Progyny Stock Forecast - Day Typical Price
| PGNY Stock | USD 33.81 0.39 1.14% |
Progyny Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Progyny stock prices and determine the direction of Progyny's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Progyny's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Progyny's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Progyny's systematic risk associated with finding meaningful patterns of Progyny fundamentals over time.
Check out Historical Fundamental Analysis of Progyny to cross-verify your projections. Progyny |
Open Interest Against 2024-04-19 Progyny Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Progyny's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Progyny's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Progyny stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Progyny's open interest, investors have to compare it to Progyny's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Progyny is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Progyny. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Progyny cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Progyny's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Progyny's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 33.94 | 33.94 |
| Check Progyny Volatility | Backtest Progyny | Information Ratio |
Progyny Trading Date Momentum
| On April 16 2024 Progyny was traded for 33.81 at the closing time. The top price for the day was 34.40 and the lowest listed price was 33.60 . There was no trading activity during the period 0.0. Lack of trading volume on April 16, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.75% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Progyny to competition |
Other Forecasting Options for Progyny
For every potential investor in Progyny, whether a beginner or expert, Progyny's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Progyny Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Progyny. Basic forecasting techniques help filter out the noise by identifying Progyny's price trends.View Progyny Related Equities
| Risk & Return | Correlation |
Progyny Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Progyny's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Progyny's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Progyny Market Strength Events
Market strength indicators help investors to evaluate how Progyny stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Progyny shares will generate the highest return on investment. By undertsting and applying Progyny stock market strength indicators, traders can identify Progyny entry and exit signals to maximize returns.
Progyny Risk Indicators
The analysis of Progyny's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Progyny's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting progyny stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.79 | |||
| Standard Deviation | 2.77 | |||
| Variance | 7.7 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Progyny Investors Sentiment
The influence of Progyny's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Progyny. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Progyny's public news can be used to forecast risks associated with an investment in Progyny. The trend in average sentiment can be used to explain how an investor holding Progyny can time the market purely based on public headlines and social activities around Progyny. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Progyny's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Progyny's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Progyny's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Progyny.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Progyny in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Progyny's short interest history, or implied volatility extrapolated from Progyny options trading.
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Check out Historical Fundamental Analysis of Progyny to cross-verify your projections. For more information on how to buy Progyny Stock please use our How to Invest in Progyny guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Progyny Stock analysis
When running Progyny's price analysis, check to measure Progyny's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progyny is operating at the current time. Most of Progyny's value examination focuses on studying past and present price action to predict the probability of Progyny's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progyny's price. Additionally, you may evaluate how the addition of Progyny to your portfolios can decrease your overall portfolio volatility.
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Is Progyny's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progyny. If investors know Progyny will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progyny listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.645 | Earnings Share 0.62 | Revenue Per Share 11.456 | Quarterly Revenue Growth 0.26 | Return On Assets 0.0598 |
The market value of Progyny is measured differently than its book value, which is the value of Progyny that is recorded on the company's balance sheet. Investors also form their own opinion of Progyny's value that differs from its market value or its book value, called intrinsic value, which is Progyny's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progyny's market value can be influenced by many factors that don't directly affect Progyny's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progyny's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progyny is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progyny's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.