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Bullish Case: Strategic business shifts and ongoing demand indicate resilience despite recent volatility, signaling potential growth for PGR.


Bearish Case: PGR's market may experience stagnation, regulatory pressures, and political discourse potentially impacting profitability and growth.


Potential Outcomes:

1) PGR meets earnings estimates, stock appreciates - 45%.

2) Regulatory changes dampen sentiment, stock declines - 35%.

3) Static market, negligible changes - 20%.


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March 28, 2024


Progressive Forecast

PGR        Progressive
Price Forecast: BULLISH    Price Action: RANDOM (?)






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Uncorrelated Stock Forecasts

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GFI Forecast + Options Trading Strategies   [GFI]  Gold Fields (0.0)


FSK Forecast + Options Trading Strategies   [FSK]  FS KKR (-0.0)


UAA Forecast + Options Trading Strategies   [UAA]  Under Armour (0.01)


KR Forecast + Options Trading Strategies   [KR]  Kroger (0.01)


BSY Forecast + Options Trading Strategies   [BSY]  Bentley Systems (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PGR



LIT Forecast + Options Trading Strategies   [LIT]  Global X Lithium & Battery Tech (-0.93)


GOGO Forecast + Options Trading Strategies   [GOGO]  Gogo (-0.93)


PRTA Forecast + Options Trading Strategies   [PRTA]  Prothena (-0.93)


HTZ Forecast + Options Trading Strategies   [HTZ]  Hertz Global Holdings (-0.93)


LAZR Forecast + Options Trading Strategies   [LAZR]  Luminar (-0.96)





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