Progress Software Stock Price Prediction
| PRGS Stock | USD 62.94 0.78 1.22% |
Oversold Vs Overbought
36
Oversold | Overbought |
Quarterly Earnings Growth 0.548 | EPS Estimate Current Year 4.8165 | EPS Estimate Next Year 5.5533 | Wall Street Target Price 74.7143 | EPS Estimate Current Quarter 1.13 |
Using Progress Software hype-based prediction, you can estimate the value of Progress Software from the perspective of Progress Software response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Progress Software using Progress Software's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Progress using crowd psychology based on the activity and movement of Progress Software's stock price.
Progress Software Implied Volatility | 0.44 |
Progress Software's implied volatility exposes the market's sentiment of Progress Software stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Progress Software's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Progress Software stock will not fluctuate a lot when Progress Software's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Progress Software to buy its stock at a price that has no basis in reality. In that case, they are not buying Progress because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Progress Software after-hype prediction price | USD 62.91 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Progress contract
Based on the Rule 16, the options market is currently suggesting that Progress Software will have an average daily up or down price movement of about 0.0275% per day over the life of the 2025-03-21 option contract. With Progress Software trading at USD 62.94, that is roughly USD 0.0173 . If you think that the market is fully incorporating Progress Software's daily price movement you should consider acquiring Progress Software options at the current volatility level of 0.44%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Progress Software After-Hype Price Prediction Density Analysis
As far as predicting the price of Progress Software at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Progress Software or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Progress Software, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Progress Software Estimiated After-Hype Price Volatility
In the context of predicting Progress Software's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Progress Software's historical news coverage. Progress Software's after-hype downside and upside margins for the prediction period are 61.64 and 64.18, respectively. We have considered Progress Software's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Progress Software is very steady at this time. Analysis and calculation of next after-hype price of Progress Software is based on 3 months time horizon.
Progress Software Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Progress Software is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Progress Software backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Progress Software, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.05 | 1.27 | 0.03 | 0.02 | 9 Events / Month | 9 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
62.94 | 62.91 | 0.05 |
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Progress Software Hype Timeline
Progress Software is at this time traded for 62.94. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of -0.02. Progress is forecasted to decline in value after the next headline, with the price expected to drop to 62.91. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.05%, whereas the daily expected return is at this time at -0.05%. The volatility of related hype on Progress Software is about 417.37%, with the expected price after the next announcement by competition of 62.92. About 99.0% of the company shares are owned by institutional investors. The company last dividend was issued on the 30th of August 2024. Progress Software had 3:2 split on the 31st of January 2011. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days. Check out Progress Software Basic Forecasting Models to cross-verify your projections.Progress Software Related Hype Analysis
Having access to credible news sources related to Progress Software's direct competition is more important than ever and may enhance your ability to predict Progress Software's future price movements. Getting to know how Progress Software's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Progress Software may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PLUS | ePlus inc | (1.46) | 10 per month | 0.00 | (0.11) | 2.60 | (2.46) | 25.14 | |
| MODN | Model N | (0.04) | 8 per month | 0.29 | 0.12 | 1.01 | (0.50) | 10.58 | |
| AGYS | Agilysys | (3.07) | 9 per month | 3.42 | 0.08 | 4.40 | (5.24) | 19.98 | |
| SPNS | Sapiens International | 0.33 | 9 per month | 0.00 | (0.13) | 2.21 | (2.90) | 31.27 | |
| PDFS | PDF Solutions | 0.02 | 8 per month | 0.00 | (0.07) | 3.23 | (4.14) | 11.65 | |
| MIXT | Mix Telemats | 0.00 | 0 per month | 0.00 | (0.07) | 3.52 | (3.34) | 12.12 | |
| PRO | PROS Holdings | 0.61 | 8 per month | 2.87 | 0.08 | 5.81 | (4.98) | 18.63 | |
| PYCR | Paycor HCM | (0.50) | 8 per month | 0.99 | 0.25 | 3.37 | (2.88) | 26.32 | |
| ENV | Envestnet | (0.09) | 12 per month | 0.09 | 0.01 | 0.22 | (0.22) | 0.68 | |
| MNTV | Momentive Global | (0.02) | 8 per month | 0.00 | 0.19 | 0.43 | (0.21) | 20.63 | |
| MLNK | Meridianlink | (0.23) | 10 per month | 0.00 | (0.05) | 2.27 | (3.00) | 9.93 | |
| ENFN | Enfusion | 0.14 | 10 per month | 1.92 | 0.14 | 3.77 | (3.40) | 9.86 | |
| ONTF | ON24 Inc | 0.04 | 11 per month | 1.98 | 0.03 | 2.88 | (3.03) | 13.36 | |
| PWSC | Powerschool Holdings | 0.01 | 11 per month | 0.00 | 0.19 | 0.18 | (0.13) | 0.71 |
Progress Software Additional Predictive Modules
Most predictive techniques to examine Progress price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Progress using various technical indicators. When you analyze Progress charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Progress Software Predictive Indicators
The successful prediction of Progress Software stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Progress Software, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Progress Software based on analysis of Progress Software hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Progress Software's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Progress Software's related companies. | 2021 | 2022 | 2024 | 2025 (projected) | Dividend Yield | 0.0134 | 0.0135 | 0.0155 | 0.016 | Price To Sales Ratio | 3.85 | 3.37 | 3.03 | 2.44 |
Story Coverage note for Progress Software
The number of cover stories for Progress Software depends on current market conditions and Progress Software's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Progress Software is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Progress Software's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Progress Software Short Properties
Progress Software's future price predictability will typically decrease when Progress Software's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Progress Software often depends not only on the future outlook of the potential Progress Software's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Progress Software's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.7 M | |
| Cash And Short Term Investments | 127 M |
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.