Progressive (Germany) Price on September 12, 2024
| PGV Stock | EUR 253.55 3.55 1.42% |
If you're considering investing in Progressive Stock, it is important to understand the factors that can impact its price. As of today, the current price of Progressive stands at 253.55, as last reported on the 27th of November, with the highest price reaching 253.55 and the lowest price hitting 252.85 during the day. Progressive appears to be very steady, given 3 months investment horizon. Progressive maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Progressive, which you can use to evaluate the volatility of the company. Please evaluate Progressive's Market Risk Adjusted Performance of 0.2643, coefficient of variation of 646.35, and Semi Deviation of 1.13 to confirm if our risk estimates are consistent with your expectations.
Progressive Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Progressive |
Sharpe Ratio = 0.138
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Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Progressive is performing at about 10% 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 Valuation on September 12, 2024
It is possible to determine the worth of Progressive on a given historical date. On September 12, 2024 Progressive was worth 226.1 at the beginning of the trading date compared to the closed value of 225.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Progressive stock. Still, in general, we apply an absolute valuation method to find Progressive'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Progressive's related companies.
| Open | High | Low | Close | Volume | |
| 223.65 | 225.45 | 223.65 | 223.90 | 635.00 | |
09/12/2024 | 226.10 | 226.10 | 225.50 | 225.90 | 2,247 |
| 224.15 | 229.70 | 224.15 | 229.70 | 1,922 |
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Progressive Trading Date Momentum on September 12, 2024
| On September 13 2024 The Progressive was traded for 229.70 at the closing time. The highest daily price throughout the period was 229.70 and the lowest price was 224.15 . The daily volume was 1.9 K. The net trading volume on 09/13/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 1.68% . The trading price change to current closing price is 2.50% . |
Progressive Fundamentals Correlations and Trends
By evaluating Progressive'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'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 Stock history
Progressive 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 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 stock prices may prove useful in developing a viable investing in Progressive
The Progressive Corporation, through its subsidiaries, provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services primarily in the United States. The company was founded in 1937 and is headquartered in Mayfield, Ohio. PROGRESSIVE CORP operates under Insurance - Property Casualty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 37346 people.
Progressive Stock Technical Analysis
Progressive 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.
Price Boundaries
Progressive Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
The Progressive cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Progressive November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Progressive 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 shares will generate the highest return on investment. By undertsting and applying Progressive stock market strength indicators, traders can identify The Progressive entry and exit signals to maximize returns
Progressive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Progressive'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.
| Risk Adjusted Performance | 0.1229 | |||
| Jensen Alpha | 0.1126 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0675 | |||
| Treynor Ratio | 0.2543 |
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| Volume Indicators |
Complementary Tools for Progressive Stock analysis
When running Progressive's price analysis, check to measure Progressive'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 is operating at the current time. Most of Progressive's value examination focuses on studying past and present price action to predict the probability of Progressive'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's price. Additionally, you may evaluate how the addition of Progressive to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |