Compare two stocks
HCA and PG clearly differ on 2 of 19 forces. The widest gap is mortgage rates: in weeks when the 30-year mortgage rate rose 0.25 percentage points, HCA typically moved −1.5% and PG +0.40%.
| Economic force | HCAHCA Healthcare | PGProcter & Gamble |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.58%−1.8% to +0.64%Not distinguishable from zero | −0.63%−1.3% to +0.04%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.9%−1.4% to +5.2%Not distinguishable from zero | +0.93%−0.81% to +2.7%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.79%−2.7% to +1.1%Not distinguishable from zero | −0.53%−1.4% to +0.32%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.0%−2.0% to +0.02%Not distinguishable from zero | −0.70%−1.4% to −0.03%Tentative |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +2.4%−0.19% to +5.0%Not distinguishable from zero | +0.85%−1.1% to +2.8%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.32%−2.3% to +1.7%Not distinguishable from zero | −0.32%−1.5% to +0.90%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.18%−1.2% to +0.90%Not distinguishable from zero | −0.54%−1.2% to +0.10%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage pointsClear difference | −1.5%−2.7% to −0.39%Tentative | +0.40%−0.30% to +1.1%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.41%−0.55% to +1.4%Not distinguishable from zero | +0.48%−0.17% to +1.1%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.91%−1.7% to −0.13%Tentative | +0.24%−0.21% to +0.69%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | −0.01%−0.02% to +0.01%Not distinguishable from zero | +0.04%+0.03% to +0.06%Clear |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.05%−0.78% to +0.68%Not distinguishable from zero | −0.46%−1.0% to +0.08%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.11%−0.18% to +0.40%Not distinguishable from zero | +0.11%−0.04% to +0.27%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.43%+0.17% to +0.69%Tentative | +0.48%+0.33% to +0.64%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.33%−0.65% to −0.01%Tentative | −0.14%−0.31% to +0.03%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +0.25%−2.4% to +2.9%Not distinguishable from zero | +0.21%−1.1% to +1.5%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +1.1%+0.29% to +1.9%Tentative | +0.15%−0.58% to +0.87%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.20%−0.45% to +0.04%Not distinguishable from zero | +0.03%−0.15% to +0.21%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.05%−0.22% to +0.12%Not distinguishable from zero | −0.01%−0.12% to +0.10%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.