Compare two stocks
HPE and NVDA clearly differ on 2 of 19 forces. The widest gap is value vs growth: in weeks when value stocks beat growth stocks by 1 percentage point, HPE typically moved +0.19% and NVDA −1.2%.
| Economic force | HPEHewlett Packard Enterprise | NVDANvidia |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +1.6%−0.59% to +3.7%Not distinguishable from zero | +2.2%+1.3% to +3.2%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −5.3%−11.1% to +0.52%Not distinguishable from zero | −6.4%−9.9% to −3.0%Clear |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.78%−2.2% to +3.8%Not distinguishable from zero | +1.6%−0.46% to +3.8%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +1.6%+0.45% to +2.8%Tentative | +1.2%+0.49% to +1.9%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.7%−7.0% to +3.6%Not distinguishable from zero | +1.2%−1.5% to +3.9%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +1.7%−1.2% to +4.7%Not distinguishable from zero | +3.4%+0.54% to +6.2%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.73%−2.7% to +1.3%Not distinguishable from zero | +1.3%+0.06% to +2.6%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +2.7%+0.89% to +4.4%Tentative | +0.87%−0.48% to +2.2%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.45%−1.8% to +0.85%Not distinguishable from zero | −0.48%−1.5% to +0.54%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.34%−0.50% to +1.2%Not distinguishable from zero | −0.44%−1.3% to +0.43%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.05%−0.11% to +0.01%Not distinguishable from zero | +0.04%−0.01% to +0.09%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.51%−2.0% to +0.93%Not distinguishable from zero | +0.83%+0.11% to +1.6%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | +0.53%+0.10% to +1.0%Tentative | −0.70%−1.0% to −0.38%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.19%−0.34% to +0.71%Not distinguishable from zero | −1.2%−1.6% to −0.82%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.94%+0.46% to +1.4%Clear | +0.81%+0.41% to +1.2%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −3.3%−8.2% to +1.6%Not distinguishable from zero | −1.2%−4.7% to +2.2%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.07%−1.4% to +1.5%Not distinguishable from zero | −0.43%−1.5% to +0.69%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.40%−0.08% to +0.89%Not distinguishable from zero | +0.11%−0.19% to +0.42%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.27%−0.66% to +0.11%Not distinguishable from zero | −0.03%−0.22% to +0.15%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.