Compare two stocks
On none of the 19 forces measured do ECL and AVY differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | ECLEcolab | AVYAvery Dennison |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.5%−2.2% to −0.76%Clear | −1.4%−2.0% to −0.72%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +2.3%+0.48% to +4.1%Tentative | +1.5%−0.45% to +3.4%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.72%−1.6% to +0.11%Not distinguishable from zero | −1.3%−2.2% to −0.29%Tentative |
| Oil and energyIn weeks when the price of oil rose 10% | −1.5%−1.9% to −1.1%Clear | −0.76%−1.4% to −0.10%Tentative |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.1%−3.0% to +0.83%Not distinguishable from zero | −1.5%−3.2% to +0.17%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.54%−0.89% to +2.0%Not distinguishable from zero | −0.72%−2.1% to +0.70%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.33%−1.0% to +0.31%Not distinguishable from zero | −0.37%−1.2% to +0.42%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.27%−1.0% to +0.44%Not distinguishable from zero | +0.47%−0.29% to +1.2%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.03%−0.85% to +0.90%Not distinguishable from zero | −0.01%−0.94% to +0.92%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.06%−0.42% to +0.54%Not distinguishable from zero | +0.51%−0.02% to +1.0%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.01%0.00% to +0.03%Tentative | −0.01%−0.02% to +0.01%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.17%−0.58% to +0.24%Not distinguishable from zero | −0.05%−0.53% to +0.43%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.33%+0.15% to +0.50%Clear | +0.49%+0.28% to +0.70%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.53%+0.37% to +0.69%Clear | +0.60%+0.44% to +0.77%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.21%−0.41% to −0.01%Tentative | −0.34%−0.53% to −0.14%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.16%−1.9% to +1.6%Not distinguishable from zero | −0.08%−1.3% to +1.2%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.46%−1.0% to +0.05%Not distinguishable from zero | −0.12%−0.76% to +0.52%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.05%−0.17% to +0.26%Not distinguishable from zero | +0.12%−0.11% to +0.34%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.08%−0.03% to +0.19%Not distinguishable from zero | +0.08%−0.02% to +0.17%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.