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.
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.
|Fifty Two Week Low||56.71|
|Target High Price||100.00|
|Fifty Two Week High||84.96|
|Target Low Price||78.00|
|Trailing Annual Dividend Yield||3.73%|