SYNCHRONY FINANCIAL (SYF) Correlation Distribution
Across 6,809 rolling correlation observations between SYNCHRONY FINANCIAL (SYF) and other NASDAQ-listed stocks, 62.2% are positive and 37.8% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.172, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 13.3% and strong negative correlations (≤−0.7) for 0.9%.
- Total observations
- 6,809
- Mean correlation
- 0.172
- Most common range
- -0.1 to 0.0
- Positive pairs
- 62.2%
- Strong positive (≥0.7)
- 13.3%
- Sector
- Finance Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 31 | 0.5% | |
| -0.8 to -0.7 | 31 | 0.5% | |
| -0.7 to -0.6 | 133 | 2.0% | |
| -0.6 to -0.5 | 133 | 2.0% | |
| -0.5 to -0.4 | 281 | 4.1% | |
| -0.4 to -0.3 | 281 | 4.1% | |
| -0.3 to -0.2 | 540 | 7.9% | |
| -0.2 to -0.1 | 540 | 7.9% | |
| -0.1 to 0.0 | 602 | 8.8% | |
| 0.0 to 0.1 | 602 | 8.8% | |
| 0.1 to 0.2 | 481 | 7.1% | |
| 0.2 to 0.3 | 480 | 7.0% | |
| 0.3 to 0.4 | 411 | 6.0% | |
| 0.4 to 0.5 | 410 | 6.0% | |
| 0.5 to 0.6 | 475 | 7.0% | |
| 0.6 to 0.7 | 474 | 7.0% | |
| 0.7 to 0.8 | 425 | 6.2% | |
| 0.8 to 0.9 | 424 | 6.2% | |
| 0.9 to 1.0 | 55 | 0.8% |
Frequently asked questions
What is the average correlation of SYF?
SYNCHRONY FINANCIAL (SYF) has an average correlation of about 0.172 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SYF positively correlated with other stocks?
Mostly yes — 62.2% of pairs are positive and 37.8% are negative. Strong positive correlations (≥0.7) make up 13.3%.
What is the most common correlation range for SYF?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 47.7% of all pairs.
Explore the full interactive correlation distribution for SYF.
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