6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-27), Synchrony Financial's 6-1 Month Momentum % is 48.50%.
The industry rank for Synchrony Financial's 6-1 Month Momentum % or its related term are showing as below:
SYF's 6-1 Month Momentum % is ranked better than 83.57% of 560
companies
in the Credit Services industry
Industry Median: 10
vs SYF: 48.50
Competitive Comparison of Synchrony Financial's 6-1 Month Momentum %
For the Credit Services subindustry, Synchrony Financial's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Synchrony Financial's 6-1 Month Momentum % Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Synchrony Financial's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Synchrony Financial's 6-1 Month Momentum % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Synchrony Financial 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Synchrony Financial's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Synchrony Financial (Synchrony Financial) Business Description
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).
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