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Progressive (FRA:PGV) 6-Month Price Index : 1.35 (As of Apr. 30, 2024)


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What is Progressive 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-04-30), Progressive's 6-Month Price Index is 1.35.

Competitive Comparison of Progressive's 6-Month Price Index

For the Insurance - Property & Casualty subindustry, Progressive's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Progressive  (FRA:PGV) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Progressive  (FRA:PGV) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Progressive 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Progressive's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Progressive (FRA:PGV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Progressive Corp (FRA:PGV) » Definitions » 6-Month Price Index
Comparable Companies
CB TRV ALL HIG WRB MKL CINF L CNA AFG TSE:8766 HKSE:01339 TSX:IFC HKSE:02328 TSE:8725 TSX:FFH TSE:8630 ASX:QBE ASX:SUN WAR:PZU
Traded in Other Exchanges
PGR:USA PGR:Mexico P1GR34:Brazil
Address
6300 Wilson Mills Road, Mayfield Village, OH, USA, 44143
Website
https://www.progressive.com
Progressive underwrites private and commercial auto insurance and specialty lines; it has about 18 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the U.S. and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.

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