Compare two stocks
IBKR and HUM clearly differ on 2 of 19 forces. The widest gap is euro: in weeks when the euro rose 2% against the U.S. dollar, IBKR typically moved −2.8% and HUM +4.7%.
| Economic force | IBKRInteractive Brokers | HUMHumana |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +2.9%+1.4% to +4.4%Clear | +1.4%−1.7% to +4.5%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +0.36%−3.1% to +3.8%Not distinguishable from zero | −2.7%−8.4% to +3.0%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.30%−1.5% to +2.1%Not distinguishable from zero | +1.8%−1.0% to +4.5%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.4%−2.2% to −0.66%Clear | −1.5%−2.7% to −0.36%Tentative |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.7%−4.4% to +0.90%Not distinguishable from zero | −0.31%−4.7% to +4.0%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +2.7%+1.1% to +4.4%Tentative | −1.2%−5.6% to +3.2%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.24%−1.0% to +1.5%Not distinguishable from zero | −0.51%−2.4% to +1.4%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.42%−1.6% to +0.74%Not distinguishable from zero | +0.44%−1.4% to +2.2%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.15%−0.70% to +1.0%Not distinguishable from zero | +0.47%−1.5% to +2.4%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.28%−0.88% to +0.32%Not distinguishable from zero | −0.04%−1.1% to +1.1%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.06%+0.02% to +0.09%Tentative | 0.00%−0.04% to +0.04%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +1.3%+0.61% to +2.0%Clear | +0.51%−0.85% to +1.9%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.14%−0.17% to +0.44%Not distinguishable from zero | +0.83%+0.40% to +1.3%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.03%−0.27% to +0.33%Not distinguishable from zero | +0.88%+0.51% to +1.3%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.59%+0.22% to +1.0%Tentative | −0.15%−0.66% to +0.37%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollarClear difference | −2.8%−4.8% to −0.83%Tentative | +4.7%+0.21% to +9.2%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.21%−0.92% to +1.3%Not distinguishable from zero | +1.8%−0.39% to +3.9%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.27%−0.09% to +0.62%Not distinguishable from zero | −0.47%−1.0% to +0.02%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.02%−0.22% to +0.18%Not distinguishable from zero | −0.36%−0.78% to +0.07%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.