Progressive Care Performance
| RXMDDelisted Stock | USD 2.11 0.00 0.00% |
Progressive Care holds a performance score of 11 on a scale of zero to a hundred. The company holds a Beta of 1.38, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Progressive Care will likely underperform. Use Progressive Care maximum drawdown, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on Progressive Care.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Progressive Care are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak primary indicators, Progressive Care exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.1 M | |
| Total Cashflows From Investing Activities | -123.3 K | |
| Free Cash Flow | -881.2 K |
Progressive |
Progressive Care Relative Risk vs. Return Landscape
If you would invest 169.00 in Progressive Care on August 28, 2024 and sell it today you would earn a total of 42.00 from holding Progressive Care or generate 24.85% return on investment over 90 days. Progressive Care is currently generating 1.3349% in daily expected returns and assumes 8.8739% risk (volatility on return distribution) over the 90 days horizon. In different words, 79% of otc stocks are less volatile than Progressive, and 74% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Progressive Care Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Progressive Care's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Progressive Care, and traders can use it to determine the average amount a Progressive Care's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1504
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | RXMD | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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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 Fundamentals Growth
Progressive OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Progressive Care, and Progressive Care fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Progressive OTC Stock performance.
| Return On Equity | -0.24 | |||
| Return On Asset | -0.12 | |||
| Profit Margin | (0.30) % | |||
| Operating Margin | (0.07) % | |||
| Current Valuation | 21.7 M | |||
| Shares Outstanding | 3.35 M | |||
| Price To Earning | 20.00 X | |||
| Price To Book | 39.78 X | |||
| Price To Sales | 0.50 X | |||
| Revenue | 38.85 M | |||
| EBITDA | 2.18 M | |||
| Cash And Equivalents | 2.23 M | |||
| Total Debt | 3.11 M | |||
| Book Value Per Share | (2.84) X | |||
| Cash Flow From Operations | (757.93 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 10.63 M | |||
| Retained Earnings | (3.21 M) | |||
| Current Asset | 1.76 M | |||
| Current Liabilities | 1.76 M | |||
About Progressive Care Performance
By analyzing Progressive Care's fundamental ratios, stakeholders can gain valuable insights into Progressive Care's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Progressive Care has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Progressive Care has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Progressive Care performance evaluation
Checking the ongoing alerts about Progressive Care for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Progressive Care help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Progressive Care is not yet fully synchronised with the market data | |
| Progressive Care is way too risky over 90 days horizon | |
| Progressive Care appears to be risky and price may revert if volatility continues | |
| Progressive Care has a very high chance of going through financial distress in the upcoming years | |
| Progressive Care currently holds 3.11 M in liabilities. Progressive Care has a current ratio of 0.58, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Progressive Care until it has trouble settling it off, either with new capital or with free cash flow. So, Progressive Care's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Progressive Care sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Progressive to invest in growth at high rates of return. When we think about Progressive Care's use of debt, we should always consider it together with cash and equity. | |
| Progressive Care currently holds about 2.23 M in cash with (757.93 K) of positive cash flow from operations. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Progressive Care's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Progressive Care's stock is overvalued or undervalued compared to its peers.
- Examining Progressive Care's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Progressive Care's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Progressive Care's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Progressive Care's otc stock. These opinions can provide insight into Progressive Care's potential for growth and whether the stock is currently undervalued or overvalued.
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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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