Progress Software Variance
| PRGS Stock | | | USD 33.61 -0.69 -2.01% |
The Variance lookup presents technical context for Progress Software and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Progress Software has a market cap of 1.47 B, operating margin of 17.19%, ROE of 15.95%.
Your Equity Center can help frame allocation decisions. This reflects a position in Progress Software within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
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How to Invest in Progress Software guide.
Progress Software has current Variance of 11.74. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 11.74 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Progress Software Variance Peers Comparison
Progress Variance Relative To Other Indicators
Progress Software maintains a
fourth standing in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
2.00 of Maximum Drawdown per Variance. For Progress Software, Maximum Drawdown stands at
2.00 times Variance
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
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