjusted Performance

Over the last 30 days Progressive Corporation has generated negative risk-adjusted returns adding no value to investors with long positions. In defiance of latest fragile performance, the Stock's forward-looking signals remain invariable and the latest agitation on Wall Street may also be a sign of long running gains for the enterprise management.
Quick Ratio0.26
Fifty Two Week Low56.71
Target High Price100.00
Payout Ratio49.53%
Fifty Two Week High84.96
Target Low Price78.00
Trailing Annual Dividend Yield3.73%
Horizon     30 Days    Login   to change

Progressive Relative Risk vs. Return Landscape

If you would invest  8,164  in Progressive Corporation on August 18, 2019 and sell it today you would lose (762.00)  from holding Progressive Corporation or give up 9.33% of portfolio value over 30 days. Progressive Corporation is generating negative expected returns assuming volatility of 1.5726% on return distribution over 30 days investment horizon. In other words, 14% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, Progressive is expected to under-perform the market. In addition to that, the company is 1.73 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of volatility.

Progressive Market Risk Analysis

Sharpe Ratio = -0.091
Good Returns
Average Returns
Small Returns
Negative ReturnsPGR

Progressive Relative Performance Indicators

Estimated Market Risk
  actual daily
 14 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Progressive is performing at about 0% 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 by adding it to a well-diversified portfolio.

Progressive Alerts

Equity Alerts and Improvement Suggestions

Progressive generates negative expected return over the last 30 days
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.
Over 82.0% of Progressive shares are owned by institutional investors
Latest headline from MacroaxisInsider: Exercise or conversion by Williams Robert T 1 of 18540 shares of Progressive subject to Rule 16b-3

Progressive Dividends

Progressive Dividends Analysis

Check Progressive dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
Check Dividends  
Additionally take a look at Your Equity Center. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.