Compare two stocks
IBKR and PH clearly differ on 4 of 19 forces. The widest gap is interest rates: in weeks when the 10-year Treasury yield rose 0.25 percentage points, IBKR typically moved +2.9% and PH +0.20%.
| Economic force | IBKRInteractive Brokers | PHParker Hannifin |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage pointsClear difference | +2.9%+1.4% to +4.4%Clear | +0.20%−0.50% to +0.89%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 | +1.0%−1.3% to +3.4%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 | +0.50%−0.74% to +1.7%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.4%−2.2% to −0.66%Clear | −1.3%−1.8% to −0.70%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.7%−4.4% to +0.90%Not distinguishable from zero | −1.0%−2.9% to +0.83%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 | +0.64%−1.1% to +2.4%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 | −1.0%−1.7% to −0.27%Tentative |
| 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 | −0.66%−1.9% to +0.60%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.15%−0.70% to +1.0%Not distinguishable from zero | −0.22%−1.0% to +0.56%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.28%−0.88% to +0.32%Not distinguishable from zero | −0.33%−0.88% to +0.22%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | +0.06%+0.02% to +0.09%Tentative | −0.02%−0.03% to 0.00%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10%Clear difference | +1.3%+0.61% to +2.0%Clear | −0.29%−0.92% to +0.35%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 | +0.50%+0.32% to +0.69%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 | +0.69%+0.50% to +0.87%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.59%+0.22% to +1.0%Tentative | +0.25%−0.01% to +0.51%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −2.8%−4.8% to −0.83%Tentative | −2.0%−4.0% to 0.00%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 | −0.53%−1.3% to +0.29%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 | −0.08%−0.30% to +0.13%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 | 0.00%−0.14% to +0.13%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.