Compare two stocks
ICE and CTVA clearly differ on 2 of 19 forces. The widest gap is small vs large companies: in weeks when small companies beat large ones by 1 percentage point, ICE typically moved −0.03% and CTVA +0.63%.
| Economic force | ICEIntercontinental Exchange | CTVACorteva |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.5%−2.5% to −0.55%Tentative | −0.77%−2.2% to +0.62%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +3.1%+1.0% to +5.2%Tentative | +2.9%−1.4% to +7.1%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.3%−2.4% to −0.15%Tentative | −1.8%−3.4% to −0.24%Tentative |
| Oil and energyIn weeks when the price of oil rose 10% | +1.0%+0.31% to +1.6%Tentative | +0.91%−0.09% to +1.9%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.46%−1.5% to +2.4%Not distinguishable from zero | +0.26%−2.9% to +3.4%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.17%−1.3% to +1.7%Not distinguishable from zero | +0.71%−2.1% to +3.5%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.84%−1.5% to −0.15%Tentative | −1.2%−2.2% to −0.27%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.88%−1.6% to −0.12%Tentative | +0.55%−1.0% to +2.1%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.36%−0.28% to +1.0%Not distinguishable from zero | +0.87%−0.04% to +1.8%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.02%−0.53% to +0.49%Not distinguishable from zero | −0.20%−0.87% to +0.47%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.01%−0.02% to +0.01%Not distinguishable from zero | +0.01%−0.02% to +0.05%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.10%−0.41% to +0.62%Not distinguishable from zero | −0.05%−1.0% to +0.85%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | −0.03%−0.29% to +0.24%Not distinguishable from zero | +0.63%+0.28% to +1.0%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.37%+0.17% to +0.56%Clear | +0.91%+0.66% to +1.2%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.22%−0.49% to +0.04%Not distinguishable from zero | +0.07%−0.29% to +0.44%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.31%−2.1% to +1.5%Not distinguishable from zero | −1.8%−4.1% to +0.52%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.26%−1.0% to +0.47%Not distinguishable from zero | −0.82%−1.7% to +0.09%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.18%−0.36% to +0.01%Not distinguishable from zero | +0.01%−0.29% to +0.32%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.22%+0.09% to +0.34%Tentative | −0.07%−0.24% to +0.11%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.