Compare two stocks
HAL and COP clearly differ on 1 of 19 forces. The widest gap is value vs growth: in weeks when value stocks beat growth stocks by 1 percentage point, HAL typically moved +1.5% and COP +0.90%.
| Economic force | HALHalliburton | COPConocoPhillips |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +0.19%−1.3% to +1.7%Not distinguishable from zero | −0.09%−1.3% to +1.1%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +2.5%−1.6% to +6.7%Not distinguishable from zero | +3.4%+0.26% to +6.5%Tentative |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.9%−3.7% to −0.02%Tentative | −0.64%−2.4% to +1.1%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +3.5%+1.3% to +5.7%Clear | +3.4%+2.2% to +4.7%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.1%−4.1% to +2.0%Not distinguishable from zero | −0.66%−2.8% to +1.5%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.13%−2.2% to +2.5%Not distinguishable from zero | +1.3%−0.58% to +3.1%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −2.2%−4.0% to −0.38%Tentative | −1.7%−3.1% to −0.38%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.2%−0.58% to +3.0%Not distinguishable from zero | +0.11%−1.0% to +1.2%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.01%−1.6% to +1.5%Not distinguishable from zero | −0.54%−1.4% to +0.35%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.82%+0.11% to +1.5%Tentative | +0.21%−0.44% to +0.87%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.03%−0.02% to +0.08%Not distinguishable from zero | −0.03%−0.06% to 0.00%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.57%−1.7% to +0.54%Not distinguishable from zero | −0.70%−1.4% to +0.02%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +1.0%+0.64% to +1.4%Clear | +0.37%+0.10% to +0.65%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +1.5%+1.1% to +1.9%Clear | +0.90%+0.69% to +1.1%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.36%−0.80% to +0.08%Not distinguishable from zero | −0.16%−0.48% to +0.16%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.79%−3.5% to +1.9%Not distinguishable from zero | −3.0%−5.5% to −0.44%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −1.2%−2.4% to −0.07%Tentative | −0.89%−1.8% to +0.02%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.35%−0.10% to +0.80%Not distinguishable from zero | +0.01%−0.33% to +0.36%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.07%−0.15% to +0.28%Not distinguishable from zero | +0.12%−0.03% to +0.26%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.