UNSTRUCTURED ALPHAMeasure a portfolio

Compare two stocks

FOXA vs SBUX · data through Oct 2, 2026

FOXA and SBUX clearly differ on 2 of 19 forces. The widest gap is gold: in weeks when the price of gold rose 5%, FOXA typically moved −0.93% and SBUX +1.3%.

FOXASBUXBars: 90% ranges. Hollow: could not be told apart from zero.Same figures in the table below.
Economic forceFOXAFox Corporation (Class A)SBUXStarbucks
Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points−0.29%−1.6% to +1.0%Not distinguishable from zero−0.22%−1.5% to +1.1%Not distinguishable from zero
Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points+4.1%+1.0% to +7.2%Tentative+2.8%−1.6% to +7.1%Not distinguishable from zero
U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2%−0.15%−2.0% to +1.7%Not distinguishable from zero+0.60%−1.2% to +2.4%Not distinguishable from zero
Oil and energyIn weeks when the price of oil rose 10%+0.02%−1.1% to +1.1%Not distinguishable from zero−0.07%−1.0% to +0.87%Not distinguishable from zero
Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points−0.23%−3.1% to +2.6%Not distinguishable from zero−0.51%−3.6% to +2.6%Not distinguishable from zero
Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points−3.7%−6.3% to −1.0%Tentative+0.37%−1.7% to +2.4%Not distinguishable from zero
Market volatilityIn weeks when market volatility (the VIX) rose 5 points+1.1%+0.01% to +2.2%Tentative−0.67%−1.9% to +0.51%Not distinguishable from zero
Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points+0.13%−1.1% to +1.3%Not distinguishable from zero−0.31%−1.7% to +1.0%Not distinguishable from zero
GoldIn weeks when the price of gold rose 5%Clear difference−0.93%−1.7% to −0.16%Tentative+1.3%−0.09% to +2.7%Not distinguishable from zero
CopperIn weeks when the price of copper rose 5%−0.13%−0.65% to +0.40%Not distinguishable from zero+0.61%−0.04% to +1.3%Not distinguishable from zero
Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%+0.03%+0.01% to +0.05%Tentative+0.04%−0.01% to +0.09%Not distinguishable from zero
BitcoinIn weeks when the price of bitcoin rose 10%−0.43%−1.4% to +0.51%Not distinguishable from zero−0.44%−1.3% to +0.44%Not distinguishable from zero
Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point−0.01%−0.37% to +0.36%Not distinguishable from zero+0.15%−0.32% to +0.62%Not distinguishable from zero
Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point+0.34%−0.03% to +0.70%Not distinguishable from zero+0.66%+0.34% to +1.0%Clear
MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference−1.2%−1.6% to −0.81%Clear−0.27%−0.63% to +0.09%Not distinguishable from zero
EuroIn weeks when the euro rose 2% against the U.S. dollar+0.50%−1.9% to +2.9%Not distinguishable from zero+0.76%−1.8% to +3.4%Not distinguishable from zero
Japanese yenIn weeks when the yen rose 2% against the U.S. dollar+0.94%+0.05% to +1.8%Tentative−0.57%−2.2% to +1.0%Not distinguishable from zero
Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point−0.78%−1.4% to −0.20%Tentative−0.07%−0.42% to +0.27%Not distinguishable from zero
ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point+0.48%+0.16% to +0.81%Tentative+0.11%−0.07% 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.

Measure FOXA and SBUX togetherWhat if? Move a force

Your portfolio, measured the same way

Every figure on these pages is one stock at a time. The app measures a whole portfolio: which forces it is exposed to, which holdings cause it, and how sure the reading is. Free, no account for the first report.