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AKAM vs SYNA: Correlation

Measured on weekly returns over the past three years, Akamai Technologies (AKAM) and Synaptics Incorporated (SYNA) carry a correlation of 0.38, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.38
moderate
Correlation (1Y)
0.42
last 12 months
Correlation (5Y)
0.36
long-run
Ann. covariance
851.3
%² · weekly, annualized

How correlated are AKAM and SYNA?

Over the past 3 years, AKAM and SYNA moved with a correlation of 0.38, which is moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.38 over 3. Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 851.3 %².

Within AKAM's tracked universe of 30 assets, SYNA comes in at #12 by 3-year correlation. Twelve-month performance is nearly a tie, at +42.1% for AKAM and +37.8% for SYNA.

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

AKAM vs SYNA: side by side

AKAM (Akamai Technologies)SYNA (Synaptics Incorporated)
1-year return+42.1%+37.8%
5-year return-1.6%-48.2%
Volatility (ann.)45.7%49.6%
Beta vs S&P 5000.582.15
Max drawdown (3Y)-46.8%-64.2%
Market cap$16.0B$3.8B
P/E (trailing)40.3
Dividend yield0.00%0.00%
Sector / categoryInformation TechnologyUS Listed
Smaller drawdown: AKAM -46.8% vs -64.2%Higher 5y return: AKAM -1.6% vs -48.2%
-11%0%+106%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AKAM · SYNA

Year-by-year returns

YearAKAMSYNA
2022-28.0%-67.1%
2023+40.4%+19.9%
2024-19.2%-33.1%
2025-8.8%-3.0%
2026+27.5%+31.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AKAM and SYNA good diversifiers for each other?

Reasonably. At 0.38, AKAM and SYNA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between AKAM and SYNA?

As of 2026-08-27, the correlation of weekly returns between AKAM and SYNA is 0.38 over 3 years, 0.42 over 1 year and 0.36 over 5 years.

Is SYNA a good diversifier for AKAM?

Reasonably. At 0.38, AKAM and SYNA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.38 mean?

A reading of 0.38 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

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AKAM vs SYNA: 3-year weekly correlation 0.38AKAM vs SYNA0.38

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Hubs: AKAM correlations · SYNA correlations