Synchrony Competitors
| SYF Stock | USD 75.22 1.32 1.79% |
Synchrony Financial vs W R Correlation
Very good diversification
The correlation between Synchrony Financial and WRB is -0.43 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Synchrony Financial and WRB in the same portfolio, assuming nothing else is changed.
Moving together with Synchrony Stock
| 0.64 | WRLD | World Acceptance | PairCorr |
| 0.87 | AXP | American Express | PairCorr |
| 0.95 | ATLC | Atlanticus Holdings | PairCorr |
Moving against Synchrony Stock
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Synchrony Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Synchrony Financial Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Synchrony Financial and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Synchrony and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Synchrony Financial does not affect the price movement of the other competitor.
High positive correlations
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IX | 0.98 | 0.32 | 0.26 | 0.46 | 0.78 | 2.32 | 7.42 | |||
| MTB | 0.96 | 0.32 | 0.32 | 0.39 | 0.60 | 2.65 | 5.19 | |||
| KB | 1.40 | 0.21 | 0.11 | 0.34 | 1.51 | 4.61 | 8.71 | |||
| TFC | 0.87 | 0.29 | 0.31 | 0.38 | 0.52 | 2.41 | 5.12 | |||
| MS | 1.16 | 0.07 | 0.07 | 0.11 | 1.28 | 2.55 | 9.47 | |||
| FITB | 1.12 | 0.35 | 0.26 | 0.39 | 0.88 | 2.76 | 9.19 | |||
| SHG | 1.46 | 0.25 | 0.13 | 1.83 | 1.41 | 3.19 | 7.88 | |||
| BBDO | 1.69 | 0.28 | 0.10 | 4.48 | 2.02 | 4.36 | 8.84 | |||
| WRB | 0.98 | (0.02) | (0.03) | (0.01) | 1.83 | 2.10 | 9.24 |
Synchrony Financial Competitive Analysis
The better you understand Synchrony Financial competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Synchrony Financial's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Synchrony Financial's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Synchrony Financial Competition Performance Charts
Five steps to successful analysis of Synchrony Financial Competition
Synchrony Financial's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Synchrony Financial in relation to its competition. Synchrony Financial's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Synchrony Financial in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Synchrony Financial's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Synchrony Financial, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Synchrony Financial Correlation with its peers. For more detail on how to invest in Synchrony Stock please use our How to Invest in Synchrony Financial guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Can Consumer Finance industry sustain growth momentum? Does Synchrony have expansion opportunities? Factors like these will boost the valuation of Synchrony Financial. If investors know Synchrony will grow in the future, the company's valuation will be higher. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Synchrony Financial demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
The market value of Synchrony Financial is measured differently than its book value, which is the value of Synchrony that is recorded on the company's balance sheet. Investors also form their own opinion of Synchrony Financial's value that differs from its market value or its book value, called intrinsic value, which is Synchrony Financial's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Synchrony Financial's market value can be influenced by many factors that don't directly affect Synchrony Financial'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 Synchrony Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synchrony Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Synchrony Financial's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.