Synchrony Financial Correlations

SYF-PB Stock   25.76  0.03  0.12%   
The current 90-days correlation between Synchrony Financial and Grupo Aeroportuario del is -0.13 (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

Modest diversification

The correlation between Synchrony Financial and DJI is 0.22 (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

  0.91SYF-PA Synchrony FinancialPairCorr
  0.87COF-PK Capital One FinancialPairCorr
  0.86COF-PL Capital One FinancialPairCorr
  0.92COF-PI Capital One FinancialPairCorr
  0.87COF-PJ Capital One FinancialPairCorr
  0.91COF-PN Capital One FinancialPairCorr
  0.93C Citigroup Aggressive PushPairCorr
  0.88L Loews Corp Earnings Call This WeekPairCorr
  0.86DHIL Diamond Hill InvestmentPairCorr
  0.74DIST Distoken AcquisitionPairCorr
  0.74AB AllianceBernstein Earnings Call TomorrowPairCorr
  0.7AC Associated CapitalPairCorr
  0.92AX Axos Financial Earnings Call This WeekPairCorr
  0.9BK Bank of New YorkPairCorr
  0.9BN Brookfield CorpPairCorr
  0.84BX Blackstone GroupPairCorr
  0.71BY Byline Bancorp Earnings Call TomorrowPairCorr
  0.92CG Carlyle Group Earnings Call TomorrowPairCorr
  0.94CM Canadian Imperial BankPairCorr
  0.91DB Deutsche Bank AG Earnings Call TomorrowPairCorr
  0.93GS Goldman Sachs GroupPairCorr
  0.66HG Hamilton Insurance Group,PairCorr
  0.88IX Orix Corp Ads Normal TradingPairCorr
  0.89KB KB Financial GroupPairCorr
  0.83LC LendingClub Corp Earnings Call This WeekPairCorr

Moving against Synchrony Stock

  0.82DXF Eason TechnologyPairCorr
  0.61ATLCP Atlanticus Holdings CorpPairCorr
  0.6AGM-PF Federal AgriculturalPairCorr
  0.53AGM-PG Federal AgriculturalPairCorr
  0.64FG FG Annuities LifePairCorr
  0.59EG Everest Group Earnings Call This WeekPairCorr
  0.46LX Lexinfintech Holdings Normal TradingPairCorr
  0.41CB ChubbPairCorr

Related Correlations Analysis

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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   
ALASR
ALCAH
CAHPVARF
SYREPVARF
CAHASR
ALPVARF
  
High negative correlations   
SBGIPVARF
SYRESBGI
ASRSBGI
CAHSBGI

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.

Synchrony Financial Corporate Management

Amy TiliakosChief VPProfile
DJ CastoExecutive OfficerProfile
Michael BoppExecutive OfficerProfile
Bart SchallerExecutive DigitalProfile
Jonathan EsqExecutive OfficerProfile
Curtis HowseExecutive AutoProfile
JD EsqExecutive OfficerProfile