Compare two stocks
HON and BRK-B clearly differ on 2 of 19 forces. The widest gap is emerging markets: in weeks when emerging-market stocks beat the S&P 500 by 1 percentage point, HON typically moved +0.28% and BRK-B −0.22%.
| Economic force | HONHoneywell Technologies | BRK-BBerkshire Hathaway |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.12%−1.0% to +0.79%Not distinguishable from zero | +0.09%−0.92% to +1.1%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −0.32%−2.9% to +2.3%Not distinguishable from zero | 0.00%−1.9% to +1.9%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.47%−0.72% to +1.7%Not distinguishable from zero | +0.70%−0.29% to +1.7%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.65%−1.4% to +0.05%Not distinguishable from zero | −0.10%−0.53% to +0.33%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.21%−1.9% to +2.3%Not distinguishable from zero | +0.51%−1.2% to +2.2%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −1.8%−3.5% to −0.14%Tentative | +0.29%−0.70% to +1.3%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.67%−1.6% to +0.25%Not distinguishable from zero | −0.63%−1.3% to −0.01%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.0%+0.11% to +2.0%Tentative | +0.20%−0.54% to +0.94%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.13%−0.61% to +0.88%Not distinguishable from zero | −0.21%−0.71% to +0.28%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.04%−0.52% to +0.59%Not distinguishable from zero | +0.13%−0.22% to +0.49%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | 0.00%−0.02% to +0.03%Not distinguishable from zero | −0.03%−0.04% to −0.01%Clear |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.04%−0.77% to +0.69%Not distinguishable from zero | −0.70%−1.2% to −0.17%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.42%+0.13% to +0.71%Tentative | +0.21%+0.06% to +0.36%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.57%+0.35% to +0.78%Clear | +0.75%+0.62% to +0.89%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.11%−0.56% to +0.33%Not distinguishable from zero | −0.23%−0.39% to −0.07%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.77%−2.9% to +1.3%Not distinguishable from zero | +0.73%−0.47% to +1.9%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.37%−1.0% to +0.29%Not distinguishable from zero | −0.02%−0.58% to +0.55%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage pointClear difference | +0.28%+0.04% to +0.52%Tentative | −0.22%−0.37% to −0.06%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage pointClear difference | −0.09%−0.25% to +0.08%Not distinguishable from zero | +0.21%+0.10% to +0.31%Clear |
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.