Progressive Corp Stock Price on November 21, 2024

PGR Stock  USD 265.88  0.18  0.07%   
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 265.88, as last reported on the 26th of November, with the highest price reaching 266.89 and the lowest price hitting 261.72 during the day.
IPO Date
9th of July 1986
200 Day MA
222.8082
50 Day MA
253.071
Beta
0.366
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Progressive Stock, it is important to understand the factors that can impact its price. Currently, Progressive Corp is very steady. Progressive Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0935, which implies the firm had a 0.0935% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Progressive Corp, which you can use to evaluate the volatility of the company. Please check Progressive Corp's Semi Deviation of 0.9846, coefficient of variation of 797.37, and Risk Adjusted Performance of 0.0997 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
  
At this time, Progressive Corp's Total Stockholder Equity is relatively stable compared to the past year. As of 11/26/2024, 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 11/26/2024, Price Earnings To Growth Ratio is likely to grow to 0.06, while Price To Sales Ratio is likely to drop 1.49. Progressive Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0935

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Estimated Market Risk

 1.25
  actual daily
11
89% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Progressive Corp is performing at about 7% 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
5.7388
Enterprise Value Ebitda
21.8519
Price Sales
2.1645
Shares Float
583.5 M
Dividend Share
1.15

Progressive Corp Main Headline on 21st of November 2024

Commonwealth MA, LLC, a premier full-service Merger Acquisition advisory firm providing transactional and valuation services to small and medium sized businesses, has announced the acquisition of its client Progressive Pipeline Management , LLC by Platform Partners, LLC.

Progressive Corp Valuation on November 21, 2024

It is possible to determine the worth of Progressive Corp on a given historical date. On November 21, 2024 Progressive was worth 259.4 at the beginning of the trading date compared to the closed value of 263.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Progressive Corp stock. Still, in general, we apply an absolute valuation method to find Progressive Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Progressive Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Progressive Corp's related companies.
 Open High Low Close Volume
  254.84    257.62    253.26    257.02    1,638,438  
11/21/2024
  259.40    263.51    257.20    263.44    2,280,489  
  264.22    266.18    263.23    266.06    2,321,052  
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Open Value
259.4
255.64
Downside
263.44
Closing Value
263.16
Upside

Progressive Corp Trading Date Momentum on November 21, 2024

On November 22 2024 Progressive Corp was traded for  266.06  at the closing time. Highest Progressive Corp's price during the trading hours was 266.18  and the lowest price during the day was  263.23 . The net volume was 2.3 M. The overall trading history on the 22nd of November contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 0.99% . The trading delta at closing time to current price is 0.69% .

Progressive Corp Fundamentals Correlations and Trends

By evaluating Progressive Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Progressive Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Progressive financial account trend analysis is a perfect complement when working with valuation or volatility modules.

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 Next Year
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

Low
November 26, 2024
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High

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Progressive Corp November 26, 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.

Additional 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.