Compare two stocks
On none of the 19 forces measured do GDDY and ADP differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | GDDYGoDaddy | ADPAutomatic Data Processing |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.0%−2.3% to +0.32%Not distinguishable from zero | −0.33%−1.5% to +0.82%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −0.36%−4.0% to +3.3%Not distinguishable from zero | +1.1%−1.3% to +3.5%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +1.4%−0.43% to +3.2%Not distinguishable from zero | +1.2%+0.13% to +2.3%Tentative |
| Oil and energyIn weeks when the price of oil rose 10% | +0.63%−0.32% to +1.6%Not distinguishable from zero | 0.00%−0.62% to +0.62%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −2.7%−6.4% to +0.91%Not distinguishable from zero | −1.7%−4.3% to +0.89%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −2.7%−5.2% to −0.25%Tentative | +0.37%−1.6% to +2.4%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +1.4%−0.19% to +2.9%Not distinguishable from zero | +1.2%+0.29% to +2.1%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.59%−1.8% to +0.59%Not distinguishable from zero | −0.52%−1.7% to +0.64%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.27%−1.5% to +1.0%Not distinguishable from zero | −0.12%−0.79% to +0.54%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.34%−1.4% to +0.68%Not distinguishable from zero | −0.34%−0.85% to +0.18%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.01%−0.02% to +0.03%Not distinguishable from zero | 0.00%−0.02% to +0.02%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.12%−0.67% to +0.91%Not distinguishable from zero | −0.22%−1.0% to +0.56%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.04%−0.36% to +0.44%Not distinguishable from zero | −0.01%−0.23% to +0.21%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | −0.07%−0.47% to +0.32%Not distinguishable from zero | +0.41%+0.13% to +0.70%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.39%−0.86% to +0.08%Not distinguishable from zero | −0.79%−1.1% to −0.45%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +1.5%−1.4% to +4.3%Not distinguishable from zero | +1.0%−0.85% to +2.9%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.07%−1.3% to +1.2%Not distinguishable from zero | +1.2%+0.21% to +2.1%Tentative |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.86%−1.2% to −0.46%Clear | −0.76%−1.0% to −0.49%Clear |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.03%−0.27% to +0.20%Not distinguishable from zero | +0.27%+0.08% to +0.47%Tentative |
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.