Synchrony Financial Correlations

SYF-PB Stock

26.04 0.13 0.50%

The current 90-days correlation between Synchrony Financial and Lexinfintech Holdings is -0.18 (i.e., Good 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

Weak diversification

The correlation between Synchrony Financial and DJI is 0.31 (i.e., Weak 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

0.79	ATLCP	Atlanticus Holdings Corp	Pair Corr
0.67	MBNKP	Medallion Bank PR	Pair Corr
0.74	C	Citigroup Aggressive Push	Pair Corr
0.65	L	Loews Corp	Pair Corr
0.84	V	Visa Class A	Pair Corr
0.73	DHIL	Diamond Hill Investment	Pair Corr
0.75	DIST	Distoken Acquisition	Pair Corr
0.65	AB	AllianceBernstein	Pair Corr
0.83	AX	Axos Financial	Pair Corr
0.73	BK	Bank of New York Fiscal Year End 10th of January 2025	Pair Corr
0.75	BN	Brookfield Corp	Pair Corr
0.85	BX	Blackstone Group Normal Trading	Pair Corr
0.82	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.68	CG	Carlyle Group	Pair Corr
0.7	CM	Canadian Imperial Bank Fiscal Year End 5th of December 2024	Pair Corr
0.61	FG	FG Annuities Life	Pair Corr
0.67	GL	Globe Life	Pair Corr
0.84	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr

Moving against Synchrony Stock

0.45	AGM-PG	Federal Agricultural	Pair Corr
0.4	COF-PN	Capital One Financial	Pair Corr
0.39	OMCC	Old Market Capital Symbol Change	Pair Corr
0.34	AGM-PF	Federal Agricultural	Pair Corr
0.33	HCGI	Huntwicke Capital	Pair Corr
0.32	AGM-PE	Federal Agricultural	Pair Corr
0.32	AGM-PD	Federal Agricultural	Pair Corr
0.5	IX	Orix Corp Ads	Pair Corr
0.49	EG	Everest Group	Pair Corr
0.41	PT	Pintec Technology	Pair Corr
0.37	HG	Hamilton Insurance Group,	Pair Corr
0.31	LU	Lufax Holding	Pair Corr

Related Correlations Analysis

	LU	LX	QD	RM	SYF-PA	ENVA	WRLD	FINV	AGM
LU		0.6	0.37	-0.1	0.33	-0.08	-0.34	0.81	-0.27	LU
LX	0.6		0.92	-0.63	0.45	0.62	-0.02	0.88	0.32	LX
QD	0.37	0.92		-0.71	0.39	0.74	0.08	0.78	0.45	QD
RM	-0.1	-0.63	-0.71		-0.03	-0.42	0.28	-0.45	-0.11	RM
SYF-PA	0.33	0.45	0.39	-0.03		0.28	0.32	0.44	0.08	SYF-PA
ENVA	-0.08	0.62	0.74	-0.42	0.28		0.46	0.38	0.89	ENVA
WRLD	-0.34	-0.02	0.08	0.28	0.32	0.46		-0.18	0.52	WRLD
FINV	0.81	0.88	0.78	-0.45	0.44	0.38	-0.18		0.1	FINV
AGM	-0.27	0.32	0.45	-0.11	0.08	0.89	0.52	0.1		AGM
	LU	LX	QD	RM	SYF-PA	ENVA	WRLD	FINV	AGM

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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

QD	+ 0.92	LX
AGM	+ 0.89	ENVA
FINV	+ 0.88	LX
FINV	+ 0.81	LU
FINV	+ 0.78	QD
ENVA	+ 0.74	QD

High negative correlations

RM	- 0.71	QD
RM	- 0.63	LX
FINV	- 0.45	RM
ENVA	- 0.42	RM
WRLD	- 0.34	LU
AGM	- 0.27	LU

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
LU	3.53	(0.13)	0.00	(0.02)	0.00	0.00	9.57	(7.83)	33.37
LX	4.22	1.20	0.19	2.41	4.39	(4.91)	13.89	(7.67)	44.77
QD	2.55	0.44	0.13	0.80	2.63	(2.90)	6.54	(4.21)	15.86
RM	1.74	(0.23)	0.00	(0.02)	0.00	0.00	3.33	(3.22)	17.15
SYF-PA	0.86	0.04	(0.02)	0.25	0.92	(0.91)	1.54	(1.36)	4.65
ENVA	1.68	0.14	0.12	0.15	1.66	(1.90)	3.13	(3.16)	13.01
WRLD	1.66	(0.09)	0.00	0.04	1.77	(1.92)	3.37	(3.22)	13.63
FINV	1.98	0.13	0.03	0.32	2.55	(1.95)	3.81	(4.74)	13.22
AGM	1.27	(0.03)	0.04	0.07	1.23	(1.46)	2.77	(2.24)	12.03

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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