Progress Operating Cash Flow Sales Ratio from 2010 to 2024
| PRGS Stock | USD 50.65 1.15 2.32% |
Operating Cash Flow Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.23 | Current Value 0.18 | Quarterly Volatility 0.08211142 |
Check Progress Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progress main balance sheet or income statement drivers, such as Depreciation And Amortization of 124.6 M, Interest Expense of 37.2 M or Total Revenue of 838.5 M, as well as many exotic indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.016 or PTB Ratio of 4.65. Progress financial statements analysis is a perfect complement when working with Progress Software Valuation or Volatility modules.
Progress | Operating Cash Flow Sales Ratio |
Latest Progress Software's Operating Cash Flow Sales Ratio Growth Pattern
Below is the plot of the Operating Cash Flow Sales Ratio of Progress Software over the last few years. It is Progress Software's Operating Cash Flow Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Progress Software's overall financial position and show how it may be relating to other accounts over time.
| Operating Cash Flow Sales Ratio | 10 Years Trend |
|
Operating Cash Flow Sales Ratio |
| Timeline |
Progress Operating Cash Flow Sales Ratio Regression Statistics
| Arithmetic Mean | 0.26 | |
| Geometric Mean | 0.23 | |
| Coefficient Of Variation | 31.31 | |
| Mean Deviation | 0.06 | |
| Median | 0.28 | |
| Standard Deviation | 0.08 | |
| Sample Variance | 0.01 | |
| Range | 0.3223 | |
| R-Value | 0.14 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.02 | |
| Significance | 0.63 | |
| Slope | 0 | |
| Total Sum of Squares | 0.09 |
Progress Operating Cash Flow Sales Ratio History
About Progress Software Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Progress Software income statement, its balance sheet, and the statement of cash flows. Progress Software investors use historical funamental indicators, such as Progress Software's Operating Cash Flow Sales Ratio, to determine how well the company is positioned to perform in the future. Although Progress Software investors may use each financial statement separately, they are all related. The changes in Progress Software's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Progress Software's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Progress Software Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Progress Software. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Cash Flow Sales Ratio | 0.23 | 0.18 |
Pair Trading with Progress Software
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Progress Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Progress Software will appreciate offsetting losses from the drop in the long position's value.Moving together with Progress Stock
| 0.79 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
| 0.66 | MQ | Marqeta | PairCorr |
Moving against Progress Stock
| 0.81 | NN | Nextnav Acquisition Corp | PairCorr |
| 0.48 | GB | Global Blue Group Earnings Call This Week | PairCorr |
| 0.41 | EGIO | Edgio Inc Report 17th of July 2024 | PairCorr |
The ability to find closely correlated positions to Progress Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Progress Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Progress Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Progress Software to buy it.
The correlation of Progress Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Progress Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Progress Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Progress Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Progress Software Correlation against competitors. For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.Note that the Progress Software information on this page should be used as a complementary analysis to other Progress Software'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 the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary 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.
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Is Progress Software'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 Progress Software. If investors know Progress 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 Progress Software 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 (0.04) | Dividend Share 0.7 | Earnings Share 1.55 | Revenue Per Share 16.404 | Quarterly Revenue Growth 0.125 |
The market value of Progress Software is measured differently than its book value, which is the value of Progress that is recorded on the company's balance sheet. Investors also form their own opinion of Progress Software's value that differs from its market value or its book value, called intrinsic value, which is Progress Software'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 Progress Software's market value can be influenced by many factors that don't directly affect Progress Software'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 Progress Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progress Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progress Software'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.