Compare two stocks
On none of the 19 forces measured do ETR and SRE differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | ETREntergy | SRESempra |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.1%−2.2% to −0.01%Tentative | −1.1%−2.3% to −0.03%Tentative |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −1.1%−3.8% to +1.6%Not distinguishable from zero | −0.84%−3.5% to +1.8%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.29%−1.1% to +1.7%Not distinguishable from zero | +0.34%−1.6% to +2.2%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.31%−0.36% to +1.0%Not distinguishable from zero | +0.34%−0.45% to +1.1%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.31%−1.7% to +2.3%Not distinguishable from zero | −0.38%−2.9% to +2.1%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.48%−2.2% to +1.2%Not distinguishable from zero | +0.56%−1.1% to +2.2%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.3%−2.1% to −0.56%Tentative | −1.8%−2.5% to −1.0%Clear |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.4%+0.33% to +2.5%Tentative | +1.8%+0.51% to +3.0%Tentative |
| GoldIn weeks when the price of gold rose 5% | +0.38%−0.48% to +1.2%Not distinguishable from zero | −0.14%−1.2% to +0.88%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.37%−0.26% to +1.0%Not distinguishable from zero | +0.08%−0.52% to +0.68%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.04%−0.06% to −0.02%Tentative | −0.06%−0.10% to −0.03%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.10%−0.63% to +0.43%Not distinguishable from zero | +0.40%−0.47% to +1.3%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.40%+0.17% to +0.63%Tentative | +0.43%+0.17% to +0.69%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.70%+0.50% to +0.90%Clear | +0.60%+0.28% to +0.92%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.01%−0.36% to +0.33%Not distinguishable from zero | −0.04%−0.37% to +0.29%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −2.4%−4.4% to −0.41%Tentative | −2.4%−5.1% to +0.34%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.16%−0.53% to +0.84%Not distinguishable from zero | +0.38%−0.35% to +1.1%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.02%−0.23% to +0.27%Not distinguishable from zero | +0.14%−0.22% to +0.50%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.11%−0.03% to +0.24%Not distinguishable from zero | +0.14%−0.04% to +0.31%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.