Compare two stocks
JBL and PG clearly differ on 2 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 PG −0.14%.
| Economic force | JBLJabil | PGProcter & Gamble |
|---|---|---|
| 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 | −0.63%−1.3% to +0.04%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 | +0.93%−0.81% to +2.7%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 | −0.53%−1.4% to +0.32%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 | −0.70%−1.4% to −0.03%Tentative |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +1.3%−3.4% to +6.0%Not distinguishable from zero | +0.85%−1.1% to +2.8%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 | −0.32%−1.5% to +0.90%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 | −0.54%−1.2% to +0.10%Not distinguishable from zero |
| 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 | +0.40%−0.30% to +1.1%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.37%−1.5% to +0.75%Not distinguishable from zero | +0.48%−0.17% to +1.1%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.61%−1.5% to +0.27%Not distinguishable from zero | +0.24%−0.21% to +0.69%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | −0.02%−0.04% to 0.00%Tentative | +0.04%+0.03% to +0.06%Clear |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.65%−1.8% to +0.48%Not distinguishable from zero | −0.46%−1.0% to +0.08%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 | +0.11%−0.04% to +0.27%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.09%−0.24% to +0.42%Not distinguishable from zero | +0.48%+0.33% to +0.64%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | +1.4%+1.1% to +1.8%Clear | −0.14%−0.31% to +0.03%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −3.7%−7.2% to −0.14%Tentative | +0.21%−1.1% to +1.5%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 | +0.15%−0.58% to +0.87%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.51%+0.18% to +0.84%Tentative | +0.03%−0.15% to +0.21%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.22%−0.55% to +0.10%Not distinguishable from zero | −0.01%−0.12% to +0.10%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.