Compare two stocks
HD and AMGN clearly differ on 1 of 19 forces. The widest gap is momentum: in weeks when recent winners beat the stock market by 1 percentage point, HD typically moved −0.09% and AMGN −0.78%.
| Economic force | HDHome Depot (The) | AMGNAmgen |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −3.1%−3.9% to −2.3%Clear | −1.8%−2.9% to −0.81%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +3.6%+1.5% to +5.7%Clear | +3.1%+0.22% to +6.0%Tentative |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.02%−1.0% to +1.0%Not distinguishable from zero | −0.29%−2.0% to +1.4%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.3%−1.8% to −0.81%Clear | −1.1%−2.0% to −0.17%Tentative |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.2%−3.1% to +0.57%Not distinguishable from zero | +0.44%−2.7% to +3.6%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.57%−2.0% to +0.82%Not distinguishable from zero | +0.33%−1.6% to +2.3%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.48%−0.38% to +1.3%Not distinguishable from zero | +0.91%−0.21% to +2.0%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.23%−0.93% to +0.47%Not distinguishable from zero | +0.44%−0.65% to +1.5%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.30%−0.45% to +1.1%Not distinguishable from zero | +1.3%+0.04% to +2.5%Tentative |
| CopperIn weeks when the price of copper rose 5% | −0.39%−0.90% to +0.12%Not distinguishable from zero | +0.59%−0.07% to +1.2%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.02%0.00% to +0.03%Tentative | +0.03%+0.01% to +0.06%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.10%−0.40% to +0.61%Not distinguishable from zero | −1.3%−2.4% to −0.13%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.58%+0.38% to +0.79%Clear | +0.30%−0.01% to +0.61%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.53%+0.31% to +0.75%Clear | +0.59%+0.34% to +0.84%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | −0.09%−0.29% to +0.12%Not distinguishable from zero | −0.78%−1.0% to −0.52%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.13%−2.0% to +1.8%Not distinguishable from zero | −0.52%−2.8% to +1.7%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.05%−0.70% to +0.61%Not distinguishable from zero | −0.27%−1.5% to +1.0%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.15%−0.38% to +0.09%Not distinguishable from zero | −0.03%−0.47% to +0.41%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.04%−0.09% to +0.17%Not distinguishable from zero | +0.13%−0.13% to +0.39%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.