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Correlate

Correlation Analysis

Mastercard Incorporated vs SYNCHRONY FINANCIAL

MA vs SYF

+0.820

Strong positive

When one moves up, the other tends to follow.

MA logo

Mastercard Incorporated

MA

Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Market cap 447.2B

S

SYNCHRONY FINANCIAL

SYF

Synchrony Financial, originally a spinoff of GE Capital's retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: retail card (private-label and co-branded general-purpose credit cards), payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures).

Market cap 24.1B · 20,000 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockFinancials

Time Series

Relative Performance

Green: MAGray: SYF36 of 1,254 points (sampled)

Who Moves First

MA leads SYF by 6 days

MA tends to move before SYF.

After testing 13 timing shifts, the strongest relationship was +0.822 (they moved in the same direction).

Do They Crash Together?

Correlation by Market Regime

How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.

Both Rising

+0.506

12 periods · Return correlation when both series rose

Both Falling

+0.735

9 periods · Return correlation when both series fell

Diverging

-0.651

14 periods · Return correlation when series moved apart

R-Squared

67.3%

Share of variance in one series explained by the other.

Trend Agreement

63.9%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [0.801, 0.838]

Scatter

XY Regression

308.1350400450500550599.523.830405060708089.2Mastercard IncorporatedSYNCHRONY FINANCIALData pointsFit (r = 0.82)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

MA logo

Mastercard Incorporated

MA

Market cap 447.2B

Stock · 1,254 raw → 1,254 prepared

Series B

S

SYNCHRONY FINANCIAL

SYF

Market cap 24.1B · 20,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

13

Estimated crossover points between normalized spreads.

Slope

0.1433

Linear regression slope.

Intercept

-14.5074

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-ma-vs-stock-syf-daily