Prog Holdings Stock Alpha and Beta Analysis
| PRG Stock | USD 47.43 1.09 2.35% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PROG Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in PROG Holdings over a specified time horizon. Remember, high PROG Holdings' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to PROG Holdings' market risk premium analysis include:
Beta 2.03 | Alpha (0.16) | Risk 2.34 | Sharpe Ratio 0.0177 | Expected Return 0.0414 |
PROG Holdings Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
PROG |
PROG Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PROG Holdings market risk premium is the additional return an investor will receive from holding PROG Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PROG Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate PROG Holdings' performance over market.| α | -0.16 | β | 2.03 |
PROG Holdings expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of PROG Holdings' Buy-and-hold return. Our buy-and-hold chart shows how PROG Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.PROG Holdings Market Price Analysis
Market price analysis indicators help investors to evaluate how PROG Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PROG Holdings shares will generate the highest return on investment. By understating and applying PROG Holdings stock market price indicators, traders can identify PROG Holdings position entry and exit signals to maximize returns.
PROG Holdings Return and Market Media
The median price of PROG Holdings for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 47.08 with a coefficient of variation of 4.02. The daily time series for the period is distributed with a sample standard deviation of 1.88, arithmetic mean of 46.75, and mean deviation of 1.44. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| PROG Holdings dividend paid on 3rd of September 2024 | 09/03/2024 |
2 | Acquisition by James Smith of 4151 shares of PROG Holdings at 36.13 subject to Rule 16b-3 | 10/23/2024 |
3 | Disposition of 290 shares by King Michael Todd of PROG Holdings at 44.03 subject to Rule 16b-3 | 11/01/2024 |
4 | Disposition of 257 shares by George Sewell of PROG Holdings at 44.03 subject to Rule 16b-3 | 11/04/2024 |
5 | Disposition of 5800 shares by Steven Michaels of PROG Holdings at 48.82 subject to Rule 16b-3 | 11/07/2024 |
6 | Acquisition by Steven Michaels of 138664 shares of PROG Holdings at 29.4 subject to Rule 16b-3 | 11/08/2024 |
7 | Disposition of 6076 shares by Steven Michaels of PROG Holdings at 48.34 subject to Rule 16b-3 | 11/11/2024 |
8 | Prog Holdings director Doman Linn sells shares worth 3.89 million | 11/12/2024 |
9 | PROG Holdings Could Be A Buy For Its Upcoming Dividend | 11/14/2024 |
10 | Prog Holdings executive George Sewell sells 171,080 in stock | 11/15/2024 |
11 | Principal Financial Group Inc. Sells 53,407 Shares of PROG Holdings, Inc. - MarketBeat | 11/19/2024 |
About PROG Holdings Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including PROG or other stocks. Alpha measures the amount that position in PROG Holdings has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.003422 | 0.001711 | Price To Sales Ratio | 0.59 | 0.56 |
PROG Holdings Upcoming Company Events
As portrayed in its financial statements, the presentation of PROG Holdings' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PROG Holdings' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of PROG Holdings' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of PROG Holdings. Please utilize our Beneish M Score to check the likelihood of PROG Holdings' management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with PROG Holdings
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Check out PROG Holdings Backtesting, PROG Holdings Valuation, PROG Holdings Correlation, PROG Holdings Hype Analysis, PROG Holdings Volatility, PROG Holdings History and analyze PROG Holdings Performance. For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
PROG Holdings 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.