Progressive Stock Volatility Indicators Average True Range

PGR
 Stock
  

USD 118.49  2.40  1.99%   

Progressive Corp volatility indicators tool provides the execution environment for running the Average True Range indicator and other technical functions against Progressive Corp. Progressive Corp value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of volatility indicators indicators. As with most other technical indicators, the Average True Range indicator function is designed to identify and follow existing trends. Progressive Corp volatility indicators enable investors to predict price movements based on how different True Range indicators change over time. Please specify Time Period to run this model.

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The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Progressive Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Progressive Corp Technical Analysis Modules

Most technical analysis of Progressive Corp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Progressive from various momentum indicators to cycle indicators. When you analyze Progressive 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.

About Progressive Corp Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Progressive Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Progressive Corp based on widely used predictive technical indicators. In general, we focus on analyzing Progressive Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Progressive Corp's daily price indicators and compare them against related drivers, such as volatility indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Progressive Corp's intrinsic value. In addition to deriving basic predictive indicators for Progressive Corp, we also check how macroeconomic factors affect Progressive Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2019 2020 2021 2022 (projected)
PPandE Turnover33.2836.6842.5345.88
Calculated Tax Rate22.8720.4720.4126.48
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Progressive Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Progressive Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
118.77120.53122.29
Details
Intrinsic
Valuation
LowReal ValueHigh
116.51118.27132.98
Details
Naive
Forecast
LowNext ValueHigh
124.40126.16127.92
Details
11 Analysts
Consensus
LowTarget PriceHigh
82.0099.00134.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Progressive Corp. Your research has to be compared to or analyzed against Progressive Corp's peers to derive any actionable benefits. When done correctly, Progressive Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Progressive Corp.

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Macroaxis Index
Invested one share
Please check Your Equity Center. Note that the Progressive Corp information on this page should be used as a complementary analysis to other Progressive Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Progressive Stock analysis

When running Progressive Corp price analysis, check to measure Progressive Corp'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 Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.
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Is Progressive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progressive Corp. If investors know Progressive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progressive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.79
Market Capitalization
70.7 B
Quarterly Revenue Growth YOY
-0.032
Return On Assets
0.0135
Return On Equity
0.0496
The market value of Progressive Corp is measured differently than its book value, which is the value of Progressive that is recorded on the company's balance sheet. Investors also form their own opinion of Progressive Corp's value that differs from its market value or its book value, called intrinsic value, which is Progressive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progressive Corp's market value can be influenced by many factors that don't directly affect Progressive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progressive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Progressive Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progressive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.