The Top Energy Stories Of 2024 Progress Amid Global Challenges
| PRGS Stock | USD 66.26 0.97 1.49% |
Slightly above 66 percent of all Progress Software's private investors are curious in acquiring. The analysis of the overall prospects from investing in Progress Software suggests that a large number of traders are, at the present time, confidant. Progress Software's investing sentiment can be driven by a variety of factors including economic data, Progress Software's earnings reports, geopolitical events, and overall market trends.
Progress |
Explore 2024s top energy stories, from record-breaking oil production and surging EV sales to AI innovations, California regulations, and the impact of climate change.
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Progress Software Current Investor Sentiment
Panic Vs Confidence
66
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Progress Software's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Progress Software.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentDisposing |
Progress Software Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Progress Software can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Progress Software Fundamental Analysis
We analyze Progress Software's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Progress Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Progress Software based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Number Of Shares Shorted
Number Of Shares Shorted Comparative Analysis
Progress Software is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Progress Software Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Progress Software stock to make a market-neutral strategy. Peer analysis of Progress Software could also be used in its relative valuation, which is a method of valuing Progress Software by comparing valuation metrics with similar companies.
Peers
Progress Software Related Equities
| VERI | Veritone | 9.52 | ||||
| BB | BlackBerry | 4.49 | ||||
| GB | Global Blue | 3.10 | ||||
| MQ | Marqeta | 0.82 | ||||
| NN | Nextnav Acquisition | 0.20 | ||||
| DOCN | DigitalOcean Holdings | 0.28 | ||||
| JG | Aurora Mobile | 2.60 |
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.