Progress Software Stock Alpha and Beta Analysis
| PRGS Stock | USD 68.73 1.62 2.41% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Progress Software. It also helps investors analyze the systematic and unsystematic risks associated with investing in Progress Software over a specified time horizon. Remember, high Progress Software's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Progress Software's market risk premium analysis include:
Beta 0.67 | Alpha 0.22 | Risk 1.92 | Sharpe Ratio 0.16 | Expected Return 0.3 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Progress Software Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Progress Software market risk premium is the additional return an investor will receive from holding Progress Software 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 Progress Software. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Progress Software's performance over market.| α | 0.22 | β | 0.67 |
Progress Software expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Progress Software's Buy-and-hold return. Our buy-and-hold chart shows how Progress Software performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Progress Software Market Price Analysis
Market price analysis indicators help investors to evaluate how Progress Software stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Progress Software shares will generate the highest return on investment. By understating and applying Progress Software stock market price indicators, traders can identify Progress Software position entry and exit signals to maximize returns.
Progress Software Return and Market Media
The median price of Progress Software for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 64.9 with a coefficient of variation of 6.75. The daily time series for the period is distributed with a sample standard deviation of 4.25, arithmetic mean of 62.96, and mean deviation of 3.93. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Anthony Folger of 1996 shares of Progress Software subject to Rule 16b-3 | 08/30/2024 |
| Progress Software dividend paid on 16th of September 2024 | 09/16/2024 |
2 | JetBlue Airways Corp Q3 2024 Earnings Call Highlights Margin Gains and Revenue Progress ... | 10/30/2024 |
3 | 25 Years of Progress The Journey of Dows Global African Affinity Network Employee Resource Group | 11/04/2024 |
4 | Progress Software Corporation Hits Fresh High Is There Still Room to Run | 11/08/2024 |
5 | Residents Blocks Burglary In Progress Redondo Beach Crime Blotter | 11/12/2024 |
6 | IBM Launches Its Most Advanced Quantum Computers, Fueling New Scientific Value and Progress towards Quantum Advantage | 11/13/2024 |
7 | Has Burford Made Significant Progress | 11/14/2024 |
8 | Carbon Credit Dispute Overshadows Early Progress at COP29 | 11/15/2024 |
9 | NASA to Provide Coverage of Progress 90 Launch, Space Station Docking | 11/18/2024 |
10 | Rocket Pharmaceuticals Gene Therapy Progress Boosts Confidence in Future Developments Analyst | 11/19/2024 |
11 | Progress on New York City school bus fleet electrification is slow, advocatess say | 11/21/2024 |
About Progress Software Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Progress or other stocks. Alpha measures the amount that position in Progress Software has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0134 | 0.0135 | 0.0155 | 0.016 | Price To Sales Ratio | 3.85 | 3.37 | 3.03 | 2.44 |
Progress Software Upcoming Company Events
As portrayed in its financial statements, the presentation of Progress Software's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Progress Software's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Progress Software's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Progress Software. Please utilize our Beneish M Score to check the likelihood of Progress Software's management manipulating its earnings.
| 26th of March 2024 Upcoming Quarterly Report | View | |
| 4th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 21st of January 2025 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 30th of November 2023 Last Financial Announcement | View |
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Additional Tools for Progress Stock Analysis
When running Progress Software's price analysis, check to measure Progress Software'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 Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.