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FDX vs SOLV · data through Oct 2, 2026

On none of the 19 forces measured do FDX and SOLV differ by more than the noise in the readings: their 90% ranges overlap every time.

FDXSOLVBars: 90% ranges. Hollow: could not be told apart from zero.Same figures in the table below.
Economic forceFDXFedExSOLVSolventum
Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points−1.5%−2.7% to −0.24%Tentative−2.0%−3.2% to −0.77%Clear
Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points+5.2%+1.9% to +8.5%Clear+5.6%+1.7% to +9.4%Tentative
U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2%+0.20%−1.3% to +1.7%Not distinguishable from zero+0.63%−1.4% to +2.6%Not distinguishable from zero
Oil and energyIn weeks when the price of oil rose 10%−0.85%−1.8% to +0.14%Not distinguishable from zero−1.3%−2.3% to −0.30%Tentative
Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points−0.91%−4.2% to +2.3%Not distinguishable from zero−0.20%−4.1% to +3.7%Not distinguishable from zero
Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points−0.17%−2.6% to +2.2%Not distinguishable from zero−1.0%−3.7% to +1.7%Not distinguishable from zero
Market volatilityIn weeks when market volatility (the VIX) rose 5 points−1.1%−2.0% to −0.22%Tentative−0.36%−1.6% to +0.83%Not distinguishable from zero
Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points+1.6%+0.17% to +3.0%Tentative+0.04%−2.1% to +2.2%Not distinguishable from zero
GoldIn weeks when the price of gold rose 5%−0.72%−1.5% to +0.03%Not distinguishable from zero−0.14%−1.3% to +1.1%Not distinguishable from zero
CopperIn weeks when the price of copper rose 5%+0.04%−0.84% to +0.92%Not distinguishable from zero+0.04%−0.80% to +0.88%Not distinguishable from zero
Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%−0.02%−0.05% to 0.00%Tentative+0.01%−0.02% to +0.04%Not distinguishable from zero
BitcoinIn weeks when the price of bitcoin rose 10%−1.4%−2.5% to −0.33%Tentative−1.0%−2.5% to +0.54%Not distinguishable from zero
Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point+0.58%+0.29% to +0.88%Clear+0.61%+0.33% to +0.88%Clear
Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point+0.91%+0.62% to +1.2%Clear+1.0%+0.71% to +1.3%Clear
MomentumIn weeks when recent winners beat the stock market by 1 percentage point−0.51%−1.0% to −0.06%Tentative−0.42%−0.75% to −0.09%Tentative
EuroIn weeks when the euro rose 2% against the U.S. dollar−0.40%−2.9% to +2.1%Not distinguishable from zero+0.25%−3.0% to +3.5%Not distinguishable from zero
Japanese yenIn weeks when the yen rose 2% against the U.S. dollar−0.36%−1.7% to +1.0%Not distinguishable from zero+0.55%−0.74% to +1.8%Not distinguishable from zero
Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point+0.04%−0.28% to +0.36%Not distinguishable from zero−0.46%−0.85% to −0.07%Tentative
ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point−0.07%−0.23% to +0.10%Not distinguishable from zero+0.16%−0.12% to +0.43%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.

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