Compare two stocks
IFF and AMCR clearly differ on 1 of 19 forces. The widest gap is natural gas: in weeks when the U.S. natural gas price (Henry Hub) rose 10%, IFF typically moved +0.02% and AMCR +0.07%.
| Economic force | IFFInternational Flavors & Fragrances | AMCRAmcor |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.1%−2.0% to −0.31%Tentative | −1.4%−2.3% to −0.62%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −0.06%−2.9% to +2.7%Not distinguishable from zero | +1.1%−1.3% to +3.6%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.7%−3.2% to −0.21%Tentative | −2.2%−3.3% to −1.1%Clear |
| Oil and energyIn weeks when the price of oil rose 10% | −1.7%−2.5% to −1.0%Clear | −1.6%−2.3% to −1.0%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −2.6%−5.2% to −0.03%Tentative | −0.87%−3.2% to +1.5%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.78%−3.1% to +1.5%Not distinguishable from zero | 0.00%−2.0% to +2.0%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.13%−0.69% to +1.0%Not distinguishable from zero | −0.91%−1.7% to −0.07%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.0%−0.40% to +2.3%Not distinguishable from zero | +0.58%−0.53% to +1.7%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +1.2%+0.18% to +2.3%Tentative | +1.2%+0.25% to +2.2%Tentative |
| CopperIn weeks when the price of copper rose 5% | +1.3%+0.58% to +2.0%Clear | +0.54%+0.02% to +1.1%Tentative |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | +0.02%0.00% to +0.04%Not distinguishable from zero | +0.07%+0.04% to +0.10%Clear |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.64%−1.3% to +0.05%Not distinguishable from zero | −0.05%−0.93% to +0.82%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.39%+0.08% to +0.70%Tentative | +0.40%+0.15% to +0.64%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.81%+0.57% to +1.0%Clear | +0.79%+0.61% to +1.0%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.45%−0.86% to −0.04%Tentative | −0.34%−0.65% to −0.04%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.45%−2.9% to +1.9%Not distinguishable from zero | −1.8%−3.8% to +0.15%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.41%−1.3% to +0.47%Not distinguishable from zero | +0.17%−0.66% to +1.0%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.35%−0.13% to +0.84%Not distinguishable from zero | +0.21%−0.08% to +0.50%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.03%−0.14% to +0.21%Not distinguishable from zero | +0.09%−0.04% to +0.23%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.