Compare two stocks
IDXX and JNJ 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, IDXX typically moved +0.08% and JNJ +0.77%.
| Economic force | IDXXIdexx Laboratories | JNJJohnson & Johnson |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.7%−3.1% to −0.39%Tentative | −1.3%−2.0% to −0.66%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +2.4%−1.4% to +6.2%Not distinguishable from zero | +2.4%+0.13% to +4.6%Tentative |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.4%−2.9% to +0.06%Not distinguishable from zero | −0.84%−1.8% to +0.11%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.0%−1.9% to −0.04%Tentative | −0.53%−1.2% to +0.14%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −0.52%−3.4% to +2.4%Not distinguishable from zero | +0.19%−1.6% to +2.0%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +2.0%−0.55% to +4.5%Not distinguishable from zero | −0.73%−2.2% to +0.79%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.68%−1.7% to +0.32%Not distinguishable from zero | −0.92%−1.9% to +0.09%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −1.4%−2.7% to −0.02%Tentative | +0.14%−0.64% to +0.93%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.32%−1.1% to +0.44%Not distinguishable from zero | +0.46%−0.34% to +1.3%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.02%−0.73% to +0.69%Not distinguishable from zero | +0.30%−0.26% to +0.86%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | −0.04%−0.05% to −0.02%Clear | 0.00%−0.01% to +0.01%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.09%−0.76% to +0.95%Not distinguishable from zero | −0.46%−1.1% to +0.22%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.20%−0.06% to +0.46%Not distinguishable from zero | +0.36%+0.17% to +0.56%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.08%−0.20% to +0.36%Not distinguishable from zero | +0.77%+0.57% to +1.0%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.19%−0.47% to +0.09%Not distinguishable from zero | −0.49%−0.77% to −0.20%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.8%−4.3% to +0.74%Not distinguishable from zero | −1.2%−2.7% to +0.27%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.33%−0.75% to +1.4%Not distinguishable from zero | −0.10%−0.73% to +0.53%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.16%−0.43% to +0.10%Not distinguishable from zero | −0.17%−0.53% to +0.19%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.08%−0.11% to +0.27%Not distinguishable from zero | +0.13%−0.05% to +0.31%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.