Progressive (Germany) Performance
| PGV Stock | EUR 246.15 6.00 2.38% |
Progressive has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of -0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Progressive are expected to decrease at a much lower rate. During the bear market, Progressive is likely to outperform the market. Progressive right now holds a risk of 1.71%. Please check Progressive sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to decide if Progressive will be following its historical price patterns.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in The Progressive are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Progressive may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
| Begin Period Cash Flow | 202.1 M |
Progressive |
Progressive Relative Risk vs. Return Landscape
If you would invest 22,705 in The Progressive on December 21, 2024 and sell it today you would earn a total of 1,910 from holding The Progressive or generate 8.41% return on investment over 90 days. The Progressive is currently producing 0.1491% returns and takes up 1.7062% volatility of returns over 90 trading days. Put another way, 15% of traded stocks are less volatile than Progressive, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Progressive Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Progressive's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as The Progressive, and traders can use it to determine the average amount a Progressive'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 = 0.0874
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PGV | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.15 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Progressive is performing at about 6% 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 by adding it to a well-diversified portfolio.
Progressive Fundamentals Growth
Progressive Stock prices reflect investors' perceptions of the future prospects and financial health of Progressive, and Progressive 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 Stock performance.
| Return On Equity | 0.0423 | |||
| Return On Asset | 0.0118 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 75.83 B | |||
| Shares Outstanding | 584.9 M | |||
| Price To Earning | 13.31 X | |||
| Price To Book | 5.24 X | |||
| Price To Sales | 1.44 X | |||
| Revenue | 49.59 B | |||
| EBITDA | 1.73 B | |||
| Cash And Equivalents | 1.36 B | |||
| Cash Per Share | 2.33 X | |||
| Total Debt | 6.39 B | |||
| Debt To Equity | 32.50 % | |||
| Book Value Per Share | 27.17 X | |||
| Cash Flow From Operations | 7.76 B | |||
| Earnings Per Share | 1.12 X | |||
| Total Asset | 75.47 B | |||
About Progressive Performance
By analyzing Progressive's fundamental ratios, stakeholders can gain valuable insights into Progressive's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Progressive 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 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The Progressive Corporation, through its subsidiaries, provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services primarily in the United States. The company was founded in 1937 and is headquartered in Mayfield, Ohio. PROGRESSIVE CORP operates under Insurance - Property Casualty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 37346 people.Things to note about Progressive performance evaluation
Checking the ongoing alerts about Progressive for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Progressive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The Progressive has accumulated 6.39 B in total debt with debt to equity ratio (D/E) of 32.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Progressive has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Progressive until it has trouble settling it off, either with new capital or with free cash flow. So, Progressive'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 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's use of debt, we should always consider it together with cash and equity. | |
| Over 87.0% of Progressive shares are owned by institutional investors |
- Analyzing Progressive'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's stock is overvalued or undervalued compared to its peers.
- Examining Progressive'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's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Progressive's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Progressive's stock. These opinions can provide insight into Progressive's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Progressive Stock analysis
When running Progressive's price analysis, check to measure Progressive'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 Progressive is operating at the current time. Most of Progressive's value examination focuses on studying past and present price action to predict the probability of Progressive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive's price. Additionally, you may evaluate how the addition of Progressive to your portfolios can decrease your overall portfolio volatility.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |