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ECHO vs BX · data through Oct 2, 2026

ECHO and BX clearly differ on 2 of 19 forces. The widest gap is short-term rates: in weeks when the 2-year Treasury yield rose 0.25 percentage points, ECHO typically moved −10.4% and BX −1.2%.

Economic forceECHOEchoStarBXBlackstone Inc.
Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points−6.6%−10.7% to −2.5%Clear−3.0%−4.5% to −1.6%Clear
Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points+14.6%+4.1% to +25.1%Tentative+5.0%+1.4% to +8.6%Tentative
U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2%−0.95%−4.5% to +2.6%Not distinguishable from zero+0.09%−1.7% to +1.9%Not distinguishable from zero
Oil and energyIn weeks when the price of oil rose 10%−1.0%−2.8% to +0.73%Not distinguishable from zero−0.24%−1.3% to +0.87%Not distinguishable from zero
Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points+5.3%−6.6% to +17.2%Not distinguishable from zero−1.2%−3.6% to +1.2%Not distinguishable from zero
Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage pointsClear difference−10.4%−15.9% to −4.9%Clear−1.2%−3.2% to +0.78%Not distinguishable from zero
Market volatilityIn weeks when market volatility (the VIX) rose 5 points−0.71%−2.7% to +1.3%Not distinguishable from zero−0.42%−1.3% to +0.44%Not distinguishable from zero
Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points+1.6%−2.8% to +6.0%Not distinguishable from zero−0.31%−1.7% to +1.1%Not distinguishable from zero
GoldIn weeks when the price of gold rose 5%+0.69%−1.8% to +3.2%Not distinguishable from zero−0.91%−2.1% to +0.31%Not distinguishable from zero
CopperIn weeks when the price of copper rose 5%+1.7%+0.17% to +3.3%Tentative−0.58%−1.5% to +0.30%Not distinguishable from zero
Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference+0.13%−0.02% to +0.29%Not distinguishable from zero−0.08%−0.11% to −0.04%Clear
BitcoinIn weeks when the price of bitcoin rose 10%−1.3%−3.9% to +1.4%Not distinguishable from zero+1.4%+0.36% to +2.5%Tentative
Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point+1.1%+0.27% to +1.9%Tentative+0.88%+0.63% to +1.1%Clear
Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point+0.32%−0.54% to +1.2%Not distinguishable from zero+0.64%+0.29% to +1.0%Tentative
MomentumIn weeks when recent winners beat the stock market by 1 percentage point−0.25%−0.91% to +0.41%Not distinguishable from zero−0.05%−0.43% to +0.34%Not distinguishable from zero
EuroIn weeks when the euro rose 2% against the U.S. dollar+1.1%−6.0% to +8.2%Not distinguishable from zero−1.6%−4.2% to +1.1%Not distinguishable from zero
Japanese yenIn weeks when the yen rose 2% against the U.S. dollar+2.5%+0.39% to +4.7%Tentative+0.26%−0.86% to +1.4%Not distinguishable from zero
Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point−0.46%−1.4% to +0.47%Not distinguishable from zero−0.27%−0.57% to +0.02%Not distinguishable from zero
ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point+0.06%−0.32% to +0.45%Not distinguishable from zero+0.07%−0.12% to +0.27%Not distinguishable from zero
Each figure is the stock's typical move in a week when the force moved by the stated amount, after accounting for the stock market, with its 90% range beneath. Grey figures could not be told apart from zero. A row is marked a clear difference only when the two 90% ranges do not overlap.

This describes the past, and it is not a forecast. Relationships change, and nothing here is a recommendation to buy, sell or hold any security.

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