Compare two stocks
JBL and AIG clearly differ on 4 of 19 forces. The widest gap is momentum: in weeks when recent winners beat the stock market by 1 percentage point, JBL typically moved +1.4% and AIG −0.33%.
| Economic force | JBLJabil | AIGAmerican International Group |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +0.17%−1.7% to +2.0%Not distinguishable from zero | 0.00%−0.93% to +0.94%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.7%−2.8% to +6.1%Not distinguishable from zero | +0.83%−1.3% to +3.0%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.76%−2.5% to +1.0%Not distinguishable from zero | −0.63%−2.0% to +0.70%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.55%−1.3% to +0.24%Not distinguishable from zero | −0.04%−0.51% to +0.44%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +1.3%−3.4% to +6.0%Not distinguishable from zero | +0.71%−1.3% to +2.7%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +1.4%−1.2% to +4.0%Not distinguishable from zero | +0.73%−0.61% to +2.1%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.94%−2.1% to +0.22%Not distinguishable from zero | −1.2%−2.0% to −0.36%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.2%−0.67% to +3.0%Not distinguishable from zero | +0.36%−0.50% to +1.2%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.37%−1.5% to +0.75%Not distinguishable from zero | −0.75%−1.5% to −0.03%Tentative |
| CopperIn weeks when the price of copper rose 5% | −0.61%−1.5% to +0.27%Not distinguishable from zero | +0.04%−0.44% to +0.51%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.02%−0.04% to 0.00%Tentative | −0.02%−0.04% to +0.01%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.65%−1.8% to +0.48%Not distinguishable from zero | −0.22%−0.75% to +0.31%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.56%+0.19% to +0.93%Tentative | +0.28%0.00% to +0.57%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.09%−0.24% to +0.42%Not distinguishable from zero | +0.66%+0.45% to +0.88%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | +1.4%+1.1% to +1.8%Clear | −0.33%−0.52% to −0.14%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −3.7%−7.2% to −0.14%Tentative | −0.94%−2.3% to +0.46%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.41%−1.4% to +0.58%Not distinguishable from zero | −0.40%−1.0% to +0.23%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage pointClear difference | +0.51%+0.18% to +0.84%Tentative | −0.29%−0.54% to −0.04%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage pointClear difference | −0.22%−0.55% to +0.10%Not distinguishable from zero | +0.23%+0.10% to +0.36%Tentative |
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.