NNOX vs. PGNY
NNOX (Nano-X Imaging Ltd.) and PGNY (Progyny, Inc.) are both stocks. Both are in the Healthcare sector — NNOX in Medical Devices, PGNY in Health Information Services. Over the past 5 years, NNOX returned -51.16%/yr vs -14.39%/yr for PGNY. At a 0.35 correlation, their price movements are largely independent.
Performance
NNOX vs. PGNY - Performance Comparison
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Returns By Period
In the year-to-date period, NNOX achieves a -68.59% return, which is significantly lower than PGNY's 6.62% return.
NNOX
- 1D
- -43.99%
- 1M
- -55.59%
- YTD
- -68.59%
- 6M
- -70.49%
- 1Y
- -83.25%
- 3Y*
- -61.34%
- 5Y*
- -51.16%
- 10Y*
- —
PGNY
- 1D
- 1.82%
- 1M
- 9.30%
- YTD
- 6.62%
- 6M
- 7.33%
- 1Y
- 30.94%
- 3Y*
- -9.70%
- 5Y*
- -14.39%
- 10Y*
- —
NNOX vs. PGNY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NNOX Nano-X Imaging Ltd. | -68.59% | -61.11% | 13.03% | -13.69% | -49.24% | -68.16% | 124.48% |
PGNY Progyny, Inc. | 6.62% | 48.87% | -53.60% | 19.36% | -38.13% | 18.78% | 36.79% |
Correlation
The correlation between NNOX and PGNY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2020 | 0.35 |
The correlation between NNOX and PGNY shifts across timeframes, from 0.24 (1 year) to 0.39 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NNOX:
$58.97M
PGNY:
$2.32B
NNOX:
-$1.15
PGNY:
$0.76
NNOX:
4.40
PGNY:
1.87
NNOX:
0.42
PGNY:
5.28
NNOX:
$13.02M
PGNY:
$1.29B
NNOX:
-$10.44M
PGNY:
$311.76M
NNOX:
-$50.01M
PGNY:
$108.11M
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Return for Risk
NNOX vs. PGNY — Risk / Return Rank
NNOX
PGNY
NNOX vs. PGNY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nano-X Imaging Ltd. (NNOX) and Progyny, Inc. (PGNY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NNOX | PGNY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.52 | ||
| Sortino ratioReturn per unit of downside risk | -3.25 | ||
| Omega ratioGain probability vs. loss probability | 0.73 | 1.17 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | 0.73 | -1.72 |
| Martin ratioReturn relative to average drawdown | -1.82 | 1.56 | -3.38 |
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Drawdowns
NNOX vs. PGNY - Drawdown Comparison
The maximum NNOX drawdown since its inception was -99.02%, which is greater than PGNY's maximum drawdown of -79.49%. Use the drawdown chart below to compare losses from any high point for NNOX and PGNY.
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Drawdown Indicators
| NNOX | PGNY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.02% | -79.49% | -19.53% |
Max Drawdown (1Y)Largest decline over 1 year | -83.92% | -42.65% | -41.27% |
Max Drawdown (3Y)Largest decline over 3 years | -94.47% | -68.14% | -26.33% |
Max Drawdown (5Y)Largest decline over 5 years | -97.36% | -79.49% | -17.87% |
Current DrawdownCurrent decline from peak | -99.02% | -58.93% | -40.09% |
Average DrawdownAverage peak-to-trough decline | -82.72% | -42.51% | -40.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.73% | 19.90% | +25.83% |
Volatility
NNOX vs. PGNY - Volatility Comparison
Nano-X Imaging Ltd. (NNOX) has a higher volatility of 60.54% compared to Progyny, Inc. (PGNY) at 7.68%. This indicates that NNOX's price experiences larger fluctuations and is considered to be riskier than PGNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NNOX | PGNY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 60.54% | 7.68% | +52.86% |
Volatility (6M)Calculated over the trailing 6-month period | 78.94% | 41.35% | +37.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.67% | 56.72% | +28.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 91.47% | 56.05% | +35.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.09% | 62.03% | +40.06% |
Dividends
NNOX vs. PGNY - Dividend Comparison
Neither NNOX nor PGNY has paid dividends to shareholders.
Financials
NNOX vs. PGNY - Financials Comparison
This section allows you to compare key financial metrics between Nano-X Imaging Ltd. and Progyny, 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
Frequently Asked Questions
NNOX and PGNY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NNOX has higher volatility (60.54%) compared to PGNY (7.68%). In terms of maximum drawdown, NNOX dropped -99.02% vs PGNY's -79.49%.
PGNY currently has the higher Sharpe Ratio (0.55 vs -0.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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