PGNY vs TBLA: Correlation
Measured on weekly returns over the past three years, Progyny, Inc. (PGNY) and Taboola.com Ltd. (TBLA) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PGNY and TBLA?
Across a 3-year window, the weekly returns of PGNY and TBLA correlate at 0.40, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.66 versus 0.40 over 3 years. Stretching to 5 years gives 0.36, with an annualized covariance of 920.9 %².
Within PGNY's tracked universe of 12 assets, TBLA comes in at #5 by 3-year correlation. Their 12-month results are close: +12.3% for PGNY against +11.5% for TBLA.
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 TBLA: side by side
| PGNY (Progyny, Inc.) | TBLA (Taboola.com Ltd.) | |
|---|---|---|
| 1-year return | +12.3% | +11.5% |
| 5-year return | -53.1% | -57.5% |
| Volatility (ann.) | 48.9% | 47.2% |
| Beta vs S&P 500 | 0.64 | 1.17 |
| Max drawdown (3Y) | -67.2% | -47.8% |
| Market cap | $2.0B | $1.0B |
| P/E (trailing) | 28.1 | 9.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PGNY | TBLA |
|---|---|---|
| 2022 | -38.1% | -60.4% |
| 2023 | +19.4% | +40.6% |
| 2024 | -53.6% | -15.7% |
| 2025 | +48.9% | +26.3% |
| 2026 | +0.7% | -18.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PGNY and TBLA good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PGNY and TBLA?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.66 over the last year and 0.36 over 5 years.
Is TBLA a good diversifier for PGNY?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pgny-vs-tbla.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pgny-vs-tbla/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PGNY correlations · TBLA correlations
