Progress Software Stock Price on October 3, 2024
| PRGS Stock | USD 69.25 0.52 0.76% |
Below is the normalized historical share price chart for Progress Software extending back to July 30, 1991. 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 Progress Software stands at 69.25, as last reported on the 25th of November, with the highest price reaching 69.39 and the lowest price hitting 68.55 during the day.
If you're considering investing in Progress Stock, it is important to understand the factors that can impact its price. Progress Software appears to be very steady, given 3 months investment horizon. Progress Software maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Progress Software, which you can use to evaluate the volatility of the company. Please evaluate Progress Software's Semi Deviation of 0.6966, coefficient of variation of 586.88, and Risk Adjusted Performance of 0.1367 to confirm if our risk estimates are consistent with your expectations.
At this time, Progress Software's Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.9 B in 2024, whereas Common Stock Total Equity is likely to drop slightly above 370.2 K in 2024. . At this time, Progress Software's Price To Operating Cash Flows Ratio is comparatively stable compared to the past year. Price To Free Cash Flows Ratio is likely to gain to 16.79 in 2024, whereas Price Earnings Ratio is likely to drop 20.85 in 2024. Progress Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of July 1991 | 200 Day MA 56.3732 | 50 Day MA 64.9242 | Beta 0.92 |
Progress |
Sharpe Ratio = 0.1578
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Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Progress Software is performing at about 12% 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 Progress Software by adding it to a well-diversified portfolio.
Price Book 6.9809 | Enterprise Value Ebitda 15.5642 | Price Sales 4.1531 | Shares Float 42.5 M | Dividend Share 0.7 |
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Progress Software Valuation on October 3, 2024
It is possible to determine the worth of Progress Software on a given historical date. On October 3, 2024 Progress was worth 65.06 at the beginning of the trading date compared to the closed value of 64.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Progress Software stock. Still, in general, we apply an absolute valuation method to find Progress Software'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 Progress Software where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Progress Software's related companies.
| Open | High | Low | Close | Volume | |
| 65.25 | 66.16 | 64.55 | 65.42 | 609,758 | |
10/03/2024 | 65.06 | 65.74 | 64.53 | 64.81 | 601,524 |
| 65.39 | 66.36 | 64.67 | 66.29 | 386,466 |
| Backtest Progress Software | | | Progress Software History | | | Progress Software Valuation | Previous | Next |
Progress Software Trading Date Momentum on October 3, 2024
| On October 04 2024 Progress Software was traded for 66.29 at the closing time. The top price for the day was 66.36 and the lowest listed price was 64.67 . The trading volume for the day was 386.5 K. The trading history from October 4, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 2.28% . The trading delta at closing time against the current closing price is 0.83% . |
Progress Software Fundamentals Correlations and Trends
By evaluating Progress Software'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 Progress Software's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Progress financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Progress Software Stock history
Progress Software 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 Progress is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Progress Software 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 Progress Software stock prices may prove useful in developing a viable investing in Progress Software
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 40.2 M | 44.4 M | |
| Net Income Applicable To Common Shares | 109.3 M | 114.8 M |
Progress Software Stock Technical Analysis
Progress Software 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
Progress Software Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Progress Software cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Progress Software November 25, 2024 Market Strength
Market strength 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 undertsting and applying Progress Software stock market strength indicators, traders can identify Progress Software entry and exit signals to maximize returns
Progress Software Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Progress Software's price direction in advance. Along with the technical and fundamental analysis of Progress Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Progress 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 | 0.1367 | |||
| Jensen Alpha | 0.2368 | |||
| Total Risk Alpha | 0.0146 | |||
| Sortino Ratio | 0.1839 | |||
| Treynor Ratio | 0.4861 |
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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.