Compare two stocks
GM and OMC clearly differ on 1 of 19 forces. The widest gap is natural gas: in weeks when the U.S. natural gas price (Henry Hub) rose 10%, GM typically moved −0.05% and OMC +0.01%.
| Economic force | GMGeneral Motors | OMCOmnicom Group |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.6%−3.6% to +0.40%Not distinguishable from zero | −1.6%−2.8% to −0.39%Tentative |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +3.8%−0.11% to +7.6%Not distinguishable from zero | +2.3%−0.45% to +5.1%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.0%−2.7% to +0.65%Not distinguishable from zero | −1.2%−2.4% to +0.10%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.29%−1.2% to +0.66%Not distinguishable from zero | −0.62%−1.5% to +0.23%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −2.2%−5.6% to +1.1%Not distinguishable from zero | −2.9%−5.1% to −0.64%Tentative |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −2.8%−6.3% to +0.64%Not distinguishable from zero | −1.6%−3.5% to +0.23%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.45%−1.6% to +0.75%Not distinguishable from zero | +0.03%−0.90% to +1.0%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.37%−1.1% to +1.8%Not distinguishable from zero | +0.07%−1.3% to +1.5%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.66%−1.7% to +0.39%Not distinguishable from zero | +0.53%−0.33% to +1.4%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.18%−0.78% to +0.42%Not distinguishable from zero | +0.40%−0.17% to +1.0%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | −0.05%−0.08% to −0.01%Tentative | +0.01%−0.01% to +0.03%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.01%−0.79% to +0.81%Not distinguishable from zero | −0.29%−1.0% to +0.42%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.49%+0.12% to +0.87%Tentative | +0.48%+0.22% to +0.74%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.53%+0.18% to +0.88%Tentative | +0.72%+0.40% to +1.0%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.11%−0.50% to +0.28%Not distinguishable from zero | −0.60%−0.90% to −0.30%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +0.06%−3.2% to +3.4%Not distinguishable from zero | +1.5%−0.43% to +3.5%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −1.2%−2.3% to −0.08%Tentative | −0.04%−0.91% to +0.84%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.18%−0.51% to +0.15%Not distinguishable from zero | −0.35%−0.67% to −0.03%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.15%−0.37% to +0.07%Not distinguishable from zero | +0.17%−0.03% to +0.37%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.