DWSN vs SYF: Correlation
Dawson Geophysical Company (DWSN) and Synchrony Financial (SYF) show a negative relationship: their 3-year correlation of weekly returns is -0.11.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DWSN and SYF?
On 3 years of weekly data the DWSN/SYF correlation comes out at -0.11, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.30) runs below the 3-year figure (-0.11). The 5-year figure is -0.03, and annualized covariance runs at -304.6 %².
Among the 17 assets we track against DWSN, SYF ranks #10 by 3-year correlation. The last year tells two different stories: DWSN led by 86.2 percentage points, +93.5% for DWSN against +7.3% for SYF. Note the risk asymmetry: DWSN runs 2.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
DWSN vs SYF: side by side
| DWSN (Dawson Geophysical Company) | SYF (Synchrony Financial) | |
|---|---|---|
| 1-year return | +93.5% | +7.3% |
| 5-year return | +93.2% | +81.0% |
| Volatility (ann.) | 86.8% | 31.6% |
| Beta vs S&P 500 | -0.14 | 1.28 |
| Max drawdown (3Y) | -64.3% | -37.7% |
| Market cap | $0.1B | $26.0B |
| P/E (trailing) | 27.1 | 8.2 |
| Dividend yield | 0.00% | 1.50% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | DWSN | SYF |
|---|---|---|
| 2022 | -15.5% | -27.4% |
| 2023 | -6.6% | +19.8% |
| 2024 | -14.2% | +74.0% |
| 2025 | +16.4% | +30.6% |
| 2026 | +108.3% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DWSN and SYF good diversifiers for each other?
Yes. With a correlation of -0.11, DWSN and SYF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DWSN and SYF?
Using weekly returns as of 2026-08-27: -0.11 over 3 years, with -0.30 over the last year and -0.03 over 5 years.
Is SYF a good diversifier for DWSN?
Yes. With a correlation of -0.11, DWSN and SYF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.11 mean?
A reading of -0.11 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
$ curl https://www.pairbook.io/api/v1/pairs/dwsn-vs-syf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dwsn-vs-syf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DWSN correlations · SYF correlations
