PGNY Stock | | | USD 15.44 0.47 3.14% |
Progyny financial indicator trend analysis is much more than just breaking down Progyny prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Progyny is a good investment. Please check the relationship between Progyny Good Will and its Non Current Assets Total accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progyny. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Progyny Stock please use our
How to Invest in Progyny guide.
Good Will vs Non Current Assets Total
Good Will vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Progyny Good Will account and
Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Progyny's Good Will and Non Current Assets Total is -0.43. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Progyny, assuming nothing else is changed. The correlation between historical values of Progyny's Good Will and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Progyny are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Good Will i.e., Progyny's Good Will and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Progyny's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Progyny current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progyny. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Progyny Stock please use our
How to Invest in Progyny guide.At this time, Progyny's
Tax Provision is fairly stable compared to the past year.
Discontinued Operations is likely to rise to about 7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 59
M in 2024.
Progyny fundamental ratios Correlations
Click cells to compare fundamentals
Progyny Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Progyny fundamental ratios Accounts
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