PRGS vs. ABBV
Compare and contrast key facts about Progress Software Corporation (PRGS) and AbbVie Inc. (ABBV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRGS or ABBV.
Correlation
The correlation between PRGS and ABBV is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PRGS vs. ABBV - Performance Comparison
Key characteristics
PRGS:
0.69
ABBV:
0.39
PRGS:
1.49
ABBV:
0.64
PRGS:
1.17
ABBV:
1.10
PRGS:
0.88
ABBV:
0.49
PRGS:
2.07
ABBV:
1.23
PRGS:
8.92%
ABBV:
7.61%
PRGS:
26.60%
ABBV:
23.74%
PRGS:
-67.33%
ABBV:
-45.09%
PRGS:
-9.37%
ABBV:
-15.16%
Fundamentals
PRGS:
$2.72B
ABBV:
$302.80B
PRGS:
$1.86
ABBV:
$2.86
PRGS:
34.05
ABBV:
59.91
PRGS:
5.68
ABBV:
0.40
PRGS:
$538.45M
ABBV:
$41.23B
PRGS:
$410.80M
ABBV:
$30.76B
PRGS:
$185.36M
ABBV:
$17.62B
Returns By Period
The year-to-date returns for both investments are quite close, with PRGS having a -2.78% return and ABBV slightly higher at -2.66%. Over the past 10 years, PRGS has underperformed ABBV with an annualized return of 10.97%, while ABBV has yielded a comparatively higher 14.98% annualized return.
PRGS
-2.78%
-8.35%
11.42%
19.31%
6.72%
10.97%
ABBV
-2.66%
0.78%
-0.52%
9.98%
19.25%
14.98%
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Risk-Adjusted Performance
PRGS vs. ABBV — Risk-Adjusted Performance Rank
PRGS
ABBV
PRGS vs. ABBV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Progress Software Corporation (PRGS) and AbbVie Inc. (ABBV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PRGS vs. ABBV - Dividend Comparison
PRGS's dividend yield for the trailing twelve months is around 0.83%, less than ABBV's 3.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRGS Progress Software Corporation | 0.83% | 0.81% | 1.29% | 1.39% | 1.45% | 1.48% | 1.52% | 1.62% | 1.21% | 0.39% | 0.00% | 0.00% |
ABBV AbbVie Inc. | 3.67% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% | 2.54% |
Drawdowns
PRGS vs. ABBV - Drawdown Comparison
The maximum PRGS drawdown since its inception was -67.33%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for PRGS and ABBV. For additional features, visit the drawdowns tool.
Volatility
PRGS vs. ABBV - Volatility Comparison
Progress Software Corporation (PRGS) and AbbVie Inc. (ABBV) have volatilities of 5.67% and 5.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PRGS vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between Progress Software Corporation and AbbVie Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities