Compare two stocks
ED and ADBE clearly differ on 6 of 19 forces. The widest gap is euro: in weeks when the euro rose 2% against the U.S. dollar, ED typically moved −1.3% and ADBE +4.5%.
| Economic force | EDConsolidated Edison | ADBEAdobe Inc. |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.4%−2.4% to −0.36%Tentative | −0.88%−2.4% to +0.70%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −1.0%−2.7% to +0.71%Not distinguishable from zero | −1.8%−6.0% to +2.5%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.31%−1.3% to +0.70%Not distinguishable from zero | +0.57%−1.3% to +2.4%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.55%+0.08% to +1.0%Tentative | +0.64%−0.58% to +1.8%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +1.2%−0.42% to +2.9%Not distinguishable from zero | +0.62%−3.2% to +4.4%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.81%−0.38% to +2.0%Not distinguishable from zero | −1.8%−4.0% to +0.46%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.0%−1.6% to −0.44%Tentative | +1.2%−0.54% to +3.0%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.23%−0.47% to +0.93%Not distinguishable from zero | −0.30%−1.9% to +1.3%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.72%+0.09% to +1.4%Tentative | −0.68%−1.7% to +0.35%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.19%−0.21% to +0.58%Not distinguishable from zero | −0.85%−1.9% to +0.21%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | −0.01%−0.03% to +0.01%Not distinguishable from zero | +0.05%+0.03% to +0.08%Clear |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.19%−0.58% to +0.21%Not distinguishable from zero | −0.14%−1.1% to +0.79%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | +0.19%+0.03% to +0.35%Tentative | −0.60%−1.0% to −0.19%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.63%+0.50% to +0.77%Clear | −0.46%−0.92% to +0.01%Not distinguishable from zero |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | −0.15%−0.33% to +0.04%Not distinguishable from zero | −1.2%−1.8% to −0.57%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollarClear difference | −1.3%−2.7% to +0.12%Not distinguishable from zero | +4.5%+1.3% to +7.8%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.26%−0.33% to +0.85%Not distinguishable from zero | +0.55%−0.76% to +1.9%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage pointClear difference | −0.08%−0.28% to +0.12%Not distinguishable from zero | −1.0%−1.5% to −0.49%Clear |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.05%−0.05% to +0.15%Not distinguishable from zero | +0.30%+0.03% to +0.56%Tentative |
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.