PGNY vs RVP: Correlation
Progyny, Inc. (PGNY) and Retractable Technologies, Inc. (RVP) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PGNY and RVP?
Across a 3-year window, the weekly returns of PGNY and RVP correlate at 0.37, moderate. The link has loosened recently: the 1-year correlation (0.24) runs below the 3-year figure (0.37). Stretching to 5 years gives 0.28, with an annualized covariance of 659.5 %².
Among the 12 assets we track against PGNY, RVP ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with PGNY ahead by 25.3 points (+12.3% versus -13.0%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
PGNY vs RVP: side by side
| PGNY (Progyny, Inc.) | RVP (Retractable Technologies, Inc.) | |
|---|---|---|
| 1-year return | +12.3% | -13.0% |
| 5-year return | -53.1% | -94.2% |
| Volatility (ann.) | 48.9% | 36.9% |
| Beta vs S&P 500 | 0.64 | 0.49 |
| Max drawdown (3Y) | -67.2% | -57.5% |
| Market cap | $2.0B | – |
| P/E (trailing) | 28.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PGNY | RVP |
|---|---|---|
| 2022 | -38.1% | -76.3% |
| 2023 | +19.4% | -32.3% |
| 2024 | -53.6% | -37.8% |
| 2025 | +48.9% | +11.6% |
| 2026 | +0.7% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PGNY and RVP good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PGNY and RVP?
The PGNY/RVP correlation stands at 0.37 on a 3-year window (1 year: 0.24, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is RVP a good diversifier for PGNY?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pgny-vs-rvp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pgny-vs-rvp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PGNY correlations · RVP correlations
