Synchrony Financial Correlations

SYF-PB Stock

26.39 0.10 0.38%

The current 90-days correlation between Synchrony Financial and Synchrony Financial is 0.45 (i.e., Very weak diversification). The correlation of Synchrony Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Synchrony Financial Correlation With Market

Modest diversification

The correlation between Synchrony Financial and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Synchrony Financial and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchrony Financial. 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 information on how to trade Synchrony Stock refer to our How to Trade Synchrony Stock guide.

Moving together with Synchrony Stock

0.73	SYF-PA	Synchrony Financial	Pair Corr
0.72	ATLCP	Atlanticus Holdings Corp	Pair Corr
0.61	C	Citigroup Aggressive Push	Pair Corr
0.82	V	Visa Class A	Pair Corr
0.65	DIST	Distoken Acquisition	Pair Corr
0.7	AB	AllianceBernstein	Pair Corr
0.61	AC	Associated Capital	Pair Corr
0.62	AX	Axos Financial	Pair Corr
0.77	BK	Bank of New York Fiscal Year End 10th of January 2025	Pair Corr
0.76	BN	Brookfield Corp Earnings Call This Week	Pair Corr
0.85	BX	Blackstone Group Fiscal Year End 23rd of January 2025	Pair Corr
0.66	BY	Byline Bancorp Normal Trading	Pair Corr
0.64	CG	Carlyle Group Sell-off Trend	Pair Corr
0.8	CM	Canadian Imperial Bank Fiscal Year End 5th of December 2024	Pair Corr
0.63	DB	Deutsche Bank AG	Pair Corr
0.78	GL	Globe Life	Pair Corr
0.67	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr

Moving against Synchrony Stock

0.58	HCGI	Huntwicke Capital	Pair Corr
0.35	OMCC	Old Market Capital Symbol Change	Pair Corr
0.32	IX	Orix Corp Ads	Pair Corr

Related Correlations Analysis

	SYF-PA	ENVA	EZPW	WRLD	FCFS	FINV	AGM	FOA	NNI
SYF-PA		0.48	-0.47	0.54	-0.38	0.44	0.3	0.79	0.58	SYF-PA
ENVA	0.48		0.38	0.58	-0.52	0.44	0.78	0.59	0.78	ENVA
EZPW	-0.47	0.38		0.04	-0.07	-0.05	0.42	-0.24	0.17	EZPW
WRLD	0.54	0.58	0.04		0.0	-0.08	0.67	0.47	0.74	WRLD
FCFS	-0.38	-0.52	-0.07	0.0		-0.58	-0.11	-0.62	-0.33	FCFS
FINV	0.44	0.44	-0.05	-0.08	-0.58		0.06	0.41	0.25	FINV
AGM	0.3	0.78	0.42	0.67	-0.11	0.06		0.33	0.79	AGM
FOA	0.79	0.59	-0.24	0.47	-0.62	0.41	0.33		0.58	FOA
NNI	0.58	0.78	0.17	0.74	-0.33	0.25	0.79	0.58		NNI
	SYF-PA	ENVA	EZPW	WRLD	FCFS	FINV	AGM	FOA	NNI

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

FOA	+ 0.79	SYF-PA
NNI	+ 0.79	AGM
AGM	+ 0.78	ENVA
NNI	+ 0.78	ENVA
NNI	+ 0.74	WRLD
AGM	+ 0.67	WRLD

High negative correlations

FOA	- 0.62	FCFS
FINV	- 0.58	FCFS
FCFS	- 0.52	ENVA
EZPW	- 0.47	SYF-PA
FCFS	- 0.38	SYF-PA
NNI	- 0.33	FCFS

Risk-Adjusted Indicators

There is a big difference between Synchrony Stock performing well and Synchrony Financial Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Synchrony Financial's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SYF-PA	0.81	0.17	0.04	1.14	0.64	(0.92)	1.54	(1.19)	3.12
ENVA	1.72	0.07	0.13	0.19	1.69	(1.95)	4.16	(3.16)	13.01
EZPW	1.31	(0.06)	(0.07)	0.07	1.41	(1.51)	3.51	(2.54)	6.51
WRLD	1.70	(0.10)	0.04	0.11	1.70	(1.92)	3.54	(3.22)	13.63
FCFS	1.12	(0.20)	0.00	(0.05)	0.00	0.00	2.31	(2.33)	9.46
FINV	1.86	0.08	0.00	0.33	2.57	(1.82)	3.81	(4.74)	13.22
AGM	1.28	(0.05)	0.06	0.13	1.23	(1.41)	2.50	(2.24)	12.03
FOA	4.74	1.36	0.25	4.45	4.52	(6.22)	12.74	(7.27)	39.39
NNI	1.08	(0.13)	(0.04)	0.06	1.80	(1.04)	2.16	(1.88)	8.80

Synchrony Financial Corporate Management

Amy Tiliakos	Chief VP	Profile
DJ Casto	Executive Officer	Profile
Michael Bopp	Executive Officer	Profile
Bart Schaller	Executive Digital	Profile
Jonathan Esq	Executive Officer	Profile
Curtis Howse	Executive Auto	Profile

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