Compare two stocks
HON and MA 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 MA −0.54%.
| Economic force | HONHoneywell Technologies | MAMastercard |
|---|---|---|
| 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 | −0.45%−1.1% to +0.18%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 | +0.71%−1.5% to +2.9%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 | +0.76%−0.29% to +1.8%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 | −0.56%−1.1% to −0.02%Tentative |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.21%−1.9% to +2.3%Not distinguishable from zero | −0.73%−2.6% to +1.2%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 | −1.2%−2.7% to +0.24%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 | −0.05%−1.0% to +0.90%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.0%+0.11% to +2.0%Tentative | −0.39%−1.1% to +0.28%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.13%−0.61% to +0.88%Not distinguishable from zero | −0.28%−0.89% to +0.32%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.04%−0.52% to +0.59%Not distinguishable from zero | −0.07%−0.46% to +0.32%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 | −0.02%−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 | −0.31%−0.73% to +0.12%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | +0.42%+0.13% to +0.71%Tentative | −0.15%−0.32% to +0.03%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.57%+0.35% to +0.78%Clear | +0.40%+0.19% to +0.61%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 | −0.57%−0.80% to −0.33%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.77%−2.9% to +1.3%Not distinguishable from zero | +0.11%−1.3% to +1.5%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 | +0.15%−0.47% to +0.78%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 | −0.54%−0.74% to −0.34%Clear |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.09%−0.25% to +0.08%Not distinguishable from zero | +0.22%+0.07% to +0.36%Tentative |
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.