Compare two stocks
FCX and DXCM clearly differ on 3 of 19 forces. The widest gap is gold: in weeks when the price of gold rose 5%, FCX typically moved +3.7% and DXCM +0.01%.
| Economic force | FCXFreeport-McMoRan | DXCMDexcom |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +0.21%−1.3% to +1.7%Not distinguishable from zero | −0.38%−2.6% to +1.8%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +2.0%−2.2% to +6.1%Not distinguishable from zero | −0.63%−6.0% to +4.8%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −5.5%−7.6% to −3.3%Clear | −3.7%−6.9% to −0.46%Tentative |
| Oil and energyIn weeks when the price of oil rose 10% | −1.1%−2.2% to +0.04%Not distinguishable from zero | −0.77%−1.9% to +0.38%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −4.2%−8.3% to −0.19%Tentative | −3.0%−8.9% to +3.0%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.73%−3.9% to +2.5%Not distinguishable from zero | −2.1%−5.9% to +1.6%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.7%−3.4% to 0.00%Tentative | −1.6%−3.6% to +0.41%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.4%−0.24% to +2.9%Not distinguishable from zero | +2.6%+0.90% to +4.3%Tentative |
| GoldIn weeks when the price of gold rose 5%Clear difference | +3.7%+2.5% to +4.8%Clear | +0.01%−1.3% to +1.4%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5%Clear difference | +3.8%+2.3% to +5.2%Clear | +0.89%−0.13% to +1.9%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.01%−0.03% to +0.04%Not distinguishable from zero | +0.04%+0.01% to +0.06%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.13%−1.1% to +1.4%Not distinguishable from zero | +0.73%−0.41% to +1.9%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.34%−0.08% to +0.76%Not distinguishable from zero | −0.43%−1.5% to +0.65%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.52%+0.10% to +0.93%Tentative | +0.19%−0.53% to +0.91%Not distinguishable from zero |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.06%−0.47% to +0.59%Not distinguishable from zero | −0.09%−0.60% to +0.42%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −3.9%−6.3% to −1.5%Tentative | −1.0%−5.1% to +3.1%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −1.2%−2.4% to −0.11%Tentative | −1.0%−3.0% to +1.0%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage pointClear difference | +0.84%+0.44% to +1.2%Clear | −0.58%−0.88% to −0.27%Clear |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.08%−0.23% to +0.38%Not distinguishable from zero | +0.03%−0.23% to +0.30%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.