Compare two stocks
IEX and BA clearly differ on 2 of 19 forces. The widest gap is market volatility: in weeks when market volatility (the VIX) rose 5 points, IEX typically moved −0.08% and BA −2.4%.
| Economic force | IEXIDEX Corporation | BABoeing |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.03%−0.81% to +0.75%Not distinguishable from zero | −0.19%−2.3% to +1.9%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +2.3%−0.22% to +4.9%Not distinguishable from zero | +2.8%−0.81% to +6.4%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.31%−1.5% to +0.86%Not distinguishable from zero | −1.0%−3.1% to +1.0%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.0%−1.5% to −0.52%Clear | −0.56%−1.6% to +0.47%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.4%−3.2% to +0.41%Not distinguishable from zero | −1.2%−5.0% to +2.7%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.73%−3.0% to +1.5%Not distinguishable from zero | −0.89%−4.4% to +2.6%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 pointsClear difference | −0.08%−0.55% to +0.39%Not distinguishable from zero | −2.4%−4.2% to −0.58%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.40%−0.53% to +1.3%Not distinguishable from zero | +0.60%−0.81% to +2.0%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5%Clear difference | −0.34%−1.0% to +0.31%Not distinguishable from zero | +1.5%+0.44% to +2.5%Tentative |
| CopperIn weeks when the price of copper rose 5% | +0.40%−0.76% to +1.6%Not distinguishable from zero | +0.88%+0.05% to +1.7%Tentative |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.02%−0.04% to +0.01%Not distinguishable from zero | −0.03%−0.15% to +0.09%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.01%−0.60% to +0.62%Not distinguishable from zero | −0.38%−1.2% to +0.47%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.78%+0.64% to +0.93%Clear | +0.46%+0.12% to +0.79%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.81%+0.63% to +1.0%Clear | +0.34%−0.04% to +0.73%Not distinguishable from zero |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.17%−0.49% to +0.16%Not distinguishable from zero | −0.03%−0.48% to +0.42%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.81%−3.2% to +1.5%Not distinguishable from zero | −1.8%−5.1% to +1.4%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.03%−0.76% to +0.70%Not distinguishable from zero | +0.19%−1.1% to +1.5%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.08%−0.10% to +0.27%Not distinguishable from zero | +0.20%−0.17% to +0.57%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | 0.00%−0.12% to +0.12%Not distinguishable from zero | −0.12%−0.28% to +0.04%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.