Progressive Care Price on July 18, 2024
RXMDDelisted Stock | USD 2.11 0.00 0.00% |
If you're considering investing in Progressive OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Progressive Care stands at 2.11, as last reported on the 26th of November, with the highest price reaching 2.11 and the lowest price hitting 2.11 during the day. Progressive Care is extremely dangerous given 3 months investment horizon. Progressive Care maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have collected data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.33% are justified by taking the suggested risk. Use Progressive Care Semi Deviation of 8.81, risk adjusted performance of 0.08, and Coefficient Of Variation of 1081.22 to evaluate company specific risk that cannot be diversified away.
Progressive OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Progressive |
Sharpe Ratio = 0.1504
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Estimated Market Risk
8.87 actual daily | 78 78% of assets are less volatile |
Expected Return
1.33 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Progressive Care is performing at about 11% 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 Care by adding it to a well-diversified portfolio.
Progressive Care Valuation on July 18, 2024
It is possible to determine the worth of Progressive Care on a given historical date. On July 18, 2024 Progressive was worth 1.8 at the beginning of the trading date compared to the closed value of 1.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Progressive Care otc stock. Still, in general, we apply an absolute valuation method to find Progressive Care'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 Care where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Progressive Care's related companies.
Open | High | Low | Close | Volume | |
1.51 | 1.51 | 1.51 | 1.51 | 1.00 | |
07/18/2024 | 1.80 | 1.80 | 1.80 | 1.80 | 1,200 |
1.77 | 2.07 | 1.41 | 2.07 | 2,700 |
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Progressive Care Trading Date Momentum on July 18, 2024
On July 19 2024 Progressive Care was traded for 2.07 at the closing time. The top price for the day was 2.07 and the lowest listed price was 1.41 . The trading volume for the day was 2.7 K. The trading history from July 19, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 15.00% . The trading delta at closing time against the current closing price is 8.33% . |
Progressive Care Fundamentals Correlations and Trends
By evaluating Progressive Care'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 Care'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 Care OTC Stock history
Progressive Care 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 Care 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 Care stock prices may prove useful in developing a viable investing in Progressive Care
Progressive Care, Inc., through its subsidiary, Pharmco, LLC, provides prescription pharmaceuticals to individuals and institutions in south Florida. Progressive Care, Inc. was founded in 2005 and is based in Hallandale Beach, Florida. Progressive Care operates under Pharmaceutical Retailers classification in the United States and is traded on OTC Exchange. It employs 118 people.
Progressive Care OTC Stock Technical Analysis
Progressive Care technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Progressive Care Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Progressive Care cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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 Care November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Progressive Care otc 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 Care shares will generate the highest return on investment. By undertsting and applying Progressive Care otc stock market strength indicators, traders can identify Progressive Care entry and exit signals to maximize returns
Progressive Care Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Progressive Care's price direction in advance. Along with the technical and fundamental analysis of Progressive OTC 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 | 0.08 | |||
Jensen Alpha | 1.03 | |||
Total Risk Alpha | (0.67) | |||
Sortino Ratio | 0.0687 | |||
Treynor Ratio | (1.58) |
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Pattern Recognition | ||
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Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Progressive OTC Stock
If you are still planning to invest in Progressive Care check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Progressive Care's history and understand the potential risks before investing.
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