Progress Software Stock Forecast - Simple Moving Average
| PRGS Stock | USD 42.43 0.32 0.75% |
The Simple Moving Average forecasted value of Progress Software on the next trading day is expected to be 42.43 with a mean absolute deviation of 0.75 and the sum of the absolute errors of 44.26. Progress Stock Forecast is based on your current time horizon.
At this time the relative strength indicator of Progress Software's share price is below 20 indicating that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth 21.357 | EPS Estimate Current Year 5.8755 | EPS Estimate Next Year 5.9576 | Wall Street Target Price 65.5 | EPS Estimate Current Quarter 1.3126 |
Using Progress Software hype-based prediction, you can estimate the value of Progress Software from the perspective of Progress Software response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Progress Software using Progress Software's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Progress using crowd psychology based on the activity and movement of Progress Software's stock price.
Progress Software Short Interest
An investor who is long Progress Software may also wish to track short interest. As short interest increases, investors should be becoming more worried about Progress Software and may potentially protect profits, hedge Progress Software with its derivative instruments, or be ready for some potential downside.
200 Day MA 49.3107 | Short Percent 0.1612 | Short Ratio 9.51 | Shares Short Prior Month 4.6 M | 50 Day MA 42.3362 |
Progress Software Hype to Price Pattern
Investor biases related to Progress Software's public news can be used to forecast risks associated with an investment in Progress. The trend in average sentiment can be used to explain how an investor holding Progress can time the market purely based on public headlines and social activities around Progress Software. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Progress Software Implied Volatility | 0.56 |
Progress Software's implied volatility exposes the market's sentiment of Progress Software stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Progress Software's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Progress Software stock will not fluctuate a lot when Progress Software's options are near their expiration.
The Simple Moving Average forecasted value of Progress Software on the next trading day is expected to be 42.43 with a mean absolute deviation of 0.75 and the sum of the absolute errors of 44.26. Progress Software after-hype prediction price | USD 42.4 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Progress Software to cross-verify your projections. Prediction based on Rule 16 of the current Progress contract
Based on the Rule 16, the options market is currently suggesting that Progress Software will have an average daily up or down price movement of about 0.035% per day over the life of the 2026-03-20 option contract. With Progress Software trading at USD 42.43, that is roughly USD 0.0149 . If you think that the market is fully incorporating Progress Software's daily price movement you should consider acquiring Progress Software options at the current volatility level of 0.56%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-03-20 Progress Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Progress Software's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Progress Software's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Progress Software stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Progress Software's open interest, investors have to compare it to Progress Software's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Progress Software is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Progress. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Progress Software Additional Predictive Modules
Most predictive techniques to examine Progress price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Progress using various technical indicators. When you analyze Progress 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Progress Software Simple Moving Average Price Forecast For the 26th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Progress Software on the next trading day is expected to be 42.43 with a mean absolute deviation of 0.75, mean absolute percentage error of 1.06, and the sum of the absolute errors of 44.26.Please note that although there have been many attempts to predict Progress Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Progress Software's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Progress Software Stock Forecast Pattern
| Backtest Progress Software | Progress Software Price Prediction | Buy or Sell Advice |
Progress Software Forecasted Value
In the context of forecasting Progress Software's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Progress Software's downside and upside margins for the forecasting period are 40.04 and 44.82, respectively. We have considered Progress Software's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Progress Software stock data series using in forecasting. Note that when a statistical model is used to represent Progress Software stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 114.4914 |
| Bias | Arithmetic mean of the errors | 0.0309 |
| MAD | Mean absolute deviation | 0.7501 |
| MAPE | Mean absolute percentage error | 0.0179 |
| SAE | Sum of the absolute errors | 44.255 |
Predictive Modules for Progress Software
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Progress Software. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Progress Software After-Hype Price Prediction Density Analysis
As far as predicting the price of Progress Software at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Progress Software or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Progress Software, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Progress Software Estimiated After-Hype Price Volatility
In the context of predicting Progress Software's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Progress Software's historical news coverage. Progress Software's after-hype downside and upside margins for the prediction period are 40.01 and 44.79, respectively. We have considered Progress Software's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Progress Software is very steady at this time. Analysis and calculation of next after-hype price of Progress Software is based on 3 months time horizon.
Progress Software Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Progress Software is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Progress Software backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Progress Software, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.09 | 2.39 | 0.03 | 0.00 | 13 Events / Month | 7 Events / Month | In about 13 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
42.43 | 42.40 | 0.07 |
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Progress Software Hype Timeline
Progress Software is at this time traded for 42.43. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.0. Progress is forecasted to decline in value after the next headline, with the price expected to drop to 42.4. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.07%, whereas the daily expected return is at this time at -0.09%. The volatility of related hype on Progress Software is about 5690.48%, with the expected price after the next announcement by competition of 42.43. About 98.0% of the company shares are owned by institutional investors. The book value of Progress Software was at this time reported as 11.3. The company has Price/Earnings To Growth (PEG) ratio of 1.46. Progress Software last dividend was issued on the 30th of August 2024. The entity had 3:2 split on the 31st of January 2011. Given the investment horizon of 90 days the next forecasted press release will be in about 13 days. Check out Historical Fundamental Analysis of Progress Software to cross-verify your projections.Progress Software Related Hype Analysis
Having access to credible news sources related to Progress Software's direct competition is more important than ever and may enhance your ability to predict Progress Software's future price movements. Getting to know how Progress Software's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Progress Software may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DV | DoubleVerify Holdings | 0.20 | 7 per month | 2.95 | (0.03) | 3.14 | (3.40) | 16.76 | |
| PLUS | ePlus inc | (0.66) | 9 per month | 1.23 | 0.09 | 3.71 | (2.17) | 19.34 | |
| CXM | Sprinklr | 0.17 | 10 per month | 0.00 | (0.15) | 2.65 | (3.99) | 10.05 | |
| IE | Ivanhoe Electric | (0.1) | 10 per month | 4.07 | 0.06 | 7.52 | (6.25) | 20.69 | |
| PRCH | Porch Group | 0.45 | 7 per month | 0.00 | (0.17) | 4.27 | (6.15) | 42.64 | |
| JAMF | Jamf Holding | 0.02 | 13 per month | 0.00 | 0.15 | 1.69 | (0.15) | 15.40 | |
| EVTC | Evertec | (0.06) | 9 per month | 0.00 | (0.05) | 2.94 | (3.16) | 9.49 | |
| ADEA | ADEIA P | 0.25 | 11 per month | 3.88 | 0.05 | 4.89 | (3.51) | 32.90 | |
| LSPD | Lightspeed Commerce | (0.34) | 11 per month | 2.49 | (0.02) | 2.99 | (4.61) | 21.78 | |
| NTCT | NetScout Systems | (0.35) | 8 per month | 1.68 | (0.01) | 2.52 | (2.83) | 11.36 |
Other Forecasting Options for Progress Software
For every potential investor in Progress, whether a beginner or expert, Progress Software's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Progress Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Progress. Basic forecasting techniques help filter out the noise by identifying Progress Software's price trends.Progress Software Related Equities
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.
| Risk & Return | Correlation |
Progress Software Market Strength Events
Market strength indicators help investors to evaluate how Progress Software stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Progress Software shares will generate the highest return on investment. By undertsting and applying Progress Software stock market strength indicators, traders can identify Progress Software entry and exit signals to maximize returns.
Progress Software Risk Indicators
The analysis of Progress Software's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Progress Software's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting progress stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.6 | |||
| Standard Deviation | 2.38 | |||
| Variance | 5.65 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Progress Software
The number of cover stories for Progress Software depends on current market conditions and Progress Software's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Progress Software is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Progress Software's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Progress Software Short Properties
Progress Software's future price predictability will typically decrease when Progress Software's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Progress Software often depends not only on the future outlook of the potential Progress Software's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Progress Software's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44 M | |
| Cash And Short Term Investments | 94.8 M |
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.