PROG Holdings Correlations

PRG Stock

USD 48.84 0.60 1.24%

The current 90-days correlation between PROG Holdings and The Aarons is -0.23 (i.e., Very good diversification). The correlation of PROG Holdings 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

PROG Holdings Correlation With Market

Poor diversification

The correlation between PROG Holdings and DJI is 0.69 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PROG Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PROG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.

Moving together with PROG Stock

0.61

VSTS

Vestis

Pair Corr

Moving against PROG Stock

0.33

Boeing Fiscal Year End 29th of January 2025

Pair Corr

Related Correlations Analysis

	AAN	ATGE	EPAC	PIPR	CURO
AAN		0.45	0.66	0.55	0.1	AAN
ATGE	0.45		0.85	0.8	0.16	ATGE
EPAC	0.66	0.85		0.95	0.11	EPAC
PIPR	0.55	0.8	0.95		0.1	PIPR
CURO	0.1	0.16	0.11	0.1		CURO
	AAN	ATGE	EPAC	PIPR	CURO

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Risk-Adjusted Indicators

There is a big difference between PROG Stock performing well and PROG Holdings Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze PROG Holdings' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AAN	0.25	0.04	(0.30)	(0.62)	0.24	(0.32)	0.61	(0.40)	1.81
ATGE	1.37	0.12	0.12	0.23	1.29	(1.58)	2.26	(2.48)	11.24
EPAC	1.14	0.09	0.11	0.21	1.04	(1.29)	2.84	(1.91)	12.71
PIPR	1.54	0.00	0.18	0.15	1.17	(1.85)	3.13	(2.70)	22.79
CURO	5.23	(0.06)	0.00	0.24	0.00	0.00	11.69	(9.37)	52.17

PROG Holdings Corporate Management

Ray Martinez	Independent Director	Profile
Trevor Thatcher	Chief Operations Officer	Profile
Caroline Sheu	Independent Director	Profile
Debra Fiori	Chief Human Resource Officer	Profile
Mike Giordano	Chief Commercial Officer	Profile
John CFA	Vice Relations	Profile
Todd King	Chief Officer	Profile

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