PRGS Stock | | | USD 57.22 0.41 0.71% |
Progress Software financial indicator trend analysis is much more than just breaking down Progress Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Progress Software is a good investment. Please check the relationship between Progress Software Pretax Profit Margin and its Operating Profit Margin accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progress Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy Progress Stock please use our
How to Invest in Progress Software guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Progress Software Pretax Profit Margin account and
Operating Profit Margin. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Progress Software's Pretax Profit Margin and Operating Profit Margin is 0.86. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Operating Profit Margin in the same time period over historical financial statements of Progress Software, assuming nothing else is changed. The correlation between historical values of Progress Software's Pretax Profit Margin and Operating Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of Progress Software are associated (or correlated) with its Operating Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Profit Margin has no effect on the direction of Pretax Profit Margin i.e., Progress Software's Pretax Profit Margin and Operating Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from Progress Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Progress Software current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progress Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy Progress Stock please use our
How to Invest in Progress Software guide.At this time, Progress Software's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.14 in 2025, whereas
Issuance Of Capital Stock is likely to drop slightly above 25.6
M in 2025.
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.