There are several elements to the NET ranking. The Quad element is supposed to be a heavily weighted portion, but the current results for Syracuse are baffling.
Here are the Orange's NET ranking compared to two teams they have beaten, and a third team. The data is their record for each quadrant, as of 12-31-2023.
Syracuse #78 rank 0-2 Q1, 2-1 Q2, 6-0 Q3, and 1-0 Q4
Pittsburgh #41 rank 0-2 Q1, 0-1 Q2, 4-1 Q3, and 5-0 Q4
Oregon #71 rank 0-1 Q1, 0-1 Q2, 6-1 Q3, and 4-0 Q4
SMU #45 rank 0-3 Q1, 0-1 Q2, 2-0 Q3, 6-0 Q4
In theory Q1 losses don't hurt you, and Q4 wins don't help.