Compare two stocks
On none of the 19 forces measured do EVRG and PNW differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | EVRGEvergy | PNWPinnacle West Capital |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.9%−2.8% to −1.0%Clear | −1.6%−2.6% to −0.56%Tentative |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −1.2%−3.3% to +0.82%Not distinguishable from zero | −1.1%−3.2% to +1.1%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.48%−1.7% to +0.74%Not distinguishable from zero | +0.37%−0.79% to +1.5%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.41%−0.06% to +0.89%Not distinguishable from zero | +0.56%−0.02% to +1.1%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.13%−1.9% to +2.2%Not distinguishable from zero | +0.17%−1.8% to +2.1%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.10%−1.1% to +1.3%Not distinguishable from zero | +0.07%−1.7% to +1.8%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.80%−1.5% to −0.07%Tentative | −0.90%−1.7% to −0.11%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.74%0.00% to +1.5%Tentative | +1.2%+0.38% to +2.1%Tentative |
| GoldIn weeks when the price of gold rose 5% | +0.35%−0.29% to +1.0%Not distinguishable from zero | +0.60%−0.09% to +1.3%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.06%−0.52% to +0.39%Not distinguishable from zero | +0.20%−0.24% to +0.65%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.01%−0.03% to +0.01%Not distinguishable from zero | −0.03%−0.06% to −0.01%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.01%−0.58% to +0.55%Not distinguishable from zero | −0.13%−0.72% to +0.47%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.35%+0.18% to +0.52%Clear | +0.46%+0.24% to +0.69%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.63%+0.49% to +0.77%Clear | +0.65%+0.47% to +0.82%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.15%−0.41% to +0.12%Not distinguishable from zero | −0.28%−0.53% to −0.03%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −2.9%−4.4% to −1.4%Clear | −2.0%−3.5% to −0.46%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.29%−0.22% to +0.79%Not distinguishable from zero | +0.65%+0.10% to +1.2%Tentative |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.10%−0.30% to +0.10%Not distinguishable from zero | −0.15%−0.39% to +0.09%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.01%−0.10% to +0.12%Not distinguishable from zero | +0.08%−0.06% to +0.21%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.