LICN vs SYF: Correlation
Measured on weekly returns over the past three years, Lichen International Limited - Class A (LICN) and Synchrony Financial (SYF) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LICN and SYF?
Over the past 3 years, LICN and SYF moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.06) runs above the 3-year figure (-0.19). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -51572.1 %².
By 3-year correlation, SYF places #40 of the 85 assets tracked against LICN. Correlation aside, the last 12 months split them widely, with SYF ahead by 82.0 points (-74.7% versus +7.3%). Risk is not evenly split, since LICN carries 269.9 times the volatility of the other side.
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.
LICN vs SYF: side by side
| LICN (Lichen International Limited - Class A) | SYF (Synchrony Financial) | |
|---|---|---|
| 1-year return | -74.7% | +7.3% |
| 5-year return | n/a | +81.0% |
| Volatility (ann.) | 8528.0% | 31.6% |
| Beta vs S&P 500 | -80.22 | 1.28 |
| Max drawdown (3Y) | -98.4% | -37.7% |
| Market cap | – | $26.0B |
| P/E (trailing) | – | 8.2 |
| Dividend yield | 0.00% | 1.50% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | LICN | SYF |
|---|---|---|
| 2022 | – | -27.4% |
| 2023 | – | +19.8% |
| 2024 | -91.0% | +74.0% |
| 2025 | +1484.3% | +30.6% |
| 2026 | -56.7% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LICN and SYF good diversifiers for each other?
Yes. With a correlation of -0.19, LICN and SYF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LICN and SYF?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.06 over the last year and n/a over 5 years.
Is SYF a good diversifier for LICN?
Yes. With a correlation of -0.19, LICN and SYF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
A reading of -0.19 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/licn-vs-syf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/licn-vs-syf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LICN correlations · SYF correlations
